105 Chinese arrested at senator’s Poipet casino
More than 100 Chinese nationals believed to be wanted for crimes in their home country were arrested on Wednesday at a CPP senator’s casino in Poipet City, which had to be shut down during the operation, police said. ...
Saing Soenthrith
https://www.cambodiadaily.com/news/105-chinese-arrested-at-senators-poipet-casino-109327/
Cambodia earns $2 bn from its casino annually
Cambodia’s casino industry has generated a revenue of approximately $2 billion per annum, the country’s central bank chief said here on Wednesday. ...
Business Standard News Staff
http://www.business-standard.com/article/news-ians/cambodia-earns-2-bn-from-its-casinos-annually-115093000332_1.html
Cambodia revenue drives profit surge at casino supplier
Entertainment Gaming Asia, a Nasdaq-listed company that supplies electronic gaming machines, posted a an 88 percent year-on-year rise in its third-quarter profit, citing higher sales in Cambodia as a major driver of its growth, according its filing to the Nasdaq on Monday in New York. ...
May Kunmakara
http://www.khmertimeskh.com/news/17676/cambodia-revenue-drives-profit-surge-at-casino-supplier/
Tax revenue from casinos rises sharply in 2015
Thanks to improved collection efforts, a total of $34.7 million in taxes was taken in from Cambodia’s casinos in 2015, a 33 percent increase on the previous year, the Finance Ministry said on Monday. Ros Phearun, deputy director-general of the ministry’s finance industry department, said ...
Kang Sothear
https://www.cambodiadaily.com/news/tax-revenue-from-casinos-rises-sharply-in-2015-105069/
NagaCorp casino 2016 profits show modest growth
Cambodian casino operator NagaCorp Ltd posted a net profit of $184.2 million last year, a 7 percent increase over the previous year, with growth largely tempered by a lacklustre surge in business volume across all gaming segments at its NagaWorld casino complex in Phnom Penh.While ...
Kali Kotoski
http://www.phnompenhpost.com/business/nagacorp-casino-2016-profits-show-modest-growth
Donaco in negotiations to buy Cambodian casino business
Donaco International Ltd has signed an exclusive term sheet to acquire “a significant gaming and hospitality business in Cambodia”, the company said. It did not provide further details on the acquisition target. ...
GGRAsia News Staff
http://www.ggrasia.com/donaco-in-negotiations-to-buy-cambodian-casino-business/
Cambodia plans to allow locals in national casinos
The government of Cambodia is considering to allow local citizens to gamble in casinos. Currently, only foreigners are allowed to gamble in the country’s local casinos. According to an official from Cambodia’s Ministry of Economy and Finance, the government is considering to lift the restrictions on local residents, since ...
Jason Glatzer
http://www.pokernews.com/news/2014/09/cambodia-to-allow-locals-in-casinos-19284.htm
With Election on the Horizon, Politicians Defend Land Policies
Cambodian politicians have begun a public campaign to defend their records on land policies, as they prepare for the run-up to July elections. Politicians from the ruling Cambodian People’s Party, as well as the opposition Sam Rainsy and Human Rights parties, have said they will give ...
Chinese demand drives construction boom in Cambodia
The value of construction projects in Cambodia rose more than 22 percent to $6.4 billion in 2017 from the previous year, according to official figures released on Tuesday that showed the impact of a boom driven by Chinese investors. The high level of Chinese investment is ...
Prak Chan Thul
https://www.reuters.com/article/cambodia-construction/chinese-demand-drives-construction-boom-in-cambodia-idUSL3N1PB2YA
Cambodia’s new casino bill faces likely delay: report
A bill to regulate the management of Cambodia’s casino industry could be approved by the country’s National Assembly (pictured) in the first quarter of 2016, reported the Khmer Times newspaper, quoting an official from the Ministry of Economy and Finance. ...
