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Sihanoukville Casinos Receive $1.07B in Crypto Despite Cambodia Crackdown
Sihanoukville casinos received approximately $1.07 billion in cryptocurrency between January 1 and September 7, 2026, despite Cambodia's crackdown on scam compounds. TRM tracked 34 casinos and attributed $687 million, or 64%, to establishments linked to networks sanctioned by U.S. authorities. Despite the sanctions, cryptocurrency continued flowing to wallets associated with the casino networks. Between April 23 and September 7, TRM attributed $184 million in inflows to entities linked to the Xihu casino and another $129 million to entities linked to Huan Hai. Frequent wallet changes limited comparisons with 2025 for most casinos. Huan Hai's inflows reached $264 million through September 7, compared with $90 million during the same period in 2025. However, TRM cautioned that its different clientele limited comparisons with smaller casinos. Cambodia's anti-scam commission revoked 18 casino licenses and suspended nine establishments on September 8.