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Tag: cambodia , online gambling ban, taxes , Prime Minister Hun Sen

The Cambodian administration of Prime Minister Hun Sen has reportedly detailed that tax revenues will likely fall next year as a result of the nation’s decision to cease issuing or renewing online gambling licenses. Cambodia collected approximately $50 million from the licensing of gambling websites last year but that this cash is now in jeopardy as a result of Hun’s August decision to terminate such activities so as to safeguard the economy of his country from a recent rise in online and telephone fraud schemes aimed at ethnic Chinese consumers.

Cambodia will ban online gambling

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