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 ...

Pricey third-quarter plunge for Donaco International Limited

Adam Morgan

October 29, 2021

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

Asian casino operator Donaco International Limited has reportedly announced that it burned through $380,408 per month over the course of the third quarter as a direct result of the coronavirus pandemic. Acco...

NagaWorld officially re-opened with coronavirus precautions

Adam Morgan

October 4, 2021

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

Asian casino operator NagaCorp Limited has reportedly announced that its giant NagaWorld facility in Cambodia has been officially re-opened following an over six-month closure brought on by the coronavirus pand...

Uncertain future for Century Entertainment International Holdings Limited

Adam Morgan

June 30, 2021

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

Asian casino and entertainments firm Century Entertainment International Holdings Limited has reportedly revealed that its loss for the twelve months to the end of March grew by almost 13% year-on-year to top $...

Profit warning for Century Entertainment International Holdings Limited

Adam Morgan

June 21, 2021

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

Asian casino and entertainments firm Century Entertainment International Holdings Limited has reportedly announced that it is soon expecting to detail a net deficit for the twelve months to the end of last Marc...

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...

Poipet casinos must close temporarily due to COVID-19 outbreak

Sadonna Price

April 28, 2021

Latest Casino and Gambling News, Cambodia, Gaming Industry News

While it has been a year since the COVID-19 outbreak began, many areas of the world are still affected. Businesses are being forced to close on a temporary basis to ensure that major outbreaks do not happen and...

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...

Thailand gambling legalization hopes dashed by Donaco International Limited boss

Adam Morgan

March 8, 2021

Latest Casino and Gambling News, Gaming Law & Legislation, Cambodia, Casino News, Casino closures, Gaming Industry News, Unlicensed Operation, Crime, Vietnam

The boss for Asian casino operator Donaco International Limited has reportedly announced that he does not expect the government of Thailand to legalize gambling any time soon despite the recent emergence of rum...

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...

Sihanoukville casinos closed or staff suspected due to COVID-19 impact

Sadonna Price

October 8, 2020

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

As the online gaming ban in Cambodia takes effect and COVID-19 has been a continual issue, casinos in Sihanoukville are either closed or staff members suspended. According to the source, The Khmer Times has rep...

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...

NagaWorld recording positive post-coronavirus recovery

Adam Morgan

October 5, 2020

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

Asian casino operator NagaCorp Limited has reportedly announced that business at its NagaWorld facility in Cambodia is quickly recovering after being shut down for a 14-week period from April 1 due to the coron...