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The future of Casinos is now in Cambodia


geovalin

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Cambodia has been appearing more and more on the casino map since several months, and that’s to be expected. Boosting a liberal economy where investors and ideas are welcome, it was only a matter of time before casino operators started to flock to the Kingdom of Wonder. Moreover, gambling has been a long tradition in Cambodia, from card rooms to lotteries and sportsbook such as boxing matches, meaning the market is already ripe and created for residents and non-residents alike. But what is the current situation?

 

The Numbers
• 79 casino licenses issued in 2017
• Less than 10% in the mainland (Phnom Penh, Sinahoukville), more than 90% at the borders (Poipet, Pailin, O Smach, Koh Kong, Kep, Bavet, Prey Vor)
• USD 8 Billion in income for the casino operators in 2015, but only 100 Million in taxes collected by the government

 

read more https://calvinayre.com/2017/11/15/press-releases/future-casinos-now-cambodia/

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