Cambodian casino operator NagaCorp is recognising a "steady business recovery" from the pandemic, as more tourists arrive in the country from neighbouring countries as their travel restrictions reduce.

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The company, which has a monopoly on gambling in the Cambodian capital, Phnom Penh, reported third quarter GGR down 16.3 per cent at US$106.6m compared with $127.4m.

NagaCorp runs NagaWorld (pictured) in the capital and it had shown gains from all elements on the gambling floor. EBITDA was $183.2m against a negative $17.4m.