Cambodia’s online gambling ban will take effect as promised on January 1, 2020 after the country’s leader dashed hopes of any last minute reprieve.
On Saturday, Cambodia’s Prime Minister Hun Sen declared that “in days to come, online gambling will completely disappear.” The comments appear to extinguish any hope that the PM might reconsider the directive he issued in August that all existing online gambling licenses would expire at the end of 2019 and no new licenses would be issued.
The Phnom Penh Post quoted Hun Sen (pictured) telling attendees at the 8th Sea Festival in Kampot province that “if Cambodia’s economy continues to rely on online gambling, Cambodia’s national security will be compromised.” Hun Sen added that Cambodia risked becoming “a haven for money laundering” by “organized crime groups who will come to Cambodia to carry out their activities.”
In full: https://calvinayre.com/2019/12/22/business/cambodia-pm-confirms-online-gambling-ban/
