February 26, 2010
Associated Press
PHNOM PENH, Cambodia
Cambodia opened a luxury, $100 million casino Friday hoping to attract more foreign tourists and promote its fast-growing entertainment industry, casino owners said.
The Titan King Casino, located along the Vietnam border, is one of a number that have sprung up along the country's frontiers with Vietnam and Thailand, attracting thousands of gamblers.
The Ministry of Finance says Cambodia earned $19 million from 29 casinos in 2008. But revenue fell to $17 million in 2009 because of a decline in tourist arrivals and a border dispute with Thailand.
The Titan King Casino is owned by Kith Thieng, a business tycoon close to Prime Minister Hun Sen.
In a message posted on the casino's Web site, Kith Thieng said the town of Bavet, where the casino is located, was fast becoming an entertainment center "much like Las Vegas and Macau." Bavet is 68 miles (110 kilometers) southeast of the capital Phnom Penh.
Hear Sopheaktra, assistant to the owner, said the casino would help attract more foreign tourists.
The Titan King Casino, located along the Vietnam border, is one of a number that have sprung up along the country's frontiers with Vietnam and Thailand, attracting thousands of gamblers.
The Ministry of Finance says Cambodia earned $19 million from 29 casinos in 2008. But revenue fell to $17 million in 2009 because of a decline in tourist arrivals and a border dispute with Thailand.
The Titan King Casino is owned by Kith Thieng, a business tycoon close to Prime Minister Hun Sen.
In a message posted on the casino's Web site, Kith Thieng said the town of Bavet, where the casino is located, was fast becoming an entertainment center "much like Las Vegas and Macau." Bavet is 68 miles (110 kilometers) southeast of the capital Phnom Penh.
Hear Sopheaktra, assistant to the owner, said the casino would help attract more foreign tourists.
11 comments:
Everything in our homeland belong to dictator Hun Xen!!!
1:38PM yes. that's including the nation. cambodians and cambodia owed by hun xen.
You are right. In Cambodia, everything important and lucrative belongs to Hun Sen under the names of his cronies: Kit Meng, Sok Kong, Sok An... Cambodia belongs to Hun Sen that why he can do everything he wants. This is his reward for liberating Cambodia from KR.
This is very disturbing that the leader of Cambodian involves of these gambling issue.
While in office he can't be shared or involved with this at all.
Where is the justice?
Hun Sen will face trial when he is done of his duty.
The minister should be clear what this amount means ?
Cambodian government received TAX of M$19 from that industry ?
That industry generates that amount ?
Hun Sen is imposing dictatorship to Cambodians,
Hun Sen is stealing Cambodians money,
What Cambodians want for their children ?
Casino's of Private Party!
Yeah, I'd like to say " the rich gets richer". If you are poor, you suck! If more rich tourists visit Cambodia, what would it do to the
innocent poor? Watch out,young boys and girls out there! These people will use you to be prostituted to these so called tourists. After all, these bastard tourists would want to be entertained in any ways they like. You know our government, do they care about underage prostitution? you get my point! Good.
Shame on Communist Vietnam. Why don't they open in their country? Why close there and let their rotten people got out to trash other country freely? Why?!!!
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