Cambodia has been appearing more and more on the casino map since
several months, and that’s to be expected. Boosting a liberal economy
where investors and ideas are welcome, it was only a matter of time
before casino operators started to flock to the Kingdom of Wonder.
Moreover, gambling has been a long tradition in Cambodia, from card
rooms to lotteries and sportsbook such as boxing matches, meaning the
market is already ripe and created for residents and non-residents
alike. But what is the current situation?
The Numbers
• 79 casino licenses issued in 2017
• Less than 10% in the mainland (Phnom Penh, Sihanoukville), more than
90% at the borders (Poipet, Pailin, O Smach, Koh Kong, Kep, Bavet, Prey
Vor)
• USD 8 Billion in income for the casino operators in 2015, but only 100 Million in taxes collected by the government
The PossibilitiesThat is where things get interesting. Cambodia gaming licenses cover
both offline and online activities, meaning that people getting the
authorization to open a casino in Cambodia can operate as many websites
as they want, as long as they are declared and respecting some
guidelines. And not only online casinos are fair game, but this online
gaming license can be extended to other people wishing to use the casino
license for their own platforms. As an example, the Lucky Ruby Casino & Resort
is giving access to their online license under their iGaming software
provider company named Asia Live Tech. Operators using this license will
then work under their umbrella, using their facilities and experience.
It opens Cambodia to the whole world, allowing everyone to get started
in iGaming, even those who are facing legal issues in their country.
The Location
Cambodia is at an Asian crossroad. Located between economic
juggernauts such as China and India, and neighboring thriving economies
such as Vietnam and Thailand, with Japan, Korea, and Australia being
only a few hours away, Cambodia is rising as the country to be in the
region for all avid gamblers and high rollers. Should they be bored with
Macau and looking for a good time in a different, wilder environment
where everything is possible and money is welcome, Cambodia is waiting
for them, offline and online.
Time will tell if the future is looking even better than the present,
but it is headed that way. The current government shows no sign of
slowing down on licenses authorizations, or on cracking down on gaming
businesses. Casinos are bringing needed and welcome investments to a
Kingdom who faced a civil war barely 20 years ago, boosting tourism and
entertainment. The more, the merrier.
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