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Number of casino licenses reach 150 in Cambodia

Number of casino licenses reach 150 in CambodiaReading Time: 1 minute

 

Cambodia casino industry has passed a milestone as the country has issued its 150th casino license.

According to the figures released by Cambodia’s Ministry of Economy and Finance, there are 150 active casino licenses at the end of 2018, up from just 98 at the end of 2017. The Preah Sihanouk province alone boasts of 88 active casino licenses.

The government has yet to provide specifics on how much revenue it reaped from the gaming industry in 2018. But Ros Phirun, deputy director of the General Department of Financial Industry, told the Phnom Penh Post that the ministry had previously forecast gaming tax and fee revenue of $56m. That would be more than twice the sum the government collected in 2014.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Number of casino licenses reach 150 in Cambodia

George Miller began his career in content marketing before joining the HIPTHER team in 2016 as an Editor and Content Manager. His ability to distill complex regulatory data into newsworthy B2B content led to his appointment as Head of Content in 2017.…

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