Surge in number of casino licences
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Surge in number of casino licences
The surge in the number of casino licences is not news to most people here. However, it would be interesting to know how many of them were issued over this past year.
Gaming firms put money on Kingdom’s casinos
Cambodia's gaming sector is growing rapidly on a surge of Chinese investment with a total of 79 casino licences now issued, a government official said yesterday.
Ros Phirun, deputy director of the finance industry department at the Ministry of Economy and Finance, said most of the country’s casinos were concentrated along the country’s borders to attract gamblers from neighbouring countries, while rules that allow brick-and-mortar casinos to operate online gambling were encouraging foreign casino operators to relocate to Cambodia.
“Casino companies continue to flow in to Cambodia with a marked increase in Chinese-owned casino operations recently,” he said, adding that the majority of this new investment was directed to Preah Sihanouk province.
Phnom Penh Post
Gaming firms put money on Kingdom’s casinos
Cambodia's gaming sector is growing rapidly on a surge of Chinese investment with a total of 79 casino licences now issued, a government official said yesterday.
Ros Phirun, deputy director of the finance industry department at the Ministry of Economy and Finance, said most of the country’s casinos were concentrated along the country’s borders to attract gamblers from neighbouring countries, while rules that allow brick-and-mortar casinos to operate online gambling were encouraging foreign casino operators to relocate to Cambodia.
“Casino companies continue to flow in to Cambodia with a marked increase in Chinese-owned casino operations recently,” he said, adding that the majority of this new investment was directed to Preah Sihanouk province.
Phnom Penh Post
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- cptrelentless
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Re: Surge in number of casino licences
The King Pharoah karaoke place across from the Square in Shv has been sold and is rapidly being knocked down. Presumably another casino.
Re: Surge in number of casino licences
How many casinos in Sihanoukville to date? 20?
- Fourkinnel
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Re: Surge in number of casino licences
By the time you've gone round counting them another one will have been built!
. Built with cheapest sought materials and labour no doubt. Probably 10 years life before they crumble to dust.
. Built with cheapest sought materials and labour no doubt. Probably 10 years life before they crumble to dust.
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Re: Surge in number of casino licences
Absolutely no sure info, but for SHV I would double that figure. Every time I turn around there's another casino. I took a photo of the first casino when it was being built by the Golden Lions because it was so amazing (sorry dont remember name), but now they are everywhere. Impossible to keep up.
Unless someone has some stats on this ?
- StroppyChops
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Re: Surge in number of casino licences
Willing to bet this is at least in-part related to the falling level of aid dollars coming into the kingdom.
Bodge: This ain't Kansas, and the neighbours ate Toto!
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Re: Surge in number of casino licences
It's been a while since HE told the World Bank and the EU and all the western NGOs where they can stick it. We are buddies with China first and that's been clear for some time.StroppyChops wrote: Willing to bet this is at least in-part related to the falling level of aid dollars coming into the kingdom.
However, there are worst things than casinos. Just wait until they find some oil.
- StroppyChops
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Re: Surge in number of casino licences
Or diamonds.Anchor Moy wrote: ↑Mon Jun 12, 2017 1:06 amIt's been a while since HE told the World Bank and the EU and all the western NGOs where they can stick it. We are buddies with China first and that's been clear for some time.StroppyChops wrote: Willing to bet this is at least in-part related to the falling level of aid dollars coming into the kingdom.
However, there are worst things than casinos. Just wait until they find some oil.
Bodge: This ain't Kansas, and the neighbours ate Toto!
Re: Surge in number of casino licences
More casinos means more Thai tourists.
Re: Surge in number of casino licences
HE is a political genius.Anchor Moy wrote: ↑Mon Jun 12, 2017 1:06 amIt's been a while since HE told the World Bank and the EU and all the western NGOs where they can stick it.
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