A winning wager
Near the river in Phnom Penh and next to Diamond Island, there’s a huge, bunker-like building that is almost always a beehive of activity. Inside, there are people enjoying an evening concert or strolling around studying the decor, including large stone faces of the Buddha. Others, however, are occupied with more mundane matters-placing ...
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
(English) After charges laid, turkish stabbing suspect attempts to flee
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Ben Sokhean
https://www.cambodiadaily.com/news/after-charges-laid-turkish-stabbing-suspect-attempts-to-flee-78879/
(English) Hun Sen to meet Thai PM, Australian FM in Italy
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The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/hun-sen-to-meet-thai-pm-australian-fm-in-italy-7493
Cambodian casinos may be at risk
As Vietnam takes steps towards legalising gambling for its own citizens, analysts warn of a threat to the bottom line at Cambodia’s premiere casino, NagaWorld, whose patronage depends largely on gamblers from neighbouring countries. Local Vietnamese news agency Thanh Nien reported on Tuesday that the Vietnamese ...
Daniel de Carteret and May Kunmakara
http://www.phnompenhpost.com/business/cambodian-casinos-may-be-risk
Tax revenues from casinos climb 25 per cent in 2011
The Kingdom’s 27 casinos are set to generate about US$20 million in tax revenue for the government in 2011, a 25 per cent year-on-year increase, according to the Ministry of Economy and Finance. At least one government official, however, said the lack of a regulatory regime ...
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 ...
Strikes could resume, says union official
A sacked union official at the Tropicana Casino and Resort in Beanteay Meanchey province’s Poipet town said yesterday hundreds of workers would strike again if he and a colleague were not reinstated after negotiations on Sunday. ...
Cambodia Criticized for Asean Meeting Failure
The “one community, one destiny” motto Cambodia adopted when it took over the rotating chairmanship of Asean this year could not have sounded more hollow as it did Friday when the 10-member bloc failed to produce a joint closing statement for the first time in ...
Police Detain Protesting NagaWorld Staff
Nineteen NagaWorld casino employees were detained Tuesday afternoon as police attempted to break up a protest of more than 500 workers who had picketed in front of the casino for the past six days, demanding the company increase their salaries. The workers had been striking non-violently ...
http://www.cambodiadaily.com/news/police-detain-protesting-nagaworld-staff-31336/
In Cambodia, Cyber Casinos Fall Into a Legal Gray Area
In 2010, the Ha Tien Vegas Entertainment Resort, a casino investment on Kampot province’s border with Vietnam that included luxury karaoke rooms and suites, launched with high hopes of attracting Vietnamese gamblers. At the end of December, Ha Tien Vegas closed down. To the north, in ...
Mooted casino tax shot down by ruling party
Casinos are first and foremost for protecting Cambodia’s border, not for making money, government lawmakers insisted in parliament yesterday when drilled about their opposition to raising gambling taxes. Seizing on an off-the-cuff comment made by Prime Minister Hun Sen during a speech in August, Finance Minister ...
New report evaluates decade of Better Factories Cambodia
A new report – 10 Years of the Better Factories Cambodia Project: A critical evaluation – has been released by Clean Clothes Campaign and Community Legal Education Center. Started in 2001, the goal of the Better Factories program is to improve the working conditions in ...
http://www.fibre2fashion.com/news/apparel-news/newsdetails.aspx?news_id=115382
City on a hill sparks little talk
A casino complex on top of Kampot province’s Bokor Mountain will open in less than two weeks – but environmental groups are strangely quiet about the effects the development, the size of a small city, could have on Cambodia’s natural heritage. The complex, in the Preah ...
National Assembly Lawmakers Reject SRP Budget Suggestions
Lawmakers at the National Assembly yesterday debated the government’s plan for public spending next year, with the opposition challenging the government’s plans to rack up more foreign debt. Since the draft of the 2013 budget was released last month, the opposition has come forward with detailed ...
(English) NagaCorp commissions independent report on AML risk
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GGRAsia News Staff
http://www.ggrasia.com/nagacorp-commissions-independent-report-on-aml-risk/
Investment in Cambodia's construction up 85 pct in 7 months
Construction sector had attracted the investment of $1.38 billion in the first seven months of 2012, a 85 percent rise from $747 million at the same period last year, a report from the ministry of land management, urban planning and construction showed on Monday. During the ...
Slice of New Casino Lottery to Fund Red Cross
NagaCorp, the owner of Phnom Penh’s only licensed casino, launched the sale of tickets for a new national lottery on Friday with the inaugural draw to take place on July 12 and a top prize of $218,000. In a statement, NagaCorp said 30 percent of net ...
Former anti-drug czar’s appeal begins
Disgraced anti-drug czar Moek Dara’s appeal against his life sentence for convictions in 25 separate cases of bribery and masterminding a criminal enterprise began yesterday morning in Phnom Penh. Co-accused, former Ministry of Interior anti-drug police department chief Chea Leng also appeared at the Court of ...
(English) Gambling on change
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Eddie Morton
http://www.phnompenhpost.com/business/gambling-change