Casino debate in Thailand: Which is the economic strategy?
Thursday 03 de October 2024 / 12:00
2 minutos de lectura
(Thailand).- Thailand is on the cusp of a significant economic transformation with the government’s proposal to legalize casinos. This move is part of a broader strategy to boost the nation’s economy by tapping into the global gaming market, which could potentially reshape Thailand’s economic landscape.
- ? Casino Legalization Thailand is developing legislation to legalize casinos as a strategy to boost tourism and economic growth. Legalizing casinos could increase tourism revenue by approximately $12 billion.
- ? Investment Opportunities The establishment of casinos is expected to attract foreign investments, further enhancing the local economy and creating job opportunities.
- ? Controlled Gambling The government aims to regulate the gambling industry, which includes proposals for casinos that would operate primarily for foreign tourists.
The initiative has received substantial support from the House of Representatives, with a majority voting in favor of establishing a study panel to explore the feasibility of integrating casinos within large entertainment complexes. This reflects a shift in the nation’s stance on gambling, aiming to generate more jobs and increase state revenue.
The potential economic impact of this proposal is significant. If the law is passed, Thailand’s casinos could generate 187 billion Thai baht (approximately $5.5 billion), accounting for 1% of the country’s GDP. Moreover, the casino industry could create thousands of new jobs and boost average tourist spend by 52%, contributing to GDP growth.
Categoría:Casino
Tags: Sin tags
País: Thailand
Región: Asia
Event
SBC Summit Americas 2025
13 de May 2025
Redefining Innovation: Soft2Bet’s Market-Ready Tech and Experiential Advancements at SBC Summit Americas
(Fort Lauderdale, SoloAzar Exclusive).- In this Q&A, Slobodan Georgijevski, Soft2Bet Senior Sales Manager, highlighted innovation and presence of the firm at recent SBC Summit Americas, and shared a broader industry insight and evolution over the years.
Friday 06 Jun 2025 / 12:00
Belatra Games Unveils 'Cyber Gypsies' and AI-Driven Innovations at SBC Summit Americas 2025
(Fort Lauderdale, SoloAzar Exclusive).- At SBC Summit Americas 2025, Belatra Games took center stage with groundbreaking innovations, introducing its newest slot experience, Cyber Gypsies. Alongside this thrilling launch, it reinforced its commitment to AI, gamification, and player protection, setting a new standard for engaging and responsible gaming. But what makes these innovations stand out, and how is Belatra redefining industry trends? Let’s dive in.
Thursday 05 Jun 2025 / 12:00
Blokotech at SBC Summit Americas: Cutting-Edge Launches and New Features
(Fort Lauderdale, SoloAzar Exclusive).- In an exclusive interview with SoloAzar, Alberto Alfieri, Blokotech Co-Founder & Executive Chairman, discussed the innovations the company presented at SBC Summit Americas 2025 and how they address the industry's evolving needs, among other topics.
Monday 02 Jun 2025 / 12:00
SUSCRIBIRSE
Para suscribirse a nuestro newsletter, complete sus datos
Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.