Thai committee to submit report on legalized casinos in May
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An extraordinary committee examining the feasibility of opening regulated casinos in Thailand will submit its report next month, according to the Bangkok Post.
The study, launched in December following a House of Representatives vote, has specifically focused on the potential for an integrated resort with a casino, with the goal of attracting more foreign visitation and boosting the local economy. It is not yet known how many casino-resorts could be legislated for should such a scenario eventuate, although it was reported last month that the capital city of Bangkok is considered the number one location for such a development.
The 60-member committee, comprising 15 cabinet representatives and 45 from other parties, has examined issues such as revenue and tax collection, how to deal with Thailand’s illegal underground casinos and online gaming, the Bangkok Post reports. Other possible locations have also been considered, primarily around popular tourist areas.
As reported by Inside Asian Gaming, potential IR locations include the likes of Pattaya and Phuket. It has also been suggested that global casino giant Las Vegas Sands could be first cab off the rank after the Chairman and CEO Rob Goldstein recently told the Las Vegas Review-Journal that the company is in talks with “a major country” in Asia to develop an integrated resort of a similar scale to Marina Bay Sands in Singapore.
Thailand remains one of only three ASEAN nations without legal casinos, alongside Indonesia and Brunei, although it has been estimated that as many as half of its adult population gambles via illegal means. With a population of almost 70 million, Thailand is the world’s 20th most populous country.
