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Cambodian Government Cancels Gambling Licenses
The Cambodian gambling industry has been thrown into uncertainty by the arbitrary cancellation last week of gambling licenses as the minister of Finance, Keat Chhon, complies with an overall requirement from the country's prime minister Hun Sen to curtail the pastime for social and moral reasons.
Operators protested the cancellations, saying that the licenses - some of which were scheduled to run through to 2011 - were a contractual agreement with the government that could not be torn up without valid reasons.
The cancellations follow an action against operator Cambo Six, which was shut down for ambiguous "moral reasons." Cambo Six has been advised to correspond with the prime minister's office in order to review the situation for the firm, which is said to have made a substantial investment in its facilities.
Another company, the Internet-based Sporting Live Group has closed its virtual doors after two years of operations in compliance with the government's assault on online gambling.
A company spokesman said that the closure meant unemployment for the more than 200 Cambodians who worked for the operator.
Sok Sambath, the governor of the Daun Penh district confirmed that his officials were complying with the prime minister's directive in closing down formerly licensed gambling operations, including Cambo Six, Sporting Live Group and others. The governor of Preah Sihanouk province, Sboang Sarath, took similar actions in his region.
The closures have had an immediate impact in slowing payouts to players despite the finance minister's insistence that all player obligations must be honoured.
Gambling News :
NBA : Warriors Win the West; NBA Finals Next -
The Golden State Warriors will play in their third-straight NBA Finals. They completed their sweep of the San Antonio Spurs Monday night, rolling to a 129-115 victory as 12-point road favourites; Golden State opened the season as a –250 chalk to win the Western Conference.
PartyPoker Rakebak -
Partypoker brings back rake back for players. All new ‘partypoker weekly Cashback’ launches.
NHL Odds: Lone Canadian Team Plays on Friday -
“Stingy” is a word that many have used to describe the Ottawa Senators in Round Three. The Sens know that they’re overmatched against a Pens lineup that features the likes of Sidney Crosby, Evengi Malkin and Phil Kessel, but with determined defensive play, Ottawa managed to frustrate the Penguins on their home ice, stealing one of two games.
NBA Odds: Will Cavaliers Be Rusty in Game 1? -
The Boston Celtics needed seven games to get past the Washington Wizards, but they got the job done Monday night, winning 115-105 as 5.5-point home favourites. Next up: the defending champion Cleveland Cavaliers, who visit the Garden Wednesday night at 8:30 PM ET on TNT.
4 New Microgaming Releases in May 2017 -
Candy Dreams is a 720 ways to win, variable reel game. Players spin on a colorful reel area filled with candy treats, as they play towards enticing bonus triggers.
PKR Company Statement Update -
Microgaming can confirm that David R Taylor and Matthew R M Wild of RSM Restructuring Advisory LLP were appointed Joint Administrators of PKR Ltd and PKR Technologies Limited on 11 May 2017 by the High Court, Chancery Division.
Microgaming Wins The Spark Award 2017 -
The Spark Award celebrates organisations that experiment with ways of working differently. Previous winners include GCHQ and Places for People. It’s a part of Spark the Change, a global movement dedicated to empowering people and building happier workplaces.
NHL Predators First Ever Conference Finals Appearance -
With three of the team’s top four point scorers residing on the blueline, the Nashville Predators have found a strategy that frustrates even the best in the West. After qualifying as the lowest-seeded Western Conference team, the Predators made quick work of the Chicago Blackhawks (4-0) and St. Louis Blues (4-1) in the first two rounds.
NBA Odds: Wizards-Celtics at the Garden -
The Washington Wizards are making this a series. They’ve won back-to-back games against the Boston Celtics to knot this second-round matchup at 2-2 with Game 5 at the Garden on Wednesday. TNT has the coverage starting at 8 PM ET.
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