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Thursday, May 2, 2024

Thailand legislative panel moves forward to allow “entertainment complexes” including casinos to be built across the country

A committee of the Thai National Assembly that is analyzing the possibility of legalizing gambling submitted a report to Parliament on Wednesday recommending the government issues a decree allowing “entertainment complexes” that include legal casinos to be built in key cities across the country, in an attempt to reactivate the economy.

If accepted, the blueprint could help Thailand in generating billions of dollars from foreign investors, travelers, and Thai gamblers “who would otherwise spend gaming money in neighboring countries,” according to the panel. 

Pichet Chuamuangphan, the second vice-chairman of the committee, said: “We’re focused on attracting foreigners to step up tourism and draw more money out of their pockets. This will also stem the outflow of money from Thai gamblers and help the government collect hefty taxes for our economic security”.

He…

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