Cambodian lawmakers are very hopeful that a casino bill will be passed by the end of 2015. The bill is going to regulate the management of casinos according to local paper the Phnom Penh Post. The report indicates that the government may issue new licenses that are going to be linked to the new regulations.
Those who are looking to make the law pass and the Ministry of Economy and Finance believe a more regulated casino industry is going to serve Cambodia well. The government tax revenue from casinos was $25 million last year, up 12% from the previous year. The current revenue numbers came from 59 licensed casinos – mostly small venues spread along the country’s borders. It was announced in late March that three additional licenses would be granted soon along Cambodia’s border with Vietnam.