Cambodia revokes 18 casino licenses tied to Prince Group scam
Authorities also froze more than $300 million in accounts and assets.
Cambodia has revoked the casino licenses of 18 casinos linked to the alleged Prince Group scam network, authorities announced as part of an ongoing crackdown.
The revocations were one element of investigations into criminal networks, supported by cooperation with foreign agencies including the FBI and Interpol. Senior Minister Chhay Sinarith, who heads the Commission for Combating Technology-enabled Scams (CCTC), said more than US$300 million has been frozen in bank accounts, alongside other assets valued at hundreds of millions of dollars.
The 18 Prince Group-linked casinos make up more than half of 28 casino licenses revoked over the past year.
Authorities said they are investigating financial structures, concealed assets, cryptocurrency use, and casinos alleged to be operating illicit online gambling under false pretences. They are also using digital evidence taken from electronic devices to build cases against those involved in scam operations.
The CCTC said that up to 31 October 2026, action had been taken at 972 suspected locations nationwide, with 568 cases prepared for court. During the same period, 5,032 suspects were charged and placed in pretrial detention, and 23,760 foreign nationals were repatriated.
The CCTC said the crackdown is aimed at dismantling transnational syndicates at their roots, following the arrest and extradition of the alleged mastermind to China earlier this year.
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Source:
IAG – Inside Asian Gaming