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Cambodia's tax revenue from casinos, game of chance operators up 85 pct in 2024

0 Comment(s)Print E-mail Xinhua, January 8, 2025
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PHNOM PENH, Jan. 8 (Xinhua) -- Cambodia earned tax revenue of 63.1 million U.S. dollars from casinos and game of chance operators in 2024, a year-on-year increase of 85 percent, according to data from the Commercial Gambling Management Commission of Cambodia (CGMC) released on Wednesday.

"Based on the figures, we can assess that the overall tax revenue from the commercial gambling sector was quite good last year," the CGMC said.

According to the CGMC, the Southeast Asian country has granted operating licenses to 195 casinos, but 15 of the licenses have expired, one revoked and one suspended.

For the games of chance, the CGMC has provided licenses to 21 operators, but one of them had been canceled and three others suspended.

Cambodia grants licenses to casinos in order to attract foreign tourists. All the casinos have been established along border areas and in the coastal province of Preah Sihanouk, except one in the capital Phnom Penh.

Under the kingdom's law, only foreigners are allowed to gamble in the casinos. Enditem

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