Thursday, March 23, 2023

Tag: Chinese

Cambodia marks Chinese investment with licence boom

Cambodia, politics
The Cambodian government has reported 52 casino licenses were granted during 2018, a 53 percent increase from the 98 venues holding licenses at the beginning of the year. The Ministry of Economy and Finance stated the office expects to generate tax revenue for 2018 of $56m from existing casinos, with regulatory amendments first proposed in 2014 designed to increase the...

Chinese payment platforms deny involvement with Pyongyang casino

Chinese, payment, platform, Pyongyang, casino
Several Chinese online payment platforms have denied a media report linking them to a casino in North Korea’s capital Pyongyang. South Korean media outlet NK News reported that Casino Pyongyang at the Yanggakdo Hotel was offering guests online money transferring services via China’s Alipay and UnionPay platforms. The casino has reportedly recently begun offering free WiFi to its guests which allows...