The casino industry in Cambodia has been self-regulated consisting of NagaWorld and a couple of other regional resorts, including Donaco’s Star Vegas Resort and Club, while the remainder of the country’s over 190 casinos are no-frills properties for the hard-core gamer. Cambodia’s casino industry, once nothing more than a footnote in the global casino space, has grown significantly in the past year. There has been an increase of 53% in the number of licenses issued, leading to the country being viewed as the “New Land of Opportunity” by Casino Review Magazine (CR). Cambodia’s once-thriving casino industry is undergoing all sorts of changes, some of it spurred by the government’s recent decision to rein in its online gambling market. The largest gambling city in Cambodia is Sihanoukville with 16 gambling facilities, 46 tables games, 450 gaming, slot, and video poker machines. The largest casino in the entire country of Cambodia is Star Vegas International Resort & Casino which is located in Paôy Pêt. Cambodia currently licenses 65 casinos, the largest of which is NagaCorp’s Naga World. The country’s first ever licensee has grown from a floating casino on the Mekong river in the 1990s into ... Cambodia’s casino industry has been the source of major controversy in recent years amid a wave of Chinese investment and demand for casinos. The boom has brought rapid but short-lived opportunities for local workers and businesses, much of it centered around the beach town of Sihanoukville. “It is extremely easy to obtain a casino license in Cambodia,” says Ben Lee, the founder of IGamiX, a Macao-based consultancy firm focused on the gaming industry in Asia. Cambodia has a booming casino industry and online gambling is part of the unprecedented growth. As of 2014, the global market for online gambling is worth $35 billion, and Cambodia is willing to join the trend. Rightsizing Cambodia’s casino industry post-Covid 19. By. Adam Steinberg - September 25, 2020. Share on Facebook. Tweet on Twitter. tweet; Through government action and a cultural norm of wearing face masks when ill, Cambodia has seen few get sick during the Covid-19 pandemic. 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.
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