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4Sep/220

Cambodia Gambling Dens


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There is a captivating story to the Cambodia gambling dens that sit just across the dividing line from next door Thailand, in which gambling hall betting is illegal. Eight gambling halls are anchored in a relatively small space in the city of Poipet in Cambodia. This conclave of Cambodia casinos is in a perfect spot, a 3 to 4 hour travel from Bangkok and Macao, the 2 most popular betting locations in Asia. Cambodia gambling dens do a thriving business with Thai laborers and tourists from Malaysia, Japan, South Korea, and Singapore, with only very few Westerners. The phenomenal capital acquired from the gambling halls ranges from $7.5 million to over twelve and a half million dollars, and there are a number of controls requirements for casino ownership. Ownership is assumed to be mostly Thai; however, investment sources are cryptic. The borders are formally open from 9:00 a.m. to 1700, and even though visas are apparently necessary to pass, there are ways around this, as is true of many borders.

The original Cambodia gambling halls opened in Phnom Penh in 1994, but were forced to close in 1998, leaving only a single casino in the capital, the Naga Resort. The Naga, a stationary barge gambling hall, contains one hundred and fifty one armed bandits and sixty table games. The Naga gambling hall is open 24 hours with forty two tables of mini-baccarat, four tables of blackjack, ten of roulette, two of Caribbean Stud Poker, and a single table each of Pai-Gow and Tai-Sai.

The initial gambling den in Poipet, the Holiday Palace, premiered in 1999 and the Golden Crown soon followed. There are 150 slots and 5 tables at the Golden Crown and one hundred and four slots and 68 table games at the Holiday Palace. The newest Holiday Palace Casino and Resort features 300 one armed bandits and 70 gaming tables and the Princess Hotel and Casino, also in Poipet, has 166 slot machines and ninety six table games, including eighty seven punto banco (the most dominant game), Fan Tan, and Pai Gow. Also, there is the Casino Tropicana, with one hundred and thirty five one armed bandits and 66 of the common gaming tables, as well as 1 table of Casino Stud Poker. An additional of the eight gambling dens in Poipet, again in a hotel, is the Princess Casino with one hundred and sixty six slot machines and ninety seven games. The Star Vegas Casino is part of a comprehensive resort and hotel building that contains many conveniences on top of the gambling den, which provides 10,000 sq.ft. of one hundred and thirty one armed bandits and 88 table games.

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