Cambodia’s Casino Crackdown Hasn’t Stopped $1.07 Billion in Crypto Flows

Dextape brief

By Dextape Desk · November 1, 2026

Blockchain firm TRM Labs reports that casinos in Sihanoukville, Cambodia, took in roughly $1.07 billion of digital assets from January 1 through September 7, 2026, even as authorities cracked down on scam compounds and imposed international sanctions on connected networks. Of that total, $687 million, or 64%, went to casinos tied to networks sanctioned by OFAC, an arm of the US Treasury. Xihu Resort Hotel-linked entities alone took in $184 million between April 23 and September 7. Monthly inflows seem to have dropped, falling from roughly $148 million a month during January through May to close to $95 million in July and August, though TRM Labs thinks the decline may not show the full picture since operators often switch wallet addresses.

Why it matters: It shows that enforcement actions have not stopped crypto flows to casinos tied to sanctioned networks, a gap that matters for anti-money-laundering oversight of crypto.

Summary by Dextape, based on reporting by CryptoPotato. Written with AI from the publisher’s text and checked automatically for copied wording and unsupported figures. Not investment advice.