Cambodia revising gambling laws to attract investment

24 June 2014
GGRAsia
Civil and commercial litigation / Economic policy and administration / Government / Industries / Law and judiciary / Laws and regulations / Ministries and other national bodies / Ministry of Economy and Finance / Ministry of Tourism / Tourism
Chinese aid / Jack Lam Yin Lok / Jimei Group / Ministry of Economy and Finance / Ministry of Tourism / NagaCorp Ltd. / NagaWorld / Ros Phirun / Singapore / The Philippines

The Cambodian government is in the process of amending its gaming laws in a bid to draw major casino operators, industry sources have confirmed to GGRAsia. Earlier on Tuesday, the Phnom Penh Post reported that the new draft of the national casino law could be finalised as early as this year. It said regulators are also considering legalising online gambling in the country. ... The newspaper quoted Ros Phirun, spokesman for the Ministry of Economy and Finance’s gaming and casino department, as saying the new draft of the casino law will be stricter and more transparent. ... The same source told GGRAsia that fair and thorough enforcement of any new casino law that might be enacted by Cambodia would be key to such a statute’s success. “Having rules with ad hoc enforcement leaves avenues for individual discretion,” said the person, who has knowledge of the bill being drafted. ...

 GGRAsia News Staff
http://www.ggrasia.com/cambodia-revising-gambling-laws-to-attract-investment/