Cambodia would no longer issue licenses to online gambling businesses, the existing licenses will not be renewed when they are expired.
“The Royal Government stops granting principles and licenses to operate online gambling businesses inside and outside Cambodia from the day of signature on this directive onwards, for valid license holders, they will be allowed to operate until the licenses are expired. After that, the Ministry of Economy and Finance will not renew their licenses anymore” stated a directive.
The decision was made after authorities found out that some foreign criminals have run underground online gambling businesses in Cambodia and used them as a front to operate telecom scams in order to extort money from victims inside and outside the country.
However, it isn’t clear if it would also affect so-called “proxy” or telebetting”.
That in some scenarios such gambling can be offered at a live gambling table in a licensed bricks and mortar casino (either via the Internet or voice phone service) to players not physically present in the casino.
Or the other form of “online gambling”, which involves studios that are not traditional casinos, but which stream live table games to players offshore.
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