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Sunday, May 19, 2024

Thai govt rolls dice with integrated entertainment complex-casino

Image courtesy of rorozoa on Freepik

Thai Deputy Finance Minister Julapun Amornvivat confirmed that the government-proposed integrated entertainment complex development will have a casino component that covers no more than 5% of the project area. This development project will not only comprise gambling venues and hotels but also other significant investment components.

Julapun emphasised that the proportions per complex will be determined by the governmental entities involved in the project. Drawing parallels with Singapore’s entertainment complex scheme, he noted that the law in Singapore also restricts the gambling area to no more than 5% of the project area.

Following the completion of the project in Singapore, the gambling area constituted a mere 3%.

On April 9, the Cabinet acknowledged a study on the entertainment complex by a special House committee and tasked the Finance…

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