Earlier on Tuesday, the Phnom Penh Post reported that the new draft of the national casino law could be finalised as early as this year. It said regulators are also considering legalising online gambling in the country. NagaWorld, a casino resort in Phnom Penh operated by Hong Kong-listed NagaCorp Ltd, reports in filings it has a 70-year licence for land-based casino gaming, valid until 2065 Cambodia has a booming casino industry and online gambling is part of the unprecedented growth. As of 2014, the global market for online gambling is worth $35 billion, and Cambodia is willing to join the trend. The result is a government approval that allows physical casinos based in the country to offer online platforms, provided that casino operators pay the government with a fee worth $10,000 yearly. With this go signal from the Cambodian government, Cambodia gambling enthusiasts can now Cambodia’s gambling laws have undergone several changes in the past. The country has banned any form of gambling throughout Cambodia during the regime of the Khmer Rouge. It was only legalized in the early 1990s but the passing of the Law on Suppression of Gambling in 1996 voided all the issued gambling licences and eventually prevented any form of gambling for the residents of Cambodia. Prior to this week’s passage of the new commercial gambling law, the Cambodian government had taken measures to impose order on the Chinese-led gambling boom. Last year, at Beijing’s urging, the... Cambodia Completes Purge Of Formerly Licensed Online Gaming Operations 9th Jan 2020 | Written by: Martin John Williams The Cambodian government has announced the complete cessation of foreign-facing online gambling operations in all of the nation’s casinos following a January 1 ban and more than a week of... The Law on the Management of Integrated Resorts and Commercial Gambling (LMCG), he asserts, will lead to greater tourism, which will spur Cambodia’s economic growth while seeing more jobs come What this law is aimed at is of course all of the Chinese that have come into the country to setup online operations in the last few years. Cambodia is one of two countries that will issue online gambling licenses to Chinese entities at the moment, the Philippines being the other. For those of you who have never been inside a casino in a city like Sihanoukville, online operators will often Gambling Laws in Cambodia. Gambling in Cambodia is illegal under the Law on Suppression of Gambling from 1996 and its amendments, in all its diversity. This law contains precise definitions of the forms of gambling that are prohibited in the country such as casino games, card games, betting etc. including all forms of online gambling in Cambodia. However, the prohibition for land-based and online gambling applies only to the citizens of Cambodia. For the citizens of Cambodia it is only After developing a reputation as a thriving hub for Asian-facing online gambling operators, Cambodia’s Prime Minister Hun Sen announced plans in August 2019 to ban online gambling by the start of... The Law on the Management of Integrated Resorts and Commercial Gambling (LMCG), he asserts, will lead to greater tourism, which will spur Cambodia’s economic growth while seeing more jobs come to the country. The new legal framework places a gross gaming revenue tax on casinos, requiring 4% on VIP gaming activity and 7% on the mass gaming
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