New regulations set for casino minimum capital
Cambodia has set a minimum capital requirement for new and existing casinos. ...
Nov Sivutha
https://www.phnompenhpost.com/business/new-regulations-set-casino-minimum-capital
Firm Posts fall In Profits on Slot Machines
Entertainment Gaming Asia Inc. (EGA), a U.S.-listed Gaming firm operating primarily in Cambodia, posted a 93 percent decrease in profits for the first nine months of the year compared to the same period in 2011, according to the company’s financial statement released Tuesday. “The decrease ...
Naga 3 pushed back till Sept 2029
Hong Kong-listed casino operator and developer NagaCorp Ltd, known for its flagship NagaWorld integrated resort in Phnom Penh, on June 4 announced that it has moved the $3.5 billion Naga 3 project’s planned completion date from September 30, 2025 to exactly four years later, in ...
May Kunmakara
https://www.phnompenhpost.com/business/naga-3-pushed-back-till-sept-2029
Don’t bet on elections
The house always wins, except when there’s a disputed election scaring gamblers away from the tables. That’s the message from Entertainment Gaming Asia Inc, which operates casinos in Poipet town and Pailin province as well as supplying NagaWorld casino with slot machines. According to the company, Cambodia’s ...
Daniel de Carteret and Hor Kimsay
http://www.phnompenhpost.com/business/don%E2%80%99t-bet-elections
National Primary School Games 2023 attracts over 2,000 athletes
A total of 2,600 sports delegates, team leaders, and coaches from across Cambodia have been joining the National Primary School Games 2023. ...
Khmer Times Staff
https://www.khmertimeskh.com/501342960/national-primary-school-games-2023-attracts-over-2000-athletes
National Primary School Games 2023: Kampong Chhnang province ranked 1st with 17 medals
The National Primary School Games 2023 was successfully completed Sunday evening after ten days of competitions. ...
Khmer Times Staff
https://www.khmertimeskh.com/501346945/national-primary-school-games-2023-kampong-chhnang-province-ranked-1st-with-17-medals/
Cambodia is banking on series of major sporting activities to draw tourists
Cambodia is pushing sports tourism as part of its Visit Cambodia Year 2023 campaign as it gears up to host the Southeast Asian Games (SEA Games) for the first time in May. ...
Khmer Times Staff
https://www.khmertimeskh.com/501253326/cambodias-is-banking-on-series-of-major-sporting-activities-to-draw-tourists/
Kampong Cham residents say casinos pollute fishing grounds
Residents of Tropang Thlong village in Ponhea Krek district say casinos near the border with Vietnam are polluting fishing grounds. ...
Time to Get Tough on Casinos, Officials Warn
Interior security officials yesterday called on the casino operators to improve their security following a spate of casino-related crimes and said they would be creating tougher legislation for those who flouted the country’s gambling laws. More than 60 casino owners gathered at the National Police headquarters ...
Pokémon go warning in temple complex
The Apsara Authority has called on tourists playing Pokémon Go to be careful when playing in the Angkor Archaeological Park and to respect all signs in the temples. Due to concerns over potential accidents happening to those playing the game, the Apsara Authority issued a statement ...
Mom Kunthear
http://www.khmertimeskh.com/news/28765/pok--mon-go-warning-in-temple-complex/
Modest growth for NagaWorld
NagaWorld, a subsidiary of Hong Kong-listed NagaCorp, recorded a modest four percent increase in gross gaming revenue (GGR) last year, bringing the figure up to $500.8 million. ...
May Kunmakara
http://www.khmertimeskh.com/news/35315/modest-growth-for-nagaworld/
NagaWorld Profits Jump in First Half of 2012
Net profits at NagaCorp Ltd., owners of Phnom Penh’s only licensed casino, jumped 38 percent to reach $52.4 million in the first half of 2012 compared to the same period last year, the company said in its most recent financial report. The casino generated a total ...
Casinos flush with locals
At 7am, the border crossing from Vietnam to Svay Rieng’s Bavet town is already buzzing with the activity of foreign gamblers arriving for a day at the casinos along National Highway 1. But throughout the day, a steady trickle of Cambodian players make their way ...
Casino owner’s woes persist
The share price of Cambodian casino owner Entertainment Gaming Asia has fallen below the minimum requirement of the Nasdaq Stock Market, threatening the Gaming company’s US listing, according to a statement posted on EGA’s website last week. EGA has been given 180 days – until October ...
Eddie Morton
http://www.phnompenhpost.com/business/casino-owner%E2%80%99s-woes-persist
Prime minister inaugurates olympic pool in Kompong Cham
Prime Minister Hun Sen inaugurated Cambodia’s newest Olympic-size swimming pool in Kompong Cham province on Wednesday, a $1.5 million facility named after himself and marked as a venue for the 2023 South East Asian (SEA) Games. ...
Kuch Naren
https://www.cambodiadaily.com/news/prime-minister-inaugurates-olympic-pool-in-kompong-cham-101837/
PM: Transfer remaining Covid patients from Olympic stadium
Prime Minister Hun Sen has instructed the Ministry of Health to review the transfer of 26 Covid-19 patients at the National Olympic Stadium to other facilities in order to allow athletes to use the stadium to prepare for the 32nd Southeast Asian Games (SEA Games), ...
Mom Kunthear
https://www.phnompenhpost.com/national/pm-transfer-remaining-covid-patients-olympic-stadium
Ministry declares 29-day school break during SEA Games
Ministry of Education, Youth and Sport has declared a 29-day public and private school break from April 20 to May 18, while Cambodia hosts the 32nd SEA Games. ...
Torn Vibol
https://www.khmertimeskh.com/501261347/ministry-declares-29-day-school-break-during-sea-games/
Naga offers mobile massage to gamblers
NagaWorld Company, which is the sole licensed casino operator in Phnom Penh, has reportedly purchased 30 buses ...
Casinos pay $37.4M in tax during first 9 months
Tax revenue from Cambodia’s 69 licensed casinos reached $37.4 million for the first nine months of the year, growing 35.5 percent compared to the same period last year, according to a report from the Ministry of Economy and Finance. ...
Post Staff
http://www.phnompenhpost.com/business/casinos-pay-374m-tax-during-first-9-months
Tax revenue from casino sector drops
Tax revenue from Cambodia’s casino industry cratered in 2020 as Covid-19 prompted the government to tighten entry restrictions, limiting the number of international visitors to the Kingdom, according to a Ministry of Economy and Finance senior official on March 21. ...
May Kunmakara
https://www.phnompenhpost.com/business/tax-revenue-casino-sector-drops