Casino investment boosts Kingdom’s construction sector
Increasing casino investment has brought the construction sector to provinces along Cambodia’s borders, World Bank (WB) senior economist for Cambodia Ly Sodeth said on Wednesday. In the latest WB Cambodia Economic Update (CEU) report published on Wednesday, Sodeth said that the construction sector has boomed in Banteay ...
Thou Vireak
https://www.phnompenhpost.com/business/casino-investment-boosts-kingdoms-construction-sector
Chinese tourists overtake S Koreans at Angkor
China has overtaken South Korea to become the largest tourist source to at the Angkor world heritage site, state-run Agency Kampuchea Press (AKP) reported yesterday. ...
Agence Kampuchea Press team
http://www.khmertimeskh.com/news/14009/chinese-tourists-overtake-s-koreans-at-angkor/
NOCC draws up plan for 2023 SEA games
The National Olympic Committee of Cambodia (NOCC) has drawn up a master plan for the 2023 SEA Games, kick-starting official preparations to ensure that the country is ready to host the region’s most important sporting event, NOCC Secretary-General Vath Chamroeun said Monday. ...
Simon Henderson and Aun Chhengpor
https://www.cambodiadaily.com/news/nocc-draws-up-plan-for-2023-sea-games-90599/
Cambodian casino operator NagaCorp reports net profit growth of 49%
As Macau casinos are showing continuous drop of revenue, Australian and Cambodian casinos don’t seem to have the same problem. The latest casino operator to reveal an impressive growth of net profit is NagaCorp Ltd. The Group reported an increase in profit of 49% ($101 ...
Alex Lanter
http://news.worldcasinodirectory.com/cambodian-nagacorp-casino-operator-reports-net-profit-growth-of-49-11757
Online crackdown continues
Prime Minister Hun Sen has vowed to clamp down on all online and arcade gambling operations in a move to safeguard national security and curb money laundering in the Kingdom. ...
Khuon Narim
https://www.khmertimeskh.com/50672721/continue-to-crack-down-on-online-and-arcade-gambling-pm
Thousands of Chinese leave Kingdom after ban on online gambling
The General Department of Immigration yesterday reported that tens of thousands of Chinese nationals left the Kingdom before the end of last year since the ban on online and arcade gambling was announced by Prime Minister Hun Sen in August. ...
Ben Sokhean
https://www.khmertimeskh.com/50685775/thousands-of-chinese-leave-kingdom-after-ban-on-online-gambling
Tourists from Thailand gambling on Cambodia’s Poipet lure
Just 3.5 hours away from Bangkok, Poipet is popular with tourists looking to exit and reenter Thailand’s border to gain more time in the kingdom, said Thaiger, a Thai based media outlet. ...
Khmer Times Staff
https://www.khmertimeskh.com/501226605/tourists-from-thailand-gambling-on-cambodias-poipet-lure/
Phase two of stadium for 2023 SEA Games commences
On Tuesday, two more buildings in the series of buildings in the Morodok Techo National Sports Complex commenced construction at a groundbreaking ceremony presided over by Prime Minister Hun Sen. ...
Moeun Nhean
http://www.phnompenhpost.com/post-property/phase-two-stadium-2023-sea-games-commences
EGA posts drop in Q3 gaming revenue
Entertainment Gaming Asia (EGA), a subsidiary of Macau-based gaming giant Melco, posted year-on-year losses at the end of the third quarter on the back of poor player numbers at the company’s NagaWorld operations. ...
Eddie Morton
http://phnompenhpost.com/business/ega-posts-drop-q3-gaming-revenue
Viet Nam reiterates support for Cambodia’s ASEAN Chairmanship and hosting of SEA Games 2023
Viet Nam is ready to help Cambodia successfully organize the 40th and 41st ASEAN Summit and related meetings in November as well as the 32nd SEA Games in 2023. ...
Khmer Times Staff
https://www.khmertimeskh.com/501147234/viet-nam-reiterates-support-for-cambodias-asean-chairmanship-and-hosting-of-sea-games-2023/
Junket investor’s profit falls but sticking to its Cambodia bets
Jimei International Entertainment Group, a Hong Kong-listed casino junket investor that promotes at least seven gaming tables in NagaWorld casino in Phnom Penh, reported a steep decline in profit during the first half of 2016 despite increased turnover. ...
Cam McGrath
http://www.phnompenhpost.com/business/junket-investors-profit-falls-sticking-its-cambodia-bets
Donaco dumps its new junket operator
Donaco International Ltd has terminated its junket deal with Macau VIP gaming promoter Heng Sheng Group, saying the arrangement proved too restrictive for the marketing of its flagship Star Vegas Resort and Club in Poipet. ...
Cam McGrath
http://www.phnompenhpost.com/business/donaco-dumps-its-new-junket-operator
$30B casino, theme park project mooted
MQ Technology Bhd, a Malaysian investment holding company, is looking to form a joint venture with a newly formed entity, Cambodian Resorts and Entertainment Co Ltd, to build a $30 million casino and theme park in Prey Veng province near the Vietnamese border, according to ...
Kali Kotoski
http://www.phnompenhpost.com/business/30b-casino-theme-park-project-mooted
Lottery hopes to soar on Wing network
Mohaleap Lotto, a subsidiary of Cambodia’s Royal Group, officially entered the Kingdom’s lottery gaming market this month, hoping to disrupt a business sector currently dominated by black market outlets, a company executive said yesterday. ...
Hor Kimsay
http://www.phnompenhpost.com/business/lottery-hopes-soar-wing-network
Immigration Dept says 400,000 Chinese have left because of online gambling ban
The General Department of Immigration yesterday reported hundreds of thousands of Chinese nationals left the country after Prime Minister Hun Sen in August issued a directive banning all online and arcade gambling operations. ...
Ben Sokhean
https://www.khmertimeskh.com/50675447/gdi-attributes-mass-departure-to-online-gambling-ban
Poipet fire kills 26 and injures 57
The blaze that tore through a Poipet casino has killed 26 people and injured 57, with most of the victims Thai, Banteay Meanchey Provincial Governor Oum Reatrey said. ...
Chhorn Raksmey
https://kiripost.com/stories/poipet-fire-kills-26-and-injures-57
Cambodian Women’s basketball team makes winning move on first day at 4th Asian Para Games
The Cambodian women’s basketball team defeated the Lao team with a score of 65-35 in the opening round of the 4th Asian Para Games at the Hangzhou Olympic Sports Centre Gymnasium, Hangzhou, People’s Republic of China, on Oct. 19. ...
Khmer Times Staff
https://www.khmertimeskh.com/501379448/cambodian-womens-basketball-team-makes-winning-move-on-first-day-at-4th-asian-para-games/
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/
Big investments can succeed in Cambodia - Nagaworld
NagaWorld has just celebrated its 21st anniversary since its inception on May 1, 1995, and sited near the beautiful Mekong River in the capital city of Phnom Penh, NagaWorld is the biggest integrated entertainment resort in the Mekong region. ...
Khmer Time Team
http://www.khmertimeskh.com/news/25642/big--investments-can-succeed--in-cambodia---nagaworld/
Cambodia approves legislation to attract MSAR investors
The government of the Southeast Asian kingdom wants to increase the number of Chinese tourists, with Macau investors perceived as a major catch. ...
João Santos Filipe
http://macaubusinessdaily.com/Gaming/Cambodia-approves-legislation-to%C2%A0attract-MSAR-investors