Industry
November 29, 2022
LRSU Leader Re-Arrested as Strike at NagaWorld Continues
The labor union leader at the center of the ongoing strike at NagaWorld resort was re-arrested on Saturday, November 26, at Phnom Penh International Airport, raising further questions as to how the dispute between the casino and some of its workers is being approached by the courts. Violation of Travel Restrictions The head of the […]
Casino
November 18, 2022
Cambodia Invites FATF to Audit the Country, Remove It from Grey List
Cambodia is prepared to prove to the world that it is not the villain that some watchdogs believe it to be. Now, the country wants the Financial Action Task Force (FATF) to take another look at it and see that Cambodia does not deserve to be on the organization’s grey list of countries. FATF May […]
Legal
November 14, 2022
China and Cambodia Strengthen Efforts against Illegal Gambling
Cambodia and China agreed to level up their fight against telecommunication fraud and online gambling last week. The Two Countries Boost Efforts against Fraud, Illegal Gambling Li Keqiang, China’s Premier visited Cambodia last week and participated in the Association of South-East Asian Nations (ASEAN) Summit. During the event, he met with Cambodia’s Prime Minister, Hun […]
Legal
October 26, 2022
Cambodia Must Do More to Exit FATF’s Gray List
Cambodia has been working hard to crack down on gambling-related fraud and exit the Financial Action Task Force money laundering gray list. While the country has been making some impressive strides, there is still some work to be done, Transparency International Cambodia said. Cambodia Must Still Do More Cambodia had come to be synonymous with […]
Casino
October 24, 2022
Cambodia Issues New Guidelines for Casino and Gambling Operators
Cambodia continues to navigate the difficulties of managing a casino industry that has got quite a bad reputation of late. That is why the General Secretariat of the Commercial Gambling Management Commission (CGMC) has issued new guidelines which will alter some of the base principles of operation for commercial casinos. Cambodia Introduces New Rules on […]
Industry
October 17, 2022
Cambodia Raids 10,000 Suspects in Illegal Gambling Locations
Cambodia has launched a wide-scale raid on thousands of suspected illegal gambling establishments, resulting in the targeting of at least 10,000 locations. Authorities have carried out the raids for over a month and they are now bringing charges against 127 of the venues, media reported. Cambodia Hits hard Against Suspected Illegal Gambling Venues The operation […]
Business
October 13, 2022
NagaCorp to Likely Face Financial Trouble, Moody’s Predicts
Moody Corporation’s bond credit rating business, Moody’s Investor Service, is concerned about the future of NagaCorp amid China’s war on junkets. The Hong Kong-listed Cambodian operator has been struggling to recover from the pandemic and now faces significant refinancing risks. Moody Is Concerned about NagaCorp Moody’s concerns became evident when the rating company downgraded NagaCorp’s […]
Industry
October 13, 2022
Cambodian Authorities to Continue with Gambling Crackdown
Cambodia authorities are adamant that the crackdown on illegal gambling should continue, confirmed Minister of Interior Sar Kheng, who also warning law enforcement officers to avoid getting involved with these crimes. Gambling Preludes Serious Crimes Kheng addressed the issue of online gambling alongside drug offenses while speaking at the inauguration of a new school building […]
Poker
October 13, 2022
PokerStars Announced Inaugural APPT Cambodia Poker Festival
Leading online poker operator PokerStars announced a new stop for its 2022 Asia Pacific Poker Tour (APPT) live poker tournament series, APPT Cambodia. Expanding APPT Borders The inaugural APPT Cambodia live poker festival is scheduled to take place November 3-13, 2022, in the Grand Ballroom at the award-winning NagaWorld resort in the Mekong region and […]
Casino
October 3, 2022
Cambodian Illegal Gambling Scene Almost Completely Shut Down
Cambodia is on a full-on large-scale war against illegal gambling nationwide. The police have reportedly been conducting an operation throughout the entire country for more than a week now, and the results are astounding, at least according to reports citing local authorities. No matter how successful these operations may sound, it still leaves a bitter-sweet […]
