News

Monitors Question Casino Building New Election Body Office

Election monitoring groups are questioning the National Election Committee (NEC) recent decision to let a Phnom Penh casino fund its new multi-million dollar headquarters, a move they said would cast further doubt on the body’s independence. NagaCorp, the owner of Phnom Penh’s only licensed casino, NagaWorld, ...

NagaCorp to Construct New Election Committee Building

Phnom Penh’s only licensed casino, NagaWorld, has agreed to build a brand-new 15-story tower for the National Election Committee (NEC) as part of its plans to invest $369 million in expanding its current operations over the next three years, an official at the casino said ...

Gaming Company Posts Record Quarter of $5.2M

Entertainment Gaming Asia Inc. (EGA), which owns a number of casinos in Cambodia, as well as provides gaming machines to other local gambling venues, announced on Tuesday that quarterly revenues from April through June reached a record $5.2 million, up 14 percent compared to the ...

Casino building part of 'secret strategy' to protect Cambodia borders

Hun Sen, the prime minister of Cambodia, has said allowing the construction of a spate of casinos on the border was part of a “secret strategy” to protect the country’s territory from its neighbours. In a five hour speech addressing border demarcation issues with Vietnam, he ...

http://www.telegraph.co.uk/news/worldnews/asia/cambodia/9464863/Casino-building-part-of-secret-strategy-to-protect-Cambodia-borders.html

Two Years In, Kampot Casino Downsizes

The Ha Tien Vegas Entertainment Resort and casino in Kampot Province along the Vietnamese border announced yesterday that it has sacked 500 employees and shut down its 130-room resort less than two years after it became the first casino to open in the province. The company said ...

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 ...

http://www.etmcambodia.com/blog.php?article=474

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 ...

Casino to open in Ratanakkiri this August

A new US$3.5 million casino will open in Ratanakkiri province, according to a representative of Try Pheap Import Export Company. “We’ll have a similar kind of casino to what they have in Bavet,” Bee Chivoan Dara said. Try Pheap Mittapheap Casino Entertainment Resort is built on more ...

http://www.phnompenhpost.com/index.php/2012051756210/Business/casino-to-open-in-ratanakkiri-this-august.html

Gaming Company Announces Casino in Poipet

Entertainment Gaming Asia Inc. (EGA), announced Monday that it will break ground Thursday on a new $7.5 million Slot Hall casino in Poipet province along the Thai border, EGA said in a statement. The casino will open by the end of the year with 300 gaming ...

Bokor resort slated to bolster Kampot tourism

Kampot officials are looking to the Bokor Mountain Resort, a US$1 billion project that opens today, to drive tourism growth in the burgeoning seaside destination. The provincial Tourism Department said the number of domestic visitors to Kampot had risen 120 per cent to 338,000 in the ...

http://www.phnompenhpost.com/index.php/2012050355943/Business/bokor-resort-slated-to-bolster-kampot-tourism.html

Gaming firm to expand Poipet operations

American Stock Exchange-listed Entertainment Gaming Asia Inc has announced it will build and operate a slot hall as an addition to an existing casino in Poipet city on Cambodia’s border with Thailand, according to a company statement. ...

http://www.phnompenhpost.com/index.php/2012040455409/Business/gaming-firm-to-expand-poipet-operations.html

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 ...

http://www.phnompenhpost.com/index.php/2012031655065/National-news/city-on-a-hill-sparks-little-talk.html

Macau-Backed Casino Firm to Expand Operations in Cambodia

A Macau-backed firm plans to grow its involvement in Cambodia’s casino sector as it targets the local gambling market with gaming machines and two new casinos, the company said in a financial statement filed in the US. Entertainment Gaming Asia Inc, which currently provides gaming machines ...

Seized Wood Reported Stolen From R’kiri Park

Seized and then sold wood has apparently been stolen from the Try PHeap Import Export Company which bought the lumber. The wood amounts to approximately 42 cubic meters and is priced at over $37,000. Blame for the theft is being cast everywhere including on the ...

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