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Thailand moves forward with plans to legalize large casino entertainment complexes

Tuesday 20 de August 2024 / 12:00

⏱ 2 min read

(Thailand).-The government hopes to attract more visitors from China, where gambling is tightly regulated, and projections suggest these new developments could generate billions in the first year.

Thailand moves forward with plans to legalize large casino entertainment complexes

Thailand’s beautiful beaches, rich food, and cultural heritage attract many tourists. The government is now contemplating adding casinos to its offerings by legalizing gambling, including roulette and blackjack, through proposed “entertainment complexes.” These complexes would feature hotels, restaurants, and sports venues, aiming to boost tourism revenue significantly.

The government hopes to attract more visitors from China, where gambling is tightly regulated, and projections suggest these new developments could generate billions in the first year. However, opposition persists, focusing on potential risks such as addiction and the resurgence of illegal gambling activities.

The bill’s passage through parliament remains uncertain, especially after former Prime Minister Srettha Thavisin, a strong proponent of the legislation, was removed from office. The legislation faces opposition from several political parties, including the Bhumjaithai Party and the Democrat Party.

The government has stated its intention to model the casino regulations after Singapore, which legalized casinos in 2005, but concerns remain about the potential for criminal activity, especially considering the struggles of other Southeast Asian countries, like Cambodia, to control crime within their casino sectors.

A study commissioned by Thailand’s parliament found that the proposed entertainment complexes, similar to those in Singapore and Macau, could boost tourism revenue by at least $US12 billion ($18.1 billion) in the first year. Licenses are expected to be issued for five casinos, with two in Bangkok, one each in Chiang Mai and Phuket, and one in the Eastern Economic Corridor. Thai citizens will have to pay a 5,000 baht ($215) entry fee, while admission for foreigners will be free.

Categoría:Others

Tags: Sin tags

País: Thailand

Región: Asia

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