14
September
Written by Lucian.
Posted in: Casino
There is a fascinating background to the Cambodia casinos that sit just across the dividing line from nearby Thailand, where casino gaming is not permitted. Eight gambling dens are situated in a relatively small area in the municipality of Poipet in Cambodia. This band of Cambodia gambling halls is in a prime spot, a three to four hour trip from Bangkok and Macao, the 2 most popular gaming locations in Asia. Cambodia gambling halls do a thriving business with Thai laborers and travelers from Malaysia, Japan, South Korea, and Singapore, with only very few Westerners. The phenomenal income acquired from the casinos ranges from $7.5 million to more than 12.5 million dollars, and there are a couple of restrictions requirements for casino ownership. Ownership is presumed to be largely Thai; still, financing sources are vague. The borders are officially open from 0900 to 5:00 p.m., and although visas are supposedly needed to pass, there are means around this, as is correct of most border crossings.
The first Cambodia gambling dens opened in Phnom Penh in 1994, but were forced to close in the late nineties, leaving just a single gambling hall in the capital, the Naga Resort. The Naga, an anchored barge casino, contains 150 slot machine games and 60 gaming tables. The Naga gambling den is open all hours with forty two tables of mini-baccarat chemin de fer, 4 tables of chemin de fer, 10 of roulette, two of Caribbean Stud Poker, and 1 each of Pai-Gow and Tai-Sai.
The 1st gambling hall in Poipet, the Holiday Palace, premiered in 1999 and the Golden Crown quickly opened. A total of 150 one armed bandits and five table games at the Golden Crown and one hundred and four one armed bandits and sixty eight tables at the Holiday Palace. The latest Holiday Palace Casino and Resort contains 300 slots and 70 tables and the Princess Hotel and Casino, also in Poipet, has one hundred and sixty six slot machine games and ninety six table games, including eighty seven baccarat banque (the most dominant game), Fan Tan, and Pai Gow. Additionally, there is the Casino Tropicana, with one hundred and thirty five slots and sixty six of the normal tables, as well as 1 table of Casino Stud Poker. An additional of the eight gambling dens in Poipet, again in a motel, is the Princess Casino with one hundred and sixty six slot machine games and 97 table games. The Star Vegas Casino is is located in an all-inclusive vacation and hotel compound that contains a number of comforts aside from the gambling hall, which contains ten thousand sq.ft. of 130 slot machines and 88 table games.
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