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Cambodia gambling taxes exceed expectations

CAMBODIA – As reported by the China People's Daily: "The Cambodian Ministry of Finance and Economy in 2006 collected about 17 million U.S. dollars in tax revenues from the gambling industry, including casino, lottery and electronic gaming, the Cambodia Daily reported in Phnom Penh on Tuesday.

"Casino tax revenues alone amounted to 13 million U.S. dollars, which exceeded the target casino revenues of 12.5 million U.S. dollars laid out in the 2006 national budget, Bankosal Ming, deputy director of the ministry's finance industry department, was quoted as saying…"

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