News
Cambodia's casino boom town, created by Chinese money
Chinese money has transformed the once-sleepy backpacker destination of Sihanoukville, Cambodia into a gambling resort hub with 30 casinos, and 70 more being built. It’s touted as the “New Macau”. But all that new wealth is eluding many local Cambodian businesses – which are being ...
How Chinese money is changing Sihanoukville – ‘No Cambodia left’
Inside a lavishly decorated casino, where chandeliers hang from the ceiling, cigarette smoke lingers in the air and platters of mango are served to gamblers, a game of baccarat is getting heated. Cards are slammed down, US$100 bills are brandished and Chinese tourists shout excitedly. Keep ...