Las Vegas Sands CEO Rob Goldstein has once again confirmed the company's interest in Thailand, responding to inquiries from investment bank analysts regarding the company’s 1Q24 results.

The Thai Cabinet has designated the Finance Ministry as the primary agency responsible for reviewing a report prepared by an ad hoc House committee regarding the potential for establishing entertainment complexes with casinos in the country.

Amid an accelerating move towards casino legalization in Thailand, the country could see its first Entertainment Complexes (EC) by 2029, according to research by Maybank Investment Bank.

Thailand's 500-member House of Representatives approved a proposal for a study on Thursday, led by a group of lawmakers, to explore the possibility of permitting casinos to operate within extensive entertainment complexes. The plan garnered support from 253 out of the 257 lawmakers present.

A study, due to be submitted to the Thai parliament on Thursday, suggests that once integrated resorts (IR) with casinos are established, there is a possibility for a significant increase in average tourist expenditure, potentially by 52 percent to THB65,050 ($1,790) per trip.

Singapore has outpaced its neighbors in regaining Chinese tourists, boasting a 96 percent recovery rate, well ahead of Thailand and Vietnam.

Industry experts say that there are still many issues that need to be addressed and followed regarding potential future casino legislation in Thailand.

The CEO of the Grand Ho Tram Resort, Walter Power, does not see a large impact on the Vietnam gaming market if neighboring Thailand is to advance to open up the sector.

Police in Thailand have summonsed deputy national police chief Pol Gen Surachate Hakparn to face a money-laundering charge in connection with alleged online gambling.

Thailand is making a significant stride towards gaming legalization.