Thailand’s Deputy Finance Minister says up to seven leading casino operators are interested in Thai projects
Thailand’s Deputy Finance Minister Julapun Amornvivat has confirmed that between five and seven top-tier casino operators have expressed interest in developing casino resorts in Thailand.
The Minister confirmed last week that he met with executives from Wynn Resorts and MGM Resorts.Mr Amornvivat said: “There are only about five to seven top-tier global operators in this sector, and they all view Thailand as a promising investment destination. Bangkok, in particular, is seen as highly suitable, with the potential to support more than one entertainment complex. The level of control in entertainment complex casinos is actually stricter than in the banking sector. Thailand welcomes nearly 40 million international tourists each year and boasts stunning natural attraction.”
“All visitors will be required to register, and nearly every square inch of the casino area will be monitored by surveillance cameras.”
Thailand’s parliament reconvenes in July with the casino bill high up on the legislative agenda. Each casino project will cost between US$6.2bn to US$9.3bn.
