Casino Legalization to be considered in Thailand by 2025 to draw foreign investment
Friday 15 de November 2024 / 12:00
⏱ 1 min read
(Thailand).- Thailand is reportedly preparing to legalize casinos by next year in a bid to draw foreign investments and boost tax revenues, a move that is likely to present promising opportunities for international operators who have long advocated for such legislation. Given Thailand’s reputation as a popular tourist destination, this initiative presents a potential windfall.
The Thai government is currently working towards the enactment of the ‘entertainment complex’ bill, which would enable the establishment of casinos within major venues. According to Prommin Lertsuridej, Secretary-General to Prime Minister Paetongtarn Shinawatra, the legislation is projected to be passed in the two chambers of parliament by 2025.
The proposal is anticipated to achieve Cabinet approval later this year, before undertaking consideration by the House of Representatives and upper house Senate in the forthcoming year. The process of passing a bill through the three required readings in each house typically takes months.
Prommin told Bloomberg during an interview in Bangkok that the law should be passed within the next six months, thereby launching operations next year, considering the earliest timeline.He further alluded that several administrative procedures would follow the bill’s parliamentary clearance before the casinos could be operational.
Citigroup Inc. has projected that upon the full operationalization of the casinos approximately six years from now, Thailand could evolve into a substantial player in the global gaming sector.
This week, Citigroup analysts reported that the country’s gross gaming revenue could achieve $9.1 billion when fully optimized, potentially ranking Thailand as the world’s third-largest market behind Macau and Las Vegas and ahead of neighboring Singapore.
Galaxy Entertainment Group Ltd. and MGM Resorts International are reportedly evaluating potential prospects in Thailand to counterbalance the uncertain prospects in Macau. Las Vegas Sands Corp. has also indicated an interest in expanding to Thailand.
Categoría:Legislation
Tags: Sin tags
País: Thailand
Región: Asia
Event
AffPapa Conference Madrid 2026
18 de May 2026
StatsDrone Revolutionizes Data Analytics in iGaming at AffPapa Madrid 2026
(Madrid, SoloAzar Exclusive).- John Wright, CEO and co-founder of StatsDrone, shared with SoloAzar his insights after participating in the AffPapa Conference Madrid 2026. He discussed how the company presented its new analytics platform NousViz, the feedback received from attendees, and the strategic goals driving StatsDrone’s expansion in the iGaming and affiliate marketing industries.
Friday 29 May 2026 / 12:00
The Future of Operator-Affiliate Partnerships at AffPapa Madrid 2026
(Madrid, SoloAzar Exclusive).- At AffPapa Conference Madrid 2026, industry leaders gathered to discuss the evolving relationship between operators and affiliates during the panel “The Future of Operator-Affiliate Partnerships.” Moderated by Nugzar Ramishvili, the discussion featured Nikoleta Hristova, Havard Lehn, Nemanja Lazarevic, Gjorgje Ristikj and Armin Aganovic. The session explored key industry challenges including transparency, listing fees, AI adoption, streamer marketing, and the future sustainability of affiliate partnerships.
Friday 29 May 2026 / 12:00
Nordic.Partners Eyes the Future at AffPapa Madrid 2026
(Madrid, SoloAzar Exclusive).- During last week's AffPapa Conference Madrid 2026, SoloAzar spoke with Sara Hägge, CEO at Nordic.Partners, about the company’s participation in the event, the evolution of affiliate marketing within the global iGaming industry, and the strategic role of technology, branding, and community-building in today’s increasingly competitive market. In this interview, Hägge shares her views on affiliate needs, operational efficiency, AI integration, and the future opportunities shaping the affiliate ecosystem.
Thursday 28 May 2026 / 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.
