Tag Archives: Thailand

Thailand’s future casino industry moved a step closer with the House of Representatives signing off on its approval for the study advocating the birth of a legal casino sector. The proposals will now need to be voted in by the cabinet. The support for introducing casinos was strong with the House vote seeing 253 of…

A study by a panel of lawmakers, due to be submitted to parliament this week, has concluded that Thailand could increase tourism revenue by US$12bn if it were to introduce resort style casinos. The report states that average tourist spend could increase by 52 per cent to reach $1,790 per trip fuelling growth in the…

Thailand’s House of Representatives has now set up a 60-member committee to study the possible opening of entertainment complexes, including casinos, to counter the issue of illegal gambling spend and boost the country’s economy. The move follows a report back in January recommending that entertainment complexes should be built with no more than five per cent of…

A special House Committee report proposing that five resort style casinos should be opened in Thailand within two to three years has been approved by the House of Representatives. With a vote count of 310 votes to nine, the House has now asked for a more detailed break down of the economic effects that Integrated…

The Thai National Assembly has recommended to its government that a decree allowing ‘entertainment complexes’ including casinos should be brought in to boost the economy and prevent Thais spending money in casinos outside of the country. The plan is for casinos to include hotels, amusement parks, and retail outlets with government due to discuss the recommendation in a…

Thailand is looking at the feasibility of allowing five casinos to be built with the Thai National Assembly suggesting revenues could be taxed at 30 per cent to quash illegal gambling. Pichet Chuamuangphan, the second vice-chairman of the committee, said that the results of their research into the matter have been presented to the government with…

Brokerage firm Sanford C. Bernstein believes that Las Vegas Sands’ new Asian project is probably focused on Thailand. Sands Chairman and CEO Rob Goldstein detailed this week that the operator was in talks with a ‘major country’ in Asia where it wants to build a casino resort similar in size to Marina Bay Sands in…

Thailand, one of only three ASEAN nations without legal casinos, alongside Indonesia and Brunei, will launch a feasibility study into the effects of introducing casino gaming via an integrated resort with a casino. The House of Representatives will charge an extraordinary committee of 60 people with the task of evaluating the benefits of a casino…

The Bangkok Post has reported that Prime Minister Prayut Chan-o-cha wants to debate legalising casinos in Thailand. Underground gambling is common practice in Thailand with recent reports linking the spread of coronavirus to illegal gambling dens. There has also been a steady flow of Thai gambling spend leaving the country for casinos in Cambodian and…