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Travel & Leisure

Cambodia aims to woo resorts with new casino law

Framework sets ultralow tax rates but Naga keeps Phnom Penh monopoly

Cambodia's new casino law leaves NagaWorld's monopoly over Phnom Penh in place until 2045. (Photo by Masayori Ishikawa)

PHNOM PENH -- Cambodia will boast one of the world's lowest tax rates for casinos under a new law that the government says will create a "safe and sound" sector and help attract greater investment.

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