Gambling on change
The Cambodian government is drafting a series of changes to the Kingdom’s gaming laws in a bid to draw major players from Macau and the US to the market and potentially create a new tax base from the growing, if currently illegal, online betting industry, officials say. Ros Phirun, spokesman for the Ministry of Economy and Finance’s gaming and casino department, said the government is in the process of drafting stricter, more transparent regulation and investigative requirements, with an eye towards eventually regulating the now-underground online gambling scene. … Online betting operators, which provide Cambodians an avenue to bet on everything from the World Cup to under-15s cricket, are not permitted in Cambodia. However, many casinos do operate these facilities with the tacit permission of local authorities. …
Eddie Morton
http://www.phnompenhpost.com/business/gambling-change
