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Ariston collected much of this from the Malaysian government. They acted as investors because they felt moving past the serious war scars of two decades prior was good not just for our country but for all of Southeast Asia.
In , our government granted Ariston a year exclusive license to operate a floating casino docked in our capital Phnom Penh.
They then established the subsidiary NagaCorp, and named the casino Naga Resorts. It was positioned just offshore in Phnom Penh and featured table games and 50 gambling machines.
This was the start of modern gambling in our country. However, in spite of the exclusive license given to Ariston, by casinos had sprung up all over Phnom Penh.
This led to a series of lawsuits by NagaCorp who felt their year contract had been violated. In , PM Hun Sen gave all other operators a 6-month notice.
When that period was up, any company other than Naga found operating with km of Phnom Penh would be prosecuted. NagaCorp was then given permission to open the luxury land based property they operate today called NagaWorld.
NagaWorld is the only legal place to gamble in Phnom Penh and attracts visitors from all over Asia. The current NagaWorld is located just 4km outside the city center next to the Ministry of Foreign Affairs and is 1km from the Royal Palace.
It has hotel rooms, 15 restaurants, a spa, a night club, betting machines and table games contained within its 14, square meters of land. There are plans in place to expand the property even further.
This is expected to open by early It will include an additional 1, rooms, and 50 VIP Suites. It will also include up to gaming tables, machines, and a retail tunnel with high end shopping connecting the two properties, plus a movie theatre and more.
Their dominance of the Cambodian market will not end anytime soon. They hold exclusive rights to offer gambling within km of Phnom Penh until They also hold a lease and license on NagaWorld and Naga2 until Both of these came as the result of negotiations held in As part of this deal, they have returned their interests in Naga Island Resort and Sihanoukville Airport to the government.
Originally it was planned for Sihanoukville to be the sole location for casinos in our country. Sinhanoukville tells a bit of this areas tragic start, but this is now well in the past.
Tourism to Sihanoukville is booming and it is one the top places to live for expats who play online poker in Cambodia. I consider gambling in this area to be a growing industry as the government relies on it heavily for tourism.
The properties I know of in Sihanoukville are as follows:. As well as the casinos mentioned above, we have many others positioned along our borders.
The most famous area is Poipet, which is about a 4-hour drive from Bangkok, Thailand and a few hours drive from Siem Reap, Cambodia. Back in when casinos were banned within km of the capital, this is where most people came.
Although the area is part of Cambodia, everything here has a huge Thai influence. In fact, all the casinos in Poipet use Thai Baht as their currency.
Poipet is also famous, or perhaps infamous is the better word for both sports betting and prostitution. With the latter it is sadly the case that human trafficking might be problem.
This can be read about on many human rights websites. Poi Pet practically has no laws and has been nicknamed the Wild West of South East Asia wild west refers to a period of early United States history when there were not many laws and is an international saying due to movies made during this period that are nicknamed Westerners.
The lawlessness is also alluded to in an article on Poipet football betting by a major UK newspaper. All of our other borders with Thailand have casinos either nearby, at the border post, or both.
These are covered in my article on Thailand casinos. This is also true of our borders with Vietnam with Bavet being the most popular location. You can read more about Vietnamese casinos in my article here.
Our politicians see these as something that cannot be avoided. You force me to talk about it. This should be a secret strategy to protect the nation.
Tourists gambling here is fine, but locals cannot. He has been very active in speaking against sports betting in Cambodia ; our previously legal bookmaking chain CamboSix was abolished in early I think it is safe to say casinos in Cambodia are stable and will keep growing even more so.
The only thing I can foresee changing industry some in the future is Thailand. It was his decision that Thailand is not the place for casinos, but those along the borders were okay.
During the remainder of his reign this will almost certainly remain the case. As tourists from Thailand are a major source of revenue for us, this could affect things should in the future they legalize gambling.
It would also create a situation where many Cambodians cross the border to gamble in Thailand the reverse of what we have now. This is a scenario that could lead to our country abandoning our rarely enforced no locals policy.
Until then, the safest option for us remains to bet online using international sites. It is a white label casino on the Jumpman Slots Network.
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