The new bill competes with a previous version and expands on operator qualifications
Thailand has taken another step toward casino legalization with a newly proposed bill emphasizing the concept of “Entertainment Complexes.” Announced by Chulapong Yukate, a member of the Thai People’s Party, the bill introduces a model combining shopping, hospitality, and entertainment with a dedicated casino space.
Scheduled for submission to the Thai National Assembly on December 12, the bill is expected to go through deliberations, with a decision anticipated by April 2025. If approved, it would face a 180-day wait before becoming official, meaning it wouldn’t be ready until at least next October.
Yukate envisions these complexes as expansive spaces similar to shopping malls, with 5–10% of the area allocated for casinos. Ownership of these complexes could be open to any individual or entity, with casino operations managed by experienced third parties. Notably, the proposal relaxes foreign investment restrictions, potentially allowing international stakeholders greater control, a departure from the typical 49% cap for foreign ownership in Thai ventures.
The bill also outlines penalties for casino law violations, including fines of THB500,000 (US$14,500). Additionally, it recommends creating a fund to address problem gambling. The proposed Entertainment Complex Policy Committee, chaired by the Prime Minister, would oversee these developments, ensuring compliance and strategic direction.
At the inaugural Thai Entertainment Complex Summit, industry leaders discussed the bill’s potential. Niall Murray, a gaming industry veteran, expressed confidence in Thailand’s market becoming a major player in Asia, second only to Macau. Other experts shared insights into customer demographics, hospitality trends, and regulatory frameworks based on Macau and Singapore’s experiences.
While major operators have remained cautious, international consultants and stakeholders are closely monitoring the developments. If successful, the bill could transform Thailand into a regional gaming hub, attracting significant foreign investment and redefining the country’s tourism landscape.
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