Breaking News: Cambodian Government Closes All Online Gambling Licenses
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Breaking News: Cambodian Government Closes All Online Gambling Licenses
Breaking News from official government source Fresh News : 18/08/19 20:55
Cambodian Government Closes Licenses on Online Gambling
Phnom Penh (FN), Aug. 18 – The Royal Government of Cambodia decided to stop granting licenses to online gambling inside and outside the kingdom, according to the circular signed by Prime Minister HE on 18 August 2019.
The circular stated that justice police and relevant authority must investigate and obstruct all forms of illegal online gambling.
It added that those who have licenses are permitted to operate until their licenses expired. After that, the Ministry of Economy and Finance will not renew or grant licenses to online gambling.
According to the circular, the decision aimed to stop foreign criminals from conducting online frauds and kidnapping, which affected security and social order.
=FRESH NEWS
Cambodian Government Closes Licenses on Online Gambling
Phnom Penh (FN), Aug. 18 – The Royal Government of Cambodia decided to stop granting licenses to online gambling inside and outside the kingdom, according to the circular signed by Prime Minister HE on 18 August 2019.
The circular stated that justice police and relevant authority must investigate and obstruct all forms of illegal online gambling.
It added that those who have licenses are permitted to operate until their licenses expired. After that, the Ministry of Economy and Finance will not renew or grant licenses to online gambling.
According to the circular, the decision aimed to stop foreign criminals from conducting online frauds and kidnapping, which affected security and social order.
=FRESH NEWS
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Re: Breaking News: Cambodian Government Closes All Online Gambling Licenses
going to keep the police busy....more on line gaming than mosquitoes.
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Re: Breaking News: Cambodian Government Closes All Online Gambling Licenses
Cambodia to ban online gambling, cites threat to social order
18 Aug 2019 at 17:49
PHNOM PENH: Cambodia said on Sunday it is banning online gambling, which helped propel a wave of Chinese investment in casinos in the country, saying that the industry had been used by foreign criminals to extort money.
The southern coastal city of Sihanoukville has emerged as a particular centre for gambling and many of the dozens of Chinese-run casinos that have sprung up there have online gambling operations. "The Royal Government of Cambodia will stop the issuance of online gambling policy and licenses, both within and outside of the Kingdom of Cambodia, from the date of signing this directive," said a directive signed by Prime Minister HE.
"Some foreign criminals have taken refuge in the form of this gambling to cheat and extort money from victims, domestic and abroad, which affect the security, public order and social order," the directive said.
China is Cambodia's close ally, its biggest donor and investor. It has also been trying to crack down on cross-border gambling, criticising operations in the Philippines that are similar to those in Cambodia.
https://www.bangkokpost.com/world/17324 ... cial-order
18 Aug 2019 at 17:49
PHNOM PENH: Cambodia said on Sunday it is banning online gambling, which helped propel a wave of Chinese investment in casinos in the country, saying that the industry had been used by foreign criminals to extort money.
The southern coastal city of Sihanoukville has emerged as a particular centre for gambling and many of the dozens of Chinese-run casinos that have sprung up there have online gambling operations. "The Royal Government of Cambodia will stop the issuance of online gambling policy and licenses, both within and outside of the Kingdom of Cambodia, from the date of signing this directive," said a directive signed by Prime Minister HE.
"Some foreign criminals have taken refuge in the form of this gambling to cheat and extort money from victims, domestic and abroad, which affect the security, public order and social order," the directive said.
China is Cambodia's close ally, its biggest donor and investor. It has also been trying to crack down on cross-border gambling, criticising operations in the Philippines that are similar to those in Cambodia.
https://www.bangkokpost.com/world/17324 ... cial-order
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- frank lee bent
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Re: Breaking News: Cambodian Government Closes All Online Gambling Licenses
Will be more internet cafe... I guess 70% of online gambling place are illegal in PP. Government can’t ban, same illegal fishing game places. I saw few fishing game place when police man came take tea money. They are running until pay tea money everyday!
Be yourself, no matter what they say!
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Re: Breaking News: Cambodian Government Closes All Online Gambling Licenses
So the headline should read, HE announces increase in tea money required for online gaming.
- frank lee bent
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Re: Breaking News: Cambodian Government Closes All Online Gambling Licenses
Winnie the Pooh says jump
"How high?"
"How high?"
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Re: Breaking News: Cambodian Government Closes All Online Gambling Licenses
Agree, but perhaps not very high in this case since existing licencee's can continue to operate the online gaming until their licenses expire. Wonder how long the licences are for ?
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Re: Breaking News: Cambodian Government Closes All Online Gambling Licenses
Who has licenses? Lol
Re: Breaking News: Cambodian Government Closes All Online Gambling Licenses
How long where they valid for? are they transferable they'd be worth a fortune now if they are.CEOCambodiaNews wrote: ↑Sun Aug 18, 2019 9:03 pm
It added that those who have licenses are permitted to operate until their licenses expired.
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