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Sunday, April 28, 2024

Thailand casino landscape forming as details remain fuzzy –

Experts expect integrated resort approval within three years as global suitors await regulatory clarity, Muhammad Cohen reports.

Thailand will legalise casino gambling within three years, prompting a gold rush among international and regional operators, knowledgeable sources tell iGaming Business. Who stakes claims where depends on how Thailand draws its regulatory map, foreign gaming operators’ willingness to partner with Thai companies – and vice versa.

“Thailand will do ‘it’ but the question is what will the ‘it’ look like,” Destination Capital CEO James Kaplan says.

“Thailand has a once in a generation opportunity to become one of the most successful gaming jurisdictions in the world,” Spectrum Gaming Group managing director Frederic Gushin adds. Thailand’s status as a regional business hub and global tourist destination plus domestic appetite for…

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