Sunday, September 20, 2020

Tag: Cambodia

Cambodia braces for 80 percent fewer casinos

Cambodia casino online ban
Cambodia’s online gambling ban is bringing down huge swathes of the land-based sector with it. The contraction will have a profound long-term impact on..

Lack of gambling bill sees Cambodia casino frenzy continue

Cambodia Gambling Bill
Evidence of Cambodia’s new casino bill - that promises to reign in and regulate the explosion of land-based and online casinos cropping up across the country - is nowhere to be seen.

Donaco struggles to cement online presence as profits disappear

CAMBODIA, FINANCIALS, Donaco, operator
Donaco International has announced its recently established online gambling arm is producing “small amounts” of revenue, despite its land-based ventures lagging behind. Reporting on the four months from 30 June, chairman Stuart McGregor stated

Reported arrest of missing Landing chairman hits company shares

IGT WEBSITE LANDING
The chairman of Landing International development has reportedly been arrested by Cambodian authorities at Phnom Penh International Airport, according to Chinese media outlet Caixin. Yang Zhihui, who had been missing for three weeks…

Do it from here, just don’t do it from here

Ha Tien Vegas
Competition is hotting up in Asia’s online gaming market – not just between firms, but between different countries looking to attract them. While the Philippines is still the only jurisdiction in the region to offers licenses to remote gaming firms...

Lucky for some: Cambodia’s new gambling bill

Sihanoukville-cambodia
The Cambodian market is a game with two sets of rules: one for NagaWorld, and another for everybody else. Ben Lee, partner at Macau-based consultancy firm IGamiX, explains what provisions the country’s much-awaiting gaming bill is likely to make for these two classes of enterprise.   Cambodia’s casino market is a feral world, where private people still barter for licences and...

Grey matters

ICR - iGaming Lorien Pilling Grey Matters
Gaming in Asia’s largely unregulated markets can be volatile, but for Isle of Man-based gaming consultant, Lorien Pilling, the rewards of operating in this vast and voracious region can be more than compensatory. The Asian continent is still many shades of grey for international gaming providers, yet revenue from the region is fast becoming a vital component on many a...

Cambodia “learning” to enforce anti-online gaming laws

Betting Business - Cambodia “learning” to enforce anti-online gaming laws
The Cambodian government is planning to set up a server to manage and control online gaming which is on the rise in the Kingdom, with the ultimate aim of preventing locals from gambling. Ros Phearun, a deputy director-general of the Finance Ministry, said that while new gambling legislation is expected to be finalised next year, the state is still...

Mediatech Solutions and Global Gaming Network agree Cambodian partnership

Betting Business Mediatech Cambodia
Omni-channel gaming platform provider Mediatech Solutions has agreed a deal with Global Gaming Network to explore opportunities in the fast-emerging Cambodian market.   The agreement will see Mediatech lend its omni-channel expertise to a number of projects within Cambodia’s regulated gaming market. “We are delighted to have entered an agreement with Global Gaming Network to explore a number of projects in Cambodia,”...

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