Good morning. Things are good, but they could be better. In the case of Thailand, experts laud what has been done so far to push through legislation aimed at opening up the nation’s first IR before Japan does. Despite the progress, the lack of an online component within the legislation has been criticized, as it could open up another massive revenue stream, Meanwhile, in Macau, satellite casino operators say that they’re being left in the dark about what will happen once the transition period ends this year, pushing to maintain some type of status quo to support their non-gaming operations.
What you need to know
- Thailand’s progress with its Entertainment Complex bill continues steady, but experts say it could have included an online gaming component.
- Uncertainty looms over Macau satellite casinos as transition period nears, with unclear guidelines on management fees.

On the radar
- Macau’s 2024 gaming crimes up by 28.6%, but still lower than in 2019.
- China Supreme Court: strong punishment for cross-border gambling cases.
- Kangwon Land reports 33.6% increase in net income for 2024.
- Philippines and Thailand strengthen tourism ties with new agreement.
- Macau welcomed 34.93M tourists in 2024, strong rise in int’l visitors.
- MGM China announces salary increase, effective from March 2025.
AGB Intelligence
THAILAND

New IR bill could have included an online component
Strong support has been shown in pushing forward Thailand’s integrated resort bill, but some hurdles still remain before companies can begin bidding directly for one of the five spots up for grabs. But despite support from the Cabinet and a likely smooth passage through further bodies, experts lament that the bill failed to already include an online component.
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