Traffic passes in front of NagaWorld hotel and casino complex in Phnom Penh. - PPP
PHNOM PENH (The Phnom Penh Post/ANN): Tax revenue from Cambodia’s casino industry cratered in 2020 as Covid-19 prompted the government to tighten entry restrictions, limiting the number of international visitors to the Kingdom, according to a Ministry of Economy and Finance senior official on March 21.
The ministry’s deputy director for financial industry Ros Phearun told The Post that tax collected from the industry more than halved to US$40 million in 2020, from the $85 million logged a year earlier.
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