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Daily Asia Gaming eBrief: Thailand “desperate” to open casino before Japan

Good Morning. It’s a race against time. Authorities in Thailand are doing their utmost to accelerate legislation that paves the way for the country’s first integrated resort, with an expert saying they’re “desperate” to beat Japan to the punch. But once open, the country’s proposed tax rate will make it highly competitive with regional competitors. Switching to Singapore, the multi-billion dollar money laundering case, linked to online gambling based in the Philippines, could set a precedent on how money can legally flow into the Merlion city.

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THAILAND

Authorities “desperate” to open IR before Japan: expert

Authorities in Thailand are doing their utmost to push through casino legislation, as they are “desperate” to open the country’s first integrated resort before Japan does. A top expert notes that the process could be expedited but would still only see a casino opening by 2029. There is also pushback due to the country’s already strong tourism sector, however the attractive proposed taxation rate would make the country’s nascent casino industry highly competitive regionally.


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AGBrief Editorial
AGBrief Editorialhttps://agbrief.com/about-asia-gaming-brief/
The AGBrief Editorial Team is a group of contributors living around the world that are connected to Asia Gaming Brief. They are active members in pursuing the sources of our news, making them reliable and accurate for our readers.

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