In November 2020, the Law on Management of Commercial Gaming (“Gaming Law“) was promulgated as the primary legislation that would govern the commercial gaming industry in Cambodia. It covers all kinds of commercial games including casino games, luck-based games, betting games and other games pursued for monetary benefits or the equivalent thereof by players.
Following the promulgation of the Gaming Law, the Royal Government of Cambodia (RGC) issued two sub-decrees in August 2021 that: (i) established the Commercial Gambling Management Commission of Cambodia (CGMC) as the governmental body that would regulate the commercial gaming industry in the country and (ii) sets out the minimum capital requirements for new and existing casino operators.
There are some regulations subsequently issued to implement other aspects of the Gaming Law such as:
- Prakas No. 009 on the Management of Game Rules, Game Equipment, and/or Game Software for the Casino Operations;
- Guideline No. 011/22 on the Registration of Game Types, Game Rules, Game Equipment and/or Game Software of Casino Games and Luck-Based Games;
- Prakas No. 001 on Formalities, Procedures and Conditions for the Development of Integrated Resort; and
- Sub-Decree No. 102 on Penalties for Offenses Provided for Under the Law on the Management of Commercial Gaming.
In this Update, we highlight the key aspects of the above regulations.
For more information, click here to read the full Legal Update.