AP
PHNOM PENH (Cambodia) - CAMBODIA opened a luxury, US$100 million casino on 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 US$19 million from 29 casinos in 2008. But revenue fell to US$17 million in 2009 because of a decline in tourist arrivals and a border dispute with Thailand.
The Titan King Casino is owned by Mr Kith Thieng, a business tycoon close to Prime Minister Hun Sen.
In a message posted on the casino's website, Mr Kith Thieng said the town of Bavet, where the casino is located, was fast becoming an entertainment centre, 'much like Las Vegas and Macau'. Bavet is 68 miles (110 kilometres) south-east of the capital Phnom Penh.
Mr 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 US$19 million from 29 casinos in 2008. But revenue fell to US$17 million in 2009 because of a decline in tourist arrivals and a border dispute with Thailand.
The Titan King Casino is owned by Mr Kith Thieng, a business tycoon close to Prime Minister Hun Sen.
In a message posted on the casino's website, Mr Kith Thieng said the town of Bavet, where the casino is located, was fast becoming an entertainment centre, 'much like Las Vegas and Macau'. Bavet is 68 miles (110 kilometres) south-east of the capital Phnom Penh.
Mr Hear Sopheaktra, assistant to the owner, said the casino would help attract more foreign tourists.
14 comments:
YEA.. YEA.. WHERE'S ALL THOSE MILLIONS $ REVENUE WHEN TO? NOT TO THE NATION FOR SURE. PATHETIC!
Yes,12:03! the one reported did go to the treasory! Only the part that not reported that go to my body guards!
Do you want to take it from them, do it yourself.
The message is not correct.
Owner is Kith Meng and Kith Thieng work as a General Manager.
Kith Thieng is the brother of Kith Meng.
The label (META-Tab) is correctly shown with the name Kith Meng.
Interesting to see:
Money come to money.
The profit of course go to the Elite, Vietnam and the Owner.
Keat Chhon is an idiot, he was the minister of finance of Pol Pot in 1975 and now he is wrong again.
He must really sick to say that less tourists come to casino because of border problem.
Tourists will come to Cambodia only when they feel safe, if you jail every man who defends his lands, they fell not safe.
គួរឲ្យអស្ចារ្យដែរ ប្រទេសសុំទានគេ
មានកាស៊ីណូលុច្ស រាស្ដ្រមួយចំនួន
កំពុងអត់ឃ្លាន ពួកនេះរស់លើទឹក
ភ្នែកខ្មែរ ។
Another excellent opportunity to launder money.
full of shit!
It is US$19 million from 29 casinos. All are Youn's benefits, not Khmers people. CPP fucker!
the profit sharing go to hunsen and sok an and its corrution associates Inc. but in other hand who's gonna pay for this ? the viet, becuz they'r addicted to gambling, just serving them alcohol drink, like in the past, the viet serving young girls to sihanouk.
This means more crimes and prostitution. In order to attract more tourists, they (Kith Meng, keat Chhon) will recruit young prostitute to keep the rich men entertained. Watch out, young girls and boys out there! Don't be fool! These bastards will destroy your bodies like hell.
Yes, Casino promotes not only the revenues but also more crimes and other social ills.
Kith Meng is one of those blood sucking croonies that make great financial contributions to Hun Sen and his corrupt government. He is one of the unscrupulous business men who abuse Cambodian resource and land to get rich. One of the biggest land-grabbers in Cambodia, he has evicted thousands of people from their home and land.
He was one of the refugee who migrated to Australia, after the Yuon invasion. Raised and educated in Australia and he returns to rape and steal from his own country and his own people. He is a disgrace to Khmer People!
4:05 AM I liked that, good point!
WHAT'S A STACK OF MONEY? CHA-CHING!
I remembered Saddam Hussein had $10,000,000,000.00 cash in the bunker. And another one $205,000,000.00 cash in Maryland garage. All of these are money laundering are ceased. SO! Who's next?
Casino's of Private Party!
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