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Cambodian government awards 10 new gambling licenses
Saturday October 3,2015 : NEW CAMBODIAN LAND CASINO OPERATORS EYE ONLINE GAMBLING OPPORTUNITIES
Cambodian government awards 10 new licenses, mostly in the south west.
The Cambodian government has issued 10 new land casino licenses but says that the new operators are mainly interested in online opportunities that are possible through the licenses; in Cambodia, land licensees can add online gambling to their offering.
Ros Phearun, deputy director general of the financial industry department at the Ministry of Economy and Finance, told local media that most of the new casinos are located in the southwest province of Sihanoukville, where there is a very active online gambling population. And he revealed that most of the new operations are owned by Chinese nationals.
The new licenses bring the number of brick and mortar casinos in the Asian country to 75, although Cambodia allows only foreigners to gamble in these establishments.
The Ministry of Economy and Finance says that government collected tax revenue of more than US$25 million from the casino industry in 2014 and about US$22 million in the first half of 2015.
The National Bank of Cambodia said the brick and mortar casino industry generates approximately US$2 billion in revenue annually.
Betradar Launches US Sports Betting Solutions -
With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.
Final 12 For MPNPT Morocco -
Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).
MPNPT Morocco Updates -
Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.
MPN Poker Tour Morocco Day 1A -
The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.
2018 MPN Poker Classic -
The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.
PDC and Sportradar Renew Deal -
Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data
Poker Yaar Joins MPN -
Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.
New MPN Poker Rooms Tower Torneos -
Impressed with Microgaming, having already integrated with the Quickfire platform to gain access to some of the industry’s best gaming content, Tower Torneos has extended the relationship with poker.<
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