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Hun Sen, Prime Minister of Cambodia, has ordered a complete shutdown of all online gambling activities in the country. The decision has sparked a massive exodus of Chinese workers.
The 67-year-old Prime Minister used an official government statement to declare that his nation must not rely on such iGaming licensing to bring in foreign tax revenues and should instead target developing an economy that is based on the provision of services associated with local tourism.
Cambodian law enforcement officials have now additionally been tasked with investigating and obstructing all forms of illegal online gambling, which is a move that immediately drew praise from authorities in China. Almost all forms of gambling are banned in China, but that has not stopped operators based outside the country to target local gamblers remotely, creating a thriving unregulated sector.
The announcement sparked a massive exodus of Chinese citizens working in Cambodia in igaming business. Local Interior Ministry estimates that around 6,000 Chinese nationals have been leaving Cambodia every day from cities like Sihanoukville, Bavet and Poipet.
Sihanoukville has recently sen major Police operations against illegal gambling. Local authorities have arrested more than 120 Chinese citizens over allegations of running an illegal online gambling and extortion ring.
Illegal activities were listed as one of the major reason for Prime Minister decision to ban igaming in the country.
“Some foreign criminals have taken refuge in the form of gambling to cheat and extort money from victims, domestic and abroad,” read the statement.
