Cambodia’s casino industry, once nothing more than a footnote in the global casino space, has grown significantly in the past year. There has been an increase of 53% in the number of licenses issued, leading to the country being viewed as the “New Land of Opportunity” by Casino Review Magazine (CR). The journal recently conducted a one-on-one with Global Market Advisors (GMA) Senior Partner Andrew Klebanow to get his insight on the developing industry and where it is headed.
Klebanow points out in the interview (in pdf) that Cambodia’s casino growth can be attributed to a number of factors, including Live Dealer Online (LDO) wagering. LDO gambling allows bettors in other countries to place bets on live action using mobile devices or computers and junket operators have begun to take special interest in the space.