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Cambodia to stop issuing online gaming licenses: report

Newsdesk by Newsdesk
Mon 19 Aug 2019 at 13:46
Sihanoukville

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Cambodia will stop issuing online gaming licenses and won’t renew current licenses when they expire, according to a report by Chinese news agency Xinhua.

Xinhua cited a directive from Prime Minister Samdech Techo Hun Sen on Sunday in which he stated, “The Royal Government stops granting principles and licenses to operate online gambling businesses inside and outside Cambodia from the day of signature on this directive onwards.

“For valid licenses holders, they will be allowed to operate until the licenses are expired. After that, the Ministry of Economy and Finance will not renew their licenses anymore.”

The directive, which also covers arcade gambling, included an order for authorities at all levels to intensify their investigations into illegal online gambling operations in an effort to eliminate scams aimed at extorting money from both inside and outside of Cambodia, the Prime Minister added.

“Some foreigners have used this form of gambling to cheat victims inside and outside the country,” he said. “The Royal Government has decided to stop issuing licenses for such operations within and from outside the Kingdom with immediate effect.”

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The IAG Newsdesk team comprises some of the most experienced journalists in the Asian gaming industry. Offering a broad range of expertise, their decades of combined know-how spans multiple countries across a variety of topics.

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