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An influx of Chinese money and workers coupled with loose regulations fueled explosive growth in Cambodia's coastal city of Sihanoukville. (Nikkei montage)
Business Spotlight

In Cambodia's boomtown, a gamble on Chinese money goes sour

Online casino ban slams the brakes on Sihanoukville's runaway growth

SHAUN TURTON, Contributing writer | Myanmar, Cambodia, Laos

SIHANOUKVILLE, Cambodia -- On a Saturday afternoon late last year, dozens of dealers lounged around DV Casino waiting for their last paycheck. While they waited, workers hauled furniture out of the building's column-fronted entrance.

Management had announced just the day before that the Chinese-run casino, which had opened less than a year ago, was closing indefinitely for "maintenance."

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