Poipet is well known as a gambling hub, with more than 10 casinos in 2020, Poipet is considered Cambodia’s number two casino destination after Sihanoukville.
There is a strip of casinos and hotels in Poipet, before the Thai passport control counters, enabling Thais and other foreigners to gamble in Cambodia without needing to go through Cambodian immigration. In Cambodia, gambling is illegal for Cambodian citizens but not for holders of foreign passports.
Some of the casinos include Poipet Resort Casino, Crown Casino, and Star Vegas Casino. Before the banning of online casinos in Cambodia, thousands of Chinese moved to the town and either were involved in the construction or gaming industry, or staying as short-term tourists who visited Poipet for gambling.
In its peak, it is also believed as many as 2,000 and 3,000 Thais entered Poipet daily. At the time in 2019, Poipet had 22 casinos and employed about 10,000 Cambodians and more than 1,200 foreigners, mostly Thais and Chinese. Poipet casinos are believed to have accounted for as much as 22% off nationwide gaming revenue in 2018.
Poipet has been considered one of the fastest developing towns in the country, a boomtown with the potential of becoming a centre for manufacturing, tourism, and real estate development. The cross-border activity has made the town grow to be larger than the provincial capital, Sisophon. The border between the two countries is open from 07:00 - 22:00.
The town also hosts three special economic zones (SEZs): Poipet O'Neang Special Economic Zone (POSEZ), Sanco Poipet Special Economic Zone and the Poipet PPSEZ. In December 2019, Poipet’s three active SEZs had a total of 17 factories and 7,500 jobs.
In 2019, Poipet Airport Investment (PAI) received approval from the government to study the feasibility of developing an airport in Poipet. The proposed airport site is located 13 kilometres from the town.