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Friday, April 26, 2024

Legalisation of 5 casinos proposed in Thailand with 30% tax collection

A house panel is planning to propose to the Thai government the establishment of five legal casinos, with revenues taxed at 30%, believing that it would help reduce problems with illegal gambling dens.

Pichet Chuamuangphan, the second vice-chairman of a house committee which studies the legalisation of entertainment complexes, said, after its meeting yesterday (Wednesday), that they have submitted their findings to the government for them to consider the establishment of legal casinos, one each in the north, northeast and central region, Greater Bangkok and the southern region. He said that such casinos would allow all forms of gambling, from traditional to online gambling.

Pichet also explained that, for the legal casinos, the government would allow concessions with the private sector, from which the government will collect 30% tax, including local maintenance tax which…

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