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A casino operator in Cambodia, with an establishment located on the border between Thailand and Cambodia; Donaco International Ltd, confirms financial struggles and is seeking financing options to help support the company’s financial obligations during a difficult period.
Striking casino workers in Cambodia’s NagaWorld complex will now have some real reasons to celebrate the weekend.
Mushrooming of casinos and online gambling centers has been counterproductive in Cambodia and that’s pretty much why the government has planned to put a complete ban on all forms of online gambling in the country.
Online gambling was banned in Cambodia earlier in the year and by the next year when all the current licenses expire online gambling would be completely outlawed.
Cambodia has sent home 173 Thai nationals who were earlier apprehended over illegal online gambling charges.
The ban on online gambling in Cambodia is expected to make a significant cut in the expected tax revenue for 2020.
Loan sharks have been active in the region, including in countries like the Philippines and Cambodia. Casino and gambling-related debts and crime has been on the rise.
Amidst Exodus Of Chinese From Cambodia After Online Gambling Ban, Sihanoukville Authorities Warn Building...
With thousands of Chinese nationals leaving Cambodia after a complete ban on online gambling in the country, the authorities in the Cambodian gambling hub Sihanoukville have warned 10 building owners of legal action as they have failed to comply with the demolition orders issued earlier.
In inaugural ceremony of the two-day regional gaming expo in Sihanoukville, the Asia Gaming Expo representatives said that Cambodia would be a regional gaming and gambling hub soon.
12 Chinese men have been arrested in Poipet town in Cambodia. The Chinese nationals were arrested over charges of kidnapping three people after they failed to pay gambling loans. Those kidnapped were also from China.