{"id":16130,"date":"2021-03-23T15:24:25","date_gmt":"2021-03-23T15:24:25","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=16130"},"modified":"2026-04-23T20:55:07","modified_gmt":"2026-04-23T23:55:07","slug":"cambodia-casino-tax-revenues-halved-in-2020","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/cambodia-casino-tax-revenues-halved-in-2020","title":{"rendered":"Cambodia: casino tax revenues halved in 2020"},"content":{"rendered":"\n

Since Cambodia’s casino industry is largely dependant on international travel, revenue from the sector plummeted due to the Covid-19 pandemic.<\/p>\n\n\n\n\n\n\n\n

Cambodia.- Casino tax revenues in Cambodia dropped by more than half in 2020<\/strong>, according to statistics released by government officials.<\/p>\n\n\n\n

The combined tax revenue<\/strong> produced by Cambodia’s 193 licensed casinos came to\u00a0US$40m (\u00a328.9m) in 2020, a 53 <\/strong>per cent decrease from the US$85m generated in 2019.<\/p>\n\n\n\n

The losses have been attributed to closures and travel bans<\/strong> due to the Covid-19 pandemic. Cambodian casinos are heavily dependant on international tourism. <\/p>\n\n\n\n

The deputy director of the Ministry of Economy and Finance, Ros Phearun<\/strong>, said: \u201cAs we\u2019re all too well aware, the Covid-19 epidemic began in late 2019 and persists to this day. It has pulverized all economic sectors, and the casino industry has sustained a crippling blow as well.<\/p>\n\n\n\n

\u201cPractically all of our casinos ceased operation in 2020, with only just seven or eight left scrambling to keep their businesses afloat. That\u2019s why our revenue collection has dropped so much.\u201d<\/p>\n\n\n\n

Casinos in Cambodia were closed from April to August<\/strong> last year, and sporadic closures continue to take place. <\/p>\n\n\n\n

Earlier this month, a local outbreak of Covid-19 led to a ban on\u00a0travel to Sihanoukville province<\/a><\/em><\/strong>, preventing people from entering or leaving the\u00a0holiday district and casino hub<\/strong>. Some casino employees were trapped inside their workplaces with police surrounding the area.<\/p>\n\n\n\n

Inbound travel to Cambodia remains restricted<\/strong>, and the land border with Thailand at Poipet is still closed. However, Star Vegas Resort<\/a><\/em><\/strong> on the border has remained open, and the property is trying to attract customers from other markets.<\/p>\n","protected":false},"excerpt":{"rendered":"

Since Cambodia’s casino industry is largely dependant on international travel, revenue from the sector plummeted due to the Covid-19 pandemic.<\/p>\n","protected":false},"author":2,"featured_media":16137,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Cambodia's casino tax revenue plummeted by 53% to US$40 million in 2020, down from US$85 million in 2019, primarily due to COVID-19-induced closures and international travel restrictions. The sector, heavily reliant on tourism, saw most of its 193 licensed casinos cease operations, with only a few struggling to remain active amidst ongoing regional travel bans.","focusai_entities":"Ministry of Economy and Finance, Ros Phearun, Star Vegas Resort","focusai_location":"Cambodia, Sihanoukville province, Poipet, Thailand","focusai_target_profile":"ceo_executive (0.9), regulator (0.95), compliance_legal (0.75), operator_casino (1.0), investor_analyst (0.95), supplier_vendor (0.8), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Future Revenue Projections?","query":"What are the Cambodian Ministry of Economy and Finance's revised GGR and NGR projections for the casino sector for 2021 and 2022, considering ongoing travel restrictions and vaccination rollout?"},{"label":"Operator Survival Strategies?","query":"Beyond Star Vegas Resort's efforts, what specific operational adjustments or market diversification strategies are the remaining active Cambodian casino operators implementing to mitigate the impact of reduced international tourism?"}],"footnotes":""},"categories":[163,158,16333],"tags":[23632],"class_list":["post-16130","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance-news","category-slider-home","category-south-east-asia-news","tag-integrated-resorts"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/16130","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=16130"}],"version-history":[{"count":5,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/16130\/revisions"}],"predecessor-version":[{"id":16149,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/16130\/revisions\/16149"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/16137"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=16130"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=16130"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=16130"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}