Entertainment Gaming Asia Inc. has paid at least $500,000 to the wife of a Cambodian provincial governor who controls the Pailin site of the company’s first casino, according to Cambodia Daily. The company, which is subject to the US Foreign Corrupt Practices Act by virtue of its listing on Nasdaq, agreed in 2011 to pay Ban Sreymom, wife of Y Chhean, the governor of Pailin and a former bodyguard of Pol Pot, $180,000 up front, monthly rent of $5,000 and a 20 percent share of profits. Its quarterly report to the US Securities and Exchange Commission this month indicated it has already prepaid $500,000 in rent for the casino, which is not yet profitable. Chhean told the newspaper there was nothing improper about the arrangement as his wife is “an ordinary businesswoman”.
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Singapore police have busted at least two illegal gambling operations in the past week, while across Asia authorities have moved to stamp out illicit activities, from raids on premier league matches in India, to illegal number forecasting in Malaysia.
The Puducherry union territory government has urged the union government to ban online gaming platforms and mobile apps, describing it as a necessity to protect the mental health of vulnerable people.
The next edition of the AGB Webinar Series will look at the future of iGaming customer acquisition and retention, which has been going through a transition period over the last year.