The new regulation would create an 11-person committee to regulate the gaming industry.
Cambodia.- Cambodia’s new gaming law could become effective this year.
The government is reportedly working to accelerate the process to bring the new law into effect by the end of 2020 to allow gaming to be better regulated and pay more national taxes.
Sigma News has reported that a draft of the new gaming law was discussed between Cambodian Deputy Prime Minister, Aun Pornmoniroth, and the Supreme Advisory Council last week. The draft includes over 12 chapters and 98 articles to regulate the industry.
Once a final version is agreed upon, the project will be presented to the Cambodian cabinet and eventually to the legislative body.
If passed, the new gaming law would make the application process for casinos stricter, overseen by a new 11-member committee to regulate gaming.
Casinos in Cambodia have been closed since April due to Covid-19. Until last year, there were 169 casino licences in the country, 91 of which are located in Sihanoukville.