Cambodia has revoked the licences of four casinos linked to alleged Chinese crime figure Chen Zhi. This comes as part of an intensified crackdown on cybercrime and online fraud.
The Commercial Gambling Management Commission (CGMC) announced the decision last week. The move targets properties allegedly connected to Chen’s Phnom Penh-based Prince Group Holdings. This group has been accused of operating one of the world’s largest online scam networks.
Four Casino Licences Revoked, One Suspended
The regulator revoked licences for three Sihanoukville casinos — Jinbei, Jinbei 4, and GC Casino — as well as Golden Fortune in Kandal Province. Meanwhile, a fifth property, Casino Khom in Kampot province near the Vietnam border, had its licence suspended.
According to CGMC advisor Chhoeng Chantha, the actions were taken because the casinos were linked to Chen Zhi’s business alliance. The regulator stated the move would strengthen oversight of Cambodia’s commercial gaming sector and ensure lawful operations.
Between January and February, Cambodian authorities reportedly shut down 190 scam operations nationwide. This includes 44 gaming halls allegedly involved in technology-driven fraud activities, according to local media reports.
Chen Zhi and Allegations of Global Online Fraud
Chen Zhi, a Chinese national who relocated to Cambodia during the country’s casino boom, has been widely accused of overseeing a large-scale “pig-butchering” scam network. Furthermore, reports allege the operation generated as much as US$30 million per day at its peak.
Through Prince Group Holdings, Chen built interests in real estate, financial services, and consumer sectors. He also presented a corporate philosophy centered on responsibility and innovation. However, international investigations have linked the group to online fraud schemes involving trafficked workers from dozens of countries.
Transnational crime experts have described Chen as a prominent figure within what has been characterized as a state-protected criminal economy.
Arrest, Deportation and International Scrutiny
In January, Cambodian authorities arrested Chen and deported him to China. There, he now faces charges including fraud, money laundering, human trafficking, and torture.
Chen previously maintained high-level connections in Cambodia, including travel with former Prime Minister Hun Sen in 2022. Reports also indicate he entered the United States in 2023 using a diplomatic passport issued by a foreign government official.
The case has intensified global scrutiny of Cambodia’s role in cyberfraud networks.
Reform Efforts Under Global Pressure
The United Nations Office on Drugs and Crime recently commended Cambodia for strengthening its fight against cyber-enabled fraud. This is an industry estimated to generate up to US$40 billion annually worldwide.
However, advocacy groups argue further action is needed. Amnesty International representatives have called for broader investigations into scam compounds operating within the country. They are urging authorities to dismantle trafficking-linked fraud networks entirely.
Regulatory Outlook for Cambodia’s Gaming Sector
The revocation of casino licences signals a tougher regulatory stance as Cambodia seeks to restore confidence in its gaming industry. Authorities appear committed to separating legitimate casino operations from criminal enterprises tied to online scams.
As enforcement actions expand, the case marks a significant moment for Cambodia’s commercial gambling sector. In addition, there are implications for regional compliance standards and cross-border fraud prevention efforts.
