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Cambodia will have tax exemptions to help casinos for COVID-19

Published date: 2020-04-14
The Collective Union of Movement of Workers (CUMW) was increasingly concerned about the wellbeing of some 20k casino employees who are currently out of work following the government-ordered “temporary closure” of all casinos effective April 1.

The Collective Union of Movement of Workers (CUMW) was increasingly concerned about the wellbeing of some 20k casino employees who are currently out of work following the government-ordered “temporary closure” of all casinos effective April 1.

 

Reason why the Prime Minister Hun Sen said the government would offer casino operators certain tax exemptions to help them deal with the disruption. Hun Sen also told casino owners to ensure they paid out March wages before laying off their staff.

While some casino staff have confirmed receiving their March wages,CUMW president Pav Sina expressed concern that staff will quickly find themselves in financial difficulty if the ‘temporary’ closure lasts longer than anticipated.

 

Except for NagaCorp, Cambodia’s casino sector has been in freefall ever since the government ordered a halt to all online gambling operations effective January 1. The downturn has been most pronounced in Sihanoukville, where dozens of casinos were forced to close their doors as the loss of their online operations left their businesses unviable.

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