After the prohibition of gambling in Xigang, where will it go in the future?

十二月的柬埔寨稍稍感到一点凉意,不过这波凉意不单单是天气变化,就连柬埔寨热络的经济,也在洪森总理颁布禁赌令之后,稍微降温了一些。

西港禁赌后,未来将走向何方?
After the prohibition of gambling in Xigang, where will it go in the future?

This day, I was in Phnom Penh with my friend Alan to see the annual real estate exhibition. During the exhibition, I heard other people talking about the prohibition of gambling in Sihanouk port.

“你很久没有去西港了吧?”艾伦问到。

“西港那么常出事情,外交部都在官网上发旅游警示了,没事不会去。我找网址给你看。你看这边,『近期柬国西哈努克港治安恶化,暴力及刑事案件频传,国人前往西港宜加强风险防范。』”我说道。

"Haha, it seems that Phnom Penh is better. However, the ban on gambling is still effective. Once it was issued, it caused the Chinese to withdraw in a whirlwind. " Said Alan.

柬埔寨西哈努克市的中国房地产商对外展示的新豪华公寓与酒店广告模型
The picture above shows the advertising model of new luxury apartments and hotels displayed by Chinese real estate developers in Sihanouk, Cambodia

The picture shows the advertising model of new luxury apartments and hotels displayed by Chinese real estate developers in Sihanouk, Cambodia

According to the news, China decided to crack down on Internet crimes such as telecommunication fraud across the country, so it and Cambodia jointly implemented law enforcement to arrest the illegal Internet gambling industry overseas on a large scale. The Cambodian government has also officially issued a ban on gambling, and plans to eliminate all kinds of illegal online gambling institutions by the end of the year. The enforcement places are especially concentrated in border cities such as Xigang, Bayu and Pobe.

Because these areas are located in remote areas, sometimes the law enforcement force is beyond reach, so many illegal online gambling companies led by Chinese capital have gathered. After setting up bases in Cambodia, these companies turned back to carry out online fraud, online gambling and other activities in China, which really bothered the Chinese government. Therefore, China asked the Cambodian government to face up to this problem and carry out joint law enforcement, with the goal of making all illegal online gambling disappear in Cambodia.

“其实是因为中方严厉要求的关係,柬埔寨这次才认真协助。西港混乱的状况你也不是不知道。那边枪击和抢劫案频传,治安不好,加上太多人想搭上博彩列车淘金发财,开出很多高薪的职缺,像什么线上荷官之类的网路真人发牌等职缺,因此一堆人往西港挤,炒高了当地房地产和物价,造成中国人和当地人间的严重冲突。柬埔寨政府之前都只是象征性地抓一下,并没有认真全面抓捕。不过这次正好顺水推舟,一次把问题都解决掉,刚好当政绩之一。”我回答道。

“不过影响的其实只有非法的网络赌博产业,正规经营的赌场并没有受到波及。我看很多人都在网路上留言说,少了网络博彩,柬埔寨的经济将进入大萧条,我觉得太夸张了。不过看照片,的确很多大楼都是空的,租客在听到风声之后连夜搬走,押金都不要了。”艾伦说道。

In this action, the Cambodian government issued a press release to clean up the online gambling industry without a legal license. However, because most of the online gambling companies in Cambodia are illegal and mostly gather in Xigang, after the issuance of this decree, a large number of illegal employees left Cambodia, which has indeed brought Xigang into a stage of economic cooling, Among them, renting houses has become much easier, rents have become cheaper, local prices have begun to fall, and economic activities are not as hot as before.

If the investment heat in Xigang drops, the real estate industry in Xigang is the most worrying thing for investors. From the data point of view, the real estate prices in West Port began to surge in 2015 because of the development of gambling and entertainment industry. By 2018, it was almost the same price as Phnom Penh, and not much difference between bubbles. The rapid development of this port attracted only the tourists who gamble, but it could not create long-term stable advantages, which could be said to be a highly investment project. Once encountering a big change of national policy like this, the inducement disappears, the local housing demand drops sharply, and the development of real estate will be affected immediately.

Although in this real estate exhibition, the builders said that the construction project continued and the relevant sales promotion remained the same, but the insiders knew that the real estate in Xigang would enter a cooling period, so it was difficult to attract overseas investors in a short term.

In a word, Xigang should not have developed in such an abnormal way as gambling. Even if there is no online gambling camp, Xigang also has its original economic activities, including clothing industry, tourism industry and agriculture, which have created a lot of employment opportunities for the local area. This is the more regular way of development.

当然,柬埔寨政府也乐见其成,虽然短期内可能会对当地经济带来一定程度的衝击,不过在这样的扫荡之后,可以让西港恢复原本的面貌,同时降低投资者对当地治安的顾虑,吸引更优质的投资者来西港设立公司,让当地经济往正面的方向发展,而不是依赖违法产业生存。在这次的事件之后,西港的经济将面临新一轮的重新洗牌,不过相信只要柬埔寨政府能继续保持这样的执政方针,相信迟早可以还西港一个公道,再创那个传说中清美幽静的渡假胜地。

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