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Cambodia Issues New Guidelines for Gambling Businesses
The General Secretariat of the Commercial Gambling Management Commission of Cambodia has issued new guidelines for gambling businesses in Cambodia.
The guidelines are aimed at gambling operators and the managers of casino operations to ensure the effective implementation of laws governing commercial gambling and to protect the legitimate rights of operators in the sector.
“The guidelines aim to crack down on all illegal gambling activities and gambling dens and to promote legal commercial gambling,” the CGMC said.
The purpose of the guidelines on the management of casino operations is to ensure that casino operations can be carried out that follow the laws and standard documents relevant to the management of commercial gambling.
The CGMC has instructed the casino operators or casino owners to apply for a licence or renew their casino licences to receive permission to continue to operate.
Casino operations are only allowed in the clearly defined geographical locations of their casino development proposal and the conditions set out in the Law on the Management of Commercial Gambling and the relevant legal documents in force.
The CGMC added that the casino operators or casino owners who have received casino licences from the CGMC can only operate in the premises designated in their casino licences.
The guidelines read that the casino operators or casino owners who applied for casino licences from the Ministry of Economy and Finance and are fulfilling the required conditions to renew the 2022 licence will be issued a certificate of legality to continue their casino businesses for the year 2022.
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Quantum continues expansion streak with two director-level new hires
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One of betting and gaming’s best-known customer acquisition and comparison businesses, Quantum, has announced the next steps in its ambitious growth plan by welcoming two new director-level appointees.
Joining the business are Dimitris Papamichael as commercial director and Luke Watkin as marketing director – both in newly created roles. They come in alongside a full C-suite and a full team of new tech hires that continues a recruitment drive which began in 2023 – and reflects Quantum’s rapid and consistent growth throughout the last five years.
Papamichael will be responsible for all revenue-generating activities across the business in a pivotal leadership role. He’ll shape Quantum’s commercial strategy as the company diversifies into new verticals while maintaining its strong position in the iGaming sector. He’ll also lead an expanding team of commercial and sales managers.
Watkin will lead the development and execution of the marketing strategy across all business verticals. As marketing director, he’ll be instrumental in shaping Quantum’s marketing vision, building scalable systems, and delivering commercial impact as it expands into new markets. Watkin will build and mentor a high-performing marketing team and is also tasked with driving further recruitment.
Speaking of the appointments and new strategic direction, CMO James McCarthy said: “It’s a pleasure to welcome Dimitris and Luke to Quantum during what is undoubtedly a really fascinating time in our growth. From cementing our relationship with some of iGaming’s biggest names to helping us expand into exciting new sectors, both of our new Directors will be integral to the continued success of the business.”
Papamichael said: “I’m thrilled to be joining Quantum at such an exciting stage of its incredible growth journey. The company has already achieved so much, and there’s huge potential ahead as we expand into new markets and sectors. I can’t wait to work with the exceptionally talented team here to seize the many opportunities ahead and drive the next phase of growth.”
Watkin said: “I am delighted to join a business with such a proven track record of excellence in its core markets, as well as highly ambitious plans for strategic expansion into new markets and territories. I am looking forward to contributing towards building on the exceptional progress the team has made to date, and accelerating that growth in the years ahead.”
This people news comes hot on the heels of the company’s exciting rebrand news of last week, moving toward the “quantum” in QiH Group” as well as redefining the business’ purpose and strategic direction.
The post Quantum continues expansion streak with two director-level new hires appeared first on European Gaming Industry News.
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FLY AWAY TO FORTUNE WITH ZITRO’S “RAINBOW BIRDS”
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The post FLY AWAY TO FORTUNE WITH ZITRO’S “RAINBOW BIRDS” appeared first on European Gaming Industry News.
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PHP13 MILLION UP FOR GRABS IN PAGCOR’S LINKED BINGO EVENT
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The post PHP13 MILLION UP FOR GRABS IN PAGCOR’S LINKED BINGO EVENT appeared first on European Gaming Industry News.
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