Inside Asian Gaming

INSIDE ASIAN GAMING OCTOBER 2018 44 CAMBODIA RISING Major casino operators have long perceived Cambodia as a tertiary gaming market – a collective mix of border casinos that catered to residents of adjacent countries seeking a convenient place to gamble. The absence of robust gaming regulations further discouraged larger operators from considering acquisitions or developments in Global Market Advisors’ Andrew Klebanow provides a detailed rundown of the current state of the Cambodian gaming industry. the Kingdom. That perception is changing. Anticipated changes in the regulatory environment coupled with dramatic growth in casino markets throughout the country has caused casino developers to take a closer look at Cambodia. According to the Minister of Finance, there were an estimated 79 casinos operating in Cambodia as of the end of 2017 and 81 COLUMNISTS Andrew Klebanow is a Senior Partner at Global Market Advisors, a gaming and hospitality research and consulting firm. He can be reached at amk@ globalmarketadvisors.com By Andrew Klebanow Cambodia rising