‘Donald Trump of Cambodia’ Opens First Casino
The Titan King Casino opened its doors last weekend in Bavet, a town in Cambodia’s Svay Rieng province, about 120 km (75 miles) from Phnom Penh. Owner Kith Thieng, whose business interests include hotels, fast food restaurants, a mobile phone operator and stakes in a bank and television station, said he wanted to help Cambodia’s entertainment sector rebound after the global economic downturn. The Titan King Casino employs 6,000 people.
“Most gamblers will be Vietnamese, but my goal is also to attract people from other countries,” said Kith, who some have called the “Donald Trump of Cambodia.” “I want to promote the fact that Cambodia has enough places for entertainment.”
Kith’s casino is just outside the 75-mile exclusion area reserved for NagaCorp, which has a monopoly on casinos in and around Phnom Penh.
