Subscribe Search

Search form

Logo of Phnom Penh Post newspaper Phnom Penh Post - Lottery draws criticism

Lottery draws criticism

Lottery draws criticism

After previous gaming crackdown, govt permits sport benefit

ONE year after the government crackdown on sports gambling forced the closure of firms, including CamboSix, Sport Social Affairs Co Ltd launched the Cambodia National Sports Lottery nationwide Sunday amid criticism from the opposition.

A joint venture with Singapore-based firm PSC Corporation Ltd, which invested US$5 million, and the National Sport Foundation (NSF), the new lottery is operating under an exclusive licence received from the Ministry of Economy and Finance on November 9.

“This is not a game for betting.... It is a different system – a lucky draw,” NSF Secretary General Vath Chamroeun said Friday.
Some of the revenue raised by the lottery will be used to develop sport in the Kingdom, said Sport Social Affairs President Ly Hout.

The lottery “will play a very important role in the development of our national sport, and improvement of social affairs,” he told the Post, without elaborating.

In February last year, the government closed all sports gaming – both licenced and unlicenced – in a crackdown following a snap order from Prime Minister Hun Sen aimed, he said at the time, at stemming the negative effects of gambling on society.

The opposition Friday criticised the decision to allow the lottery.

Sam Rainsy Party lawmaker Son Chhay said that he did not believe the government should grant a licence “because it violates rules”, whereas the government “said it would close down all kinds of gaming and lotteries”. He added that the venture was a type of corruption.

Mey Vann, director of the finance industry at the Ministry of Economy and Finance, said the lottery complies with ministry requirements in terms of capital and transparency.

The venture would give 20 percent of profits after tax to sports development, he added, which Vath Chamroeun said would partly be used for building an international stadium in preparation of future bids to host international sporting events in the Kingdom.

Profit sharing
PSC Corporation will receive 29 percent of profits, the NSF will take 20 percent for sports development, and the remainder will go to Sport Social Affairs, according to the agreement, which also requires the Singaporean firm hold $500,000 in the central bank.

Mey Vann said the NSF would help add oversight to the venture.

The top prize in the new lottery will be $200,000, said Vath Chamroeun.


  • Kak Channthy, Cambodian Space Project frontwoman, killed in crash at 38 [Updated]

    Updated 5:05pm, Tuesday, March 20, 2018 Kak Channthy, frontwoman of popular The Cambodian Space Project, was killed Tuesday morning in a traffic accident in Phnom Penh. She was 38. Channthy, the internationally recognised singer-songwriter also known as “Srey Thy”, was reportedly travelling in a tuk-tuk on the city's

  • Australians protest Asean summit visit by PM Hun Sen

    Hundreds of protesters gathered in Sydney’s Hyde Park on Friday to protest against Cambodian strongman Hun Sen, who claimed to have been gifted millions of dollars by the Australian government ahead of a special Asean summit this weekend. An estimated 300 protesters, the majority of

  • One Australian, one Cambodian killed in explosion at military base

    Updated: 5:20pm, Friday 16 March 2018 An Australian tourist and a Cambodian soldier were killed in an explosion on Thursday afternoon at an army base in Cambodia’s Kampong Speu province. The Australian, whom the government initially identified as a technical demining expert in his 40s, and

  • Peeling back layers of prehistory in Battambang

    When the man passed away, he had not yet reached 50. He belonged to a tribe that had settled near the Sangker River in Battambang province, likely cultivating the fields and raising animals. On the side, they hunted for boars, and even turtles, one of which