When Chen Lip Keong won Cambodia's first casino license in 1994, he had hardly ever stepped inside a casino. The addition makes Cambodia and NagaWorld first-rank contenders in Asia's $51 billion casino market. But following UN-supervised elections in 1993, the new government tendered a casino license. Naga's casino license is good for 70 years and includes a 40-year monopoly in Phnom Penh and everywhere else within 200 kilometers. "NagaCorp's legal casino license shall be protected by law as soon as the casino law is promulgated," he says.

Source: Forbes March 07, 2018 21:45 UTC