Cambodian authorities have revoked 18 casino licenses to the Prince Group network amid an ongoing nationwide action against online scam operations. An additional 10 casino licenses have been suspended.
At the same time, authorities strengthened cooperation with the Federal Bureau of Investigation and Interpol.
Senior Minister Chhay Sinarith, Head of the Commission for Combating Technology-enabled Scams (CCTC), disclosed the latest action during a briefing for foreign diplomats and representatives of international organizations at the Ministry of Foreign Affairs and International Cooperation headquarters.
Reportedly, authorities froze more than $300m in bank accounts, alongside other liquid and illiquid assets worth hundreds of millions of dollars.
However, these amounts reflect the reported results of the nationwide campaign and is not attributable in full to Prince Group.
CCTC summary of the briefing noted: “Cambodia is actively conducting in-depth investigations and building close collaboration with international law enforcement agencies – including the FBI and Interpol – to dismantle these transnational criminal syndicates at their roots.
“Furthermore, law enforcement authorities are investigating financial structures, concealed assets, cryptocurrency utilization and casinos which operate illicit online gambling operations under false pretenses.”
Sinarith stated that authorities were using digital evidence from electronic devices and systems to prosecute scam leaders without relying on victims’ complaints.
Even though the problem goes further back, during the Covid-19 pandemic, some Cambodian casinos increasingly shifted from traditional gambling to large-scale online scams due to declining revenue.
These operations became involved in international fraud, including romance and cryptocurrency scams, with some workers allegedly forced to participate. The problem has spread beyond licensed casinos to other locations across Cambodia.
Government figures covering enforcement through 31 August recorded activity across 663 locations and the closure of 86 suspected scam compounds.
The enforcement actions coincide with a wider review of Cambodia’s casino-licensing system, including proposed minimum suitability requirements for obtaining or renewing licenses.
Cambodian casino and gambling tax revenue fell 25.8% year-over-year for H1 2026, to approximately $28m
