Cambodia revokes 18 casino licences linked to Prince Group investigations
Enforcement & compliance1 min read
Cambodian authorities revoked 18 casino licences linked to Prince Group as part of ongoing investigations into alleged criminal networks, a government briefing said. Senior Minister Chhay Sinarith said authorities had frozen more than US$300 million in bank accounts, alongside other assets worth hundreds of millions of dollars. By 31 October 2026, action had been taken at 972 suspected locations and 5,032 suspects had been charged and placed in pre-trial detention, the briefing summary said.
Cambodian authorities have revoked the licences of 18 casinos linked to Prince Group, which is alleged to be a scam network. The revocations form part of investigations into criminal networks involving cooperation with foreign agencies, including the FBI and Interpol, a government briefing said.
The affected casinos represent more than half of the 28 casino licences revoked over the past year in investigations into scam hubs in Cambodia. The alleged mastermind of Prince Group was arrested and extradited to China earlier this year.
Authorities have frozen over US$300 million in bank accounts, along with other assets worth hundreds of millions of dollars, Senior Minister Chhay Sinarith said at a briefing. Investigators are examining financial arrangements, hidden assets, cryptocurrency use and casinos conducting illegal online gambling under false pretences. Digital material extracted from devices is also being used to build criminal cases against people involved in scam operations.
A declaration aimed at dismantling criminal networks connected to online scams was signed by 28 nations and seven international organisations at a conference hosted by Cambodia in September. The Phnom Penh Declaration outlines 11 commitments.