International edition
September 27, 2021

Mark Brown

Ex-Macau casino executive named NagaWorld COO

(Macau).- Mark A. Brown – President of The Venetian Macao and also of Sands Macao from April 2006 to April 2009 – has been appointed COO of NagaWorld. The latter is the operating unit for the casino resort of the same name developed and run in Phnom Penh, Cambodia, by Hong Kong-listed NagaCorp. Brown will oversee the opening stages of NagaCorp’s casino investment in the Russian city of Vladivostok.

I

n April 2012 it was announced that Brown had been declined a gaming employee license in the Australian state of New South Wales. The Independent Liquor and Gaming Authority did not give a reason. That prevented him accepting a salaried job offer as international marketing manager at The Star casino resort in Sydney operated by Echo Entertainment Group.

Prior to his latest move to NagaWorld, Brown was senior vice president for strategic development at Wynn Resorts’ Encore Las Vegas facility, where he oversaw marketing. According to NagaCorp’s new filing to the Hong Kong Stock Exchange, Brown’s new job involves – with the help of consultants – overseeing the initial stages of NagaCorp’s casino project near Vladivostok in Russia’s Far East.

NagaCorp announced in September it was planning to invest us$ 350 million to build a casino, hotel and exhibition venue in the Russian province of Primorsky Krai, which shares a border with China and North Korea, and is accessible by air from Beijing in under three hours. NagaCorp, which is aiming to fund the project using equity and or debt, said the complex would have 100 gaming tables, 500 electronic machines, a large theatre facility to accommodate 2,000 people as well as entertainment offerings such as karaoke and spas.

The company’s Russian project will take several years and may not begin operations before 2018, according to its September statement.

Brown will also assist Chen Lip Keong, CEO of NagaCorp and of NagaWorld, in managing operations, marketing and development of the core business in Cambodia, the parent company said. NagaCorp added it plans to use Brown’s experience to increase regional market share, especially in the junket-based VIP market.

Macau casino developer Lawrence Ho Yau Lung said in July he would invest an initial us$ 130 million – via Summit Ascent Holdings and Melco International Development – for a stake in another casino project in the same Russian region (also referred to as Primorye) that NagaCorp has targeted for investment.

What is your opinion about this article?
  • I like it
    %
    0 votos
  • I don't like it
    %
    0 votos
  • I have not thought about it
    %
    0 votos
Leave your comment
Newsletter Subscription
Subscribe to receive the latest news and updates
Enter a valid email
Complete the captcha
Thank you for registering to our newsletter.
Follow us on Facebook