AP
PHNOM PENH (Cambodia) - CAMBODIA opened a luxury, US$100 million casino on Friday hoping to attract more foreign tourists and promote its fast-growing entertainment industry, casino owners said.
The Titan King Casino, located along the Vietnam border, is one of a number that have sprung up along the country's frontiers with Vietnam and Thailand, attracting thousands of gamblers.
The Ministry of Finance says Cambodia earned US$19 million from 29 casinos in 2008. But revenue fell to US$17 million in 2009 because of a decline in tourist arrivals and a border dispute with Thailand.
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