Search Results for: "cambodia"

United States government issues Cambodia casino investment warning

November 12, 2021

Latest Casino and Gambling News, Cambodia, Gaming Industry News, Money Laundering, Economy/Finance, Crime, Financial Fraud

The government of the United States has reportedly warned domestic companies and individuals that they should refrain from investing in certain sections of the Cambodian economy including its burgeoning casino ...

NagaCorp Limited institutes Cambodian cost-cutting program

Adam Morgan

June 7, 2021

Latest Casino and Gambling News, Cambodia, Casino News, Casino closures, Gaming Industry News, Economy/Finance, Employment & Careers

Asian casino operator NagaCorp Limited has reportedly announced the implementation of a series of ‘proactive measures’ concerning its NagaWorld facility in Cambodia that are to involve extensive job lay-offs an...

Cambodia maintains coronavirus-related closure of Sihanoukville casinos

Adam Morgan

June 7, 2021

Latest Casino and Gambling News, Cambodia, Casino News, Casino closures, Gaming Industry News, Economy/Finance

Cambodian officials are reportedly continuing to prohibit the southern seaside resort communities of Sihanoukville and Prey Nop from re-opening their casinos following the implementation in October of a complet...

NagaCorp Limited suffers development setback in Cambodia

Adam Morgan

March 24, 2021

Latest Casino and Gambling News, Casino proposals, Cambodia, Casino News, New Hotels, Gaming Industry News, Licenses, Mergers, Acquisitions & Partnerships

Asian casino operator NagaCorp Limited has reportedly been told that it will not be given permission to build a proposed $350 million non-gambling entertainment development adjacent to Cambodia’s world-renowned...

Relocating Cambodian casino publicizes anticipated opening aim

Adam Morgan

February 5, 2021

Latest Casino and Gambling News, Cambodia, Casino News, Casino openings, Gaming Industry News, Casino project updates, Economy/Finance, Mergers, Acquisitions & Partnerships

Century Entertainment International Holdings Limited has reportedly announced that it intends to launch high-end gaming table operations at a new casino in southwest Cambodia before the end of March. Accordi...

Long-awaited Cambodia casino legislation receives royal assent

Adam Morgan

November 20, 2020

Latest Casino and Gambling News, Gaming Law & Legislation, Cambodia, Casino News, Gaming Industry News, Economy/Finance, Licenses, Taxation

In Cambodia and legislation has reportedly been enacted to more clearly establish the basic licensing requirements and operating conditions for the nation’s often hodgepodge land-based casino market. Accordi...

Cambodian casino legislation passes important hurdle

Adam Morgan

October 6, 2020

Latest Casino and Gambling News, Gaming Law & Legislation, Cambodia, Casino News, Gaming Industry News, Economy/Finance, Licenses, Taxation

In Cambodia and draft legislation that would establish the basic capital requirements for any firm hoping to open a casino was reportedly yesterday overwhelmingly approved by the Asian country’s National Assemb...

Cambodian casinos slowly re-opening following coronavirus shutdown

Adam Morgan

September 29, 2020

Latest Casino and Gambling News, Cambodia, Casino News, Casino openings, Gaming Industry News, Economy/Finance

In Cambodia and at least ten casinos have now reportedly been given permission to partially re-open after being temporarily closed from the first day of April as a direct result of the coronavirus pandemic. ...

Cambodia’s NagaWorld gaming complex to open VIP table games and slots July 8

Sadonna Price

July 6, 2020

Latest Casino and Gambling News, Cambodia, Asian Casino News

NagaCorp Ltd has announced a deal was negotiated with the government of Cambodia to allow the firm to reopen some gaming services on July 8 at NagaWorld. The gaming complex will begin offering VIP table games a...

Cambodian authorities shutdown all casinos in the country due to coronavirus

Sadonna Price

March 30, 2020

Latest Casino and Gambling News, Cambodia

Authorities in Cambodia have ordered all casinos in the country to cease operations effective Wednesday evening. The closure is part of several measures enacted in the country to slow the spread of the coronavi...

Donaco International Limited settles Cambodian legal wrangle

Adam Morgan

March 4, 2020

Latest Casino and Gambling News, Cambodia, Casino News, Gaming Industry News, Mergers, Acquisitions & Partnerships, Fines, Lawsuits & Litigation

Asian casino operator Donaco International Limited has reportedly agreed a compromise to the long-running legal dispute involving the 50-year lease for the land occupied by its Star Vegas Resort and Club in Cam...

WPT announces Season XIX will begin with a stop in Cambodia

Sadonna Price

February 26, 2020

Latest Casino and Gambling News, Cambodia, Poker Tournaments, Poker

The World Poker Tour announced this week that the upcoming Season XIX will begin with the WPT Cambodia. The NagaWorld Integrated Resort of Phnom Penh will be hosting the tour stop. The Main Event will include a...

Donaco International Limited pauses Cambodian legal dispute

Adam Morgan

February 3, 2020

Latest Casino and Gambling News, Cambodia, Casino News, Gaming Industry News, Economy/Finance, Mergers, Acquisitions & Partnerships, Fines, Lawsuits & Litigation

Asian casino operator Donaco International Limited has reportedly temporarily suspended its legal wrangle with a trio of minority shareholders that have been attempting to terminate the 50-year lease for the la...

Cambodian casinos observing online gambling prohibition

Adam Morgan

January 9, 2020

Latest Casino and Gambling News, Gaming Law & Legislation, Cambodia, Casino News, Online gambling regulation, Gaming Industry News, Licenses, Online Gambling News

Authorities in Cambodia have reportedly announced that the Asian nation’s estate of land-based casinos has largely been abiding by new legislation that implemented a total ban on the provision of online gamblin...

Cambodian official warns online gambling ban will lead to reduced tax revenues

Adam Morgan

October 24, 2019

Latest Casino and Gambling News, Gaming Law & Legislation, Cambodia, Online gambling regulation, Economy/Finance, The Players Lounge, Online Gambling News, Crime, Licensing

In Cambodia and a senior official in the administration of Prime Minister Hun Sen has reportedly detailed that tax revenues will likely fall next year as a result of the nation’s decision to cease issuing or re...