The country’s new PM has confirmed plans to move forward with casino legalization
Thailand’s new Prime Minister, Paetongtarn Shinawatra, is planning to boost the nation’s economy with an initiative that includes the development of seven integrated casino resorts. According to local media reports, three of these large-scale resorts are proposed to be located in Bangkok. The move is part of a broader effort to enhance Thailand’s status as a global tourist destination.
This casino development plan was outlined in a policy statement set to be presented to Parliament. The government aims to create entertainment hubs to attract international tourists, with casinos serving as a key feature. Each of the three planned resorts in Bangkok is expected to require at least 100 billion Thai baht (US$3 billion) in investment. Beyond the capital, up to four more integrated resorts will be constructed in other popular tourist provinces, with investment estimates at around 50 billion Thai baht (US$1.5 billion) per location.
Deputy Secretary-General to the Prime Minister, Suksit Srichomkwan, mentioned that legislation is currently being reviewed to allow for these developments. The proposed casino resorts will have gaming areas that occupy no more than 10% of the total space, ensuring that other attractions like hotels, restaurants, and cultural venues play a significant role in the projects.
This casino plan is one of several major projects under the new government’s economic strategy, which also includes flood protection for Bangkok and transportation improvements through the Land Bridge project, linking the Gulf of Thailand with the Andaman Sea. The casino bill would grant licensees 30-year terms, with the possibility of renewal every five years.
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