One gone: CamboSix outlet in Phnom Penh
Who's next: Naga casino?Sole football-gambling agency of Cambodia closes operation countrywide
February 26, 2009
Source: Xinhua
Cambosix, the sole football-gambling agency of Cambodia, had closed all its outlets on Wednesday in accordance with an order issued by Prime Minister Hun Sen on Tuesday, national media said on Thursday.
"The police are forcing us to close," Nancy Chau, manager of the Cambosix's head office in Phnom Penh, was quoted by English-language newspaper the Phnom Penh Post as saying.
Minister of Economy and Finance said that the government would sign a license termination agreement with the company, which would stipulate that it would not receive any compensation.
The betting chain had 20 outlets across the country and its current operation license was due to expire in 2011.
On Tuesday, the premier gave the order to close Cambosix during a student graduation ceremony of a university in Phnom Penh, citing that the government didn't get much tax incomes from Cambosix, but instead its operation caused the country social disorder, domestic violence, family divorce and robbery.
Cambosix, the only legitimate bookmaker in Cambodia, won the license from the government for the first time in 2001 and managed to renew it in Feb. 2007.
"The police are forcing us to close," Nancy Chau, manager of the Cambosix's head office in Phnom Penh, was quoted by English-language newspaper the Phnom Penh Post as saying.
Minister of Economy and Finance said that the government would sign a license termination agreement with the company, which would stipulate that it would not receive any compensation.
The betting chain had 20 outlets across the country and its current operation license was due to expire in 2011.
On Tuesday, the premier gave the order to close Cambosix during a student graduation ceremony of a university in Phnom Penh, citing that the government didn't get much tax incomes from Cambosix, but instead its operation caused the country social disorder, domestic violence, family divorce and robbery.
Cambosix, the only legitimate bookmaker in Cambodia, won the license from the government for the first time in 2001 and managed to renew it in Feb. 2007.
