The study results to legalize casinos and entertainment complexes in Thailand are set to be presented at the upcoming cabinet meeting next week, according to the report from the Bangkok Post.
Deputy Finance Minister Julapun Amornvivat, acting as the chairman of the ordinary committee of the House of Representatives, will present the findings of a comprehensive study on the matter.
Should the cabinet endorse the proposal, a government agency will be tasked with overseeing the project, with draft legislation to be submitted for parliamentary review. The proposed legislation aims to confine gambling activities to designated areas within the complexes, with strict prohibitions on online gambling due to difficulties in regulation, particularly concerning the protection of minors.
Julapun emphasized that the entertainment complexes in Thailand will involve investments exceeding THB100 billion ($2.73 billion) for each venue, and the selection of construction sites for these entertainment complexes will prioritize accessibility via modern transportation infrastructure, such as high-speed railways or airports.
Additionally, he stressed that these complexes will offer more than just gambling, with plans to incorporate various entertainment options like world-class concerts and potentially even a Disneyland, aiming to generate employment opportunities and spur economic growth.
While the notion of introducing casinos in Thailand has been debated for over three decades, it is only now being seriously considered. Julapun believes that if implemented properly, it could significantly boost economic development both directly and indirectly. However, he underscored the need for strict regulations and clear designation of locations to prevent any potential negative impacts.
As of now, the project remains in the study phase, drawing on insights and experiences from other countries’ operations.
