Cambodia renews 47 casino licenses in bid to boost sector

[geovalin]

Cambodia’s Ministry of Economy and Finance (MEF) says it has renewed 47 casino licenses and another seven games of chance licenses as it looks to help the gaming sector rebuild from the effects of the COVID-19 pandemic.

 

The update, provided by the Ministry’s General Secretariat of Commercial Gambling Management Commission of Cambodia (CGMC) on Friday, brings the total number of casino licenses renewed this year to 63 with 16 licenses having previously been renewed in early June.

 

According to a report by The Khmer Times, the licenses are primarily for casinos located in Sihanoukville and in border towns such as Poipet and Bavet. Many had been required to undertake renovation work on their properties to bring them up to standard due to a lack of basic maintenance work in recent years. MEF Secretary of State Mey Vann said the opening of more casinos was important for Cambodia’s tourism recovery.

 

 

read more https://www.asgam.com/index.php/2022/08/23/cambodia-renews-47-casino-licenses-in-bid-to-boost-sector/