Cambodia Passes Law to Regulate Exploding Gambling Sector

Earlier this week, Cambodia’s parliament passed its long-awaited gambling bill, which will seek to impose some semblance of order on the country’s runaway casino sector.

The law, which was approved by the Cambodian cabinet in July of last year and passed by the National Assembly on October 5, contains a range of provisions designed to tighten the government’s control over the industry.

In the words of Cambodian Finance Minister Aun Pornmoniroth, who spoke in parliament prior to the bill’s passage, “The law is aimed at further strengthening the management of commercial gaming facilities in Cambodia so as to contribute to boosting economic growth, promoting tourism, increasing tax revenue as well as maintaining social safety and security.”

In full: https://thediplomat.com/2020/10/cambodia-passes-law-to-regulate-exploding-gambling-sector/

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