Posted at Aug 19 2019 03:06 PM PHNOM PENH - Cambodia said on Sunday it was banning online gambling, which helped propel a wave of Chinese investment in casinos in the country, saying that the industry had been used by foreign criminals to extort money. Up to 300,000 Chinese workers were in Cambodia, a large percentage of them in Sihanoukville, before the online gaming ban announcement set off an exodus. Cambodia Online Gambling Ban Leads to Great Chinese Exodus 11 months ago Gambling Expert . The online gaming industry was booming in Cambodia. However, it came to a sudden stop two weeks ago. That was when Prime Minister Hun Sen issued the Cambodia online gambling ban. The government stopped issuing online gambling licenses. He said that the industry was a threat to public order and security Following Hun Sen's announcement, tens of thousands of Chinese have left Cambodia, mostly from Sihanoukville, a popular destination for online gambling for Chinese tourists. By April this year, 86 casinos were operational in Sihanoukville, and unofficial records suggested roughly 70,000 Chinese visitors had flocked to this coastal city. Around 120,000 Chinese nationals have departed Cambodia since news about the soon-to-be-implemented ban on online gambling first emerged last month, local news outlets report. The Southeast Asian country’s online gambling sector has grown exponentially in recent years, nurtured by growing demand for digital gaming and betting products in the region. How Cambodia’s online gambling ban sparked the Great Chinese Exodus of 2019 – and why Beijing is fine with it. Phnom Penh’s online gambling crackdown has snared hundreds accused of scamming mainland Chinese, while offering Cambodia a chance to rid itself of an industry that has negatively affected some of its growing cities. August 19, 2019, 8:28 am · Cambodia is moving to ban online gambling, an industry that attracted a wave of Chinese investment in land-based casinos around the country, citing public safety and threat to social order concerns as the reasons for its decision. Huge decline in numbers It has been reported that thousands of Chinese nationals are leaving Cambodia after the government banned online gambling. Since the ban was introduced, 140,000 Chinese nationals have left, with only 130,000 arriving. The new directive was initially passed by Prime Minister Hun Sen on August 18. PHNOM PENH (Reuters) - Cambodia said on Sunday it is banning online gambling, which helped propel a wave of Chinese investment in casinos in the country, saying that the industry had been used by... How Cambodia’s online gambling ban sparked the Great Chinese Exodus of 2019 – and why Beijing is fine with it . Phnom Pehn’s online gambling crackdown has snared hundreds accused of scamming
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