“More Casino Licenses Issued in 2019 In Cambodia.”
Cambodia’s Rising Gaming Industry
The number of casino licenses issued in Cambodia continues to soar, with the Ministry of Finance revealing another 13 licenses had been issued during the first four months of 2019.
The new licenses lift the nation-wide total to a new high of 163, with more than half of those – 91 to be precise – located in Preah Sihanouk province, also known as Sihanoukville.
Deputy Director-General at the Ministry of Finance’s financial industry department, Ros Phearun, told the Khmer Times this week that the growing number of casinos “reflects the increase in tourists, particularly Chinese.
“We have granted a lot of licenses, but there are actually only 51 casinos in operation,” he added. “The rest are now being built, while some have halted operations.”
Phearun, said the government was expecting to collect around US$70 million from the gaming industry in 2019, up from US$46 million last year. (Source: Inside Asia Gaming, 13 June 2019)