Cambodia Revokes 18 Prince-Linked Casino Licences

Cambodian authorities have revoked the operating licences of 18 casinos linked to the Prince Group network and suspended several others, as the country’s crackdown on online scam operations enters a new phase. The revocations target facilities associated with Chen Zhi, the chairman of the Prince Holding Group, and Li Kuong, according to an official statement confirming the measures. The decision affects casinos identified as part of Chen Zhi’s business network. Regulatory officials indicated that the licences were withdrawn because of the operators’ ties to this network, which has been the subject of international sanctions and criminal investigations.