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Daily Asia Gaming eBrief: Bangkok Port unlikely to host nation’s first casino

Good morning. All eyes are on Bangkok. And while Thai officials have indicated that the Bangkok Port is a potential location for a possible future IR, the logistics necessary to shape it into a viable and attractive long-term tourism destination mean that it’s unlikely to be the first location to open a casino in the country. Still, massive potential awaits, if it follows success stories such as Singapore’s Marina Bay. Meanwhile, in Macau, expectations are for GGR growth to continue this year, with Seaport predicting a 7 percent annual rise. Larger operators stand to benefit this year and going forward, as smaller players bleed market share.

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THAILAND

Bangkok Port unlikely to house nation’s first casino

Strict urban planning, infrastructure and transportation arrangements, zoning and synergy with new legislation will all be essential in elevating the Bangkok Port as a potential destination for a new IR complex in the city. But given the logistics, expert Daniel Cheng opines that the zone is highly unlikely to host Thailand’s first casino. This shouldn’t discourage the issuance of an entertainment zone license for the area, however, as it is likely to be a top pick for operators wanting to enter the market.


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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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