GGRAsia News Staff
http://www.ggrasia.com/cambodias-new-casino-bill-faces-likely-delay-report/
Betting online: casino operator moving into lucrative software development
A local firm has seen revenues grow by adding online operations to its casino, allowing it to take bets from offshore players. Now it is designing the software that allows other casinos to get a piece of the action. ...
Ayanna Runcie
http://www.phnompenhpost.com/business/betting-online-casino-operator-moving-lucrative-software-development
Wife of Pailin Governor Reaps Benefits From Casino Deal
Venturing into Cambodia’s casino market in May 2011, Macau-backed gambling firm Entertainment Gaming Asia (EGA) promised tens of thousands of dollars to the wife of Pailin’s provincial governor in order to lease land for the construction of a new casino, documents filed with the U.S. ...
Simon Lewis and Hul Reaksmey
http://www.cambodiadaily.com/news/wife-of-pailin-governor-reaps-benefits-from-casino-deal-40660/
Gamblers risk illegal crossing to get to Cambodia casinos
Hundreds of Vietnamese gamblers trying to get to casinos in Cambodia are testing tightened security at two border gates in Long An Province, and a crackdown at Binh Hiep Border Gate has opened a market for gangs facilitating illegal crossings or bribing guards. ...
Vietnamnet News Staff
http://english.vietnamnet.vn/fms/society/123023/gamblers-risk-illegal-crossing-to-get-to-cambodia-casinos.html
Russian charged over man’s shooting during casino clash
A Russian expatriate accused of shooting a man during a fight between two groups of foreigners at a Sihanoukville casino in February was charged with intentional violence Tuesday and sent to prison to await trial, officials said. ...
Kang Sothear
https://www.cambodiadaily.com/news/russian-charged-over-mans-shooting-during-casino-clash-86339/
NagaWorld a no-show at arbitration meeting
A strike involving hundreds of casino workers – many who have been told their contracts have been terminated – reached an impasse yesterday after NagaWorld officials did not attend a conciliation session at the Arbitration Council, a union leader said. “The Arbitration Council could not immediately ...
http://www.phnompenhpost.com/2013062566463/National/nagaworld-a-no-show-at-arbitration-meeting.html
Cambodia's mangroves under threat
Cambodia’s vital southern mangrove systems are choking as rising sea levels, agitated by climate change, inundate them with sand, while sand dredging sucks them dry of sediment, a study by the International Union for the Conservation of Nature (IUCN) has found. Stressed by a host of ...
http://www.phnompenhpost.com/index.php/2012120560112/National-news/mangroves-threatened.html
Shift in CNRP's political strategy to win elections
The Cambodian National Rescue Party is making a strategic shift in its bid to win the next election: focusing less on traditional hot-button issues like government corruption and territorial disputes, and instead offering voters a series of concrete new policy initiatives. This required clear and ...
NagaWorld strikers fired en masse
Nagaworld casino has fired more than 400 workers who have spent about 10 days striking to demand a wage increase, union leaders, workers and a leaked internal memo have revealed. A list of names, obtained by the Post yesterday, was emailed to management and senior staff ...
http://www.phnompenhpost.com/2013062466447/National/nagaworld-strikers-fired-en-masse.html
Siem Reap Hotel Dispute Has No End in Sight
A prolonged court case between two French investors in Siem Reap’s landmark Victoria Angkor hotel is at a standstill after auditors ordered by the Supreme Court to examine the hotel’s finances were denied access to the books this week. In a dispute that goes back to ...
http://www.cambodiadaily.com/business/investment-dispute-over-luxury-hotel-drags-on-7903/
Rights Group Calls for Investigation of Thai Casino Torture Case
Local human rights group Adhoc has called on the government to investigate the alleged detention and torture of a Cambodian woman at a Bangkok casino where she was employed. In a statement released Friday, Adhoc said the government must push for a “full investigation” into the ...
Lauren Crothers
http://www.cambodiadaily.com/news/rights-group-calls-for-investigation-of-thai-casino-torture-case-49552/