Thailand Takes Step Toward Legalizing Casinos With Draft Bill
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Thailand is on its way to legalizing casinos, a move seen as crucial to revitalize the country's tourism sector and attract substantial foreign investment.
Thailand’s Council of State has unveiled a draft bill, inviting public feedback until August 18. The draft bill’s next steps involve cabinet approval, parliamentary debate, and potential amendments. The 22-page document outlines plans to integrate casinos into large entertainment complexes, echoing a model used successfully in Macau.
This development follows close on the heels of the United Arab Emirates, whose regulators released rules for gaming in late July.
What Does the Draft Bill Say?The cabinet also recommends that the gambling area in casino resort developments not exceed 5% of the total project area, with the rest allocated to complementary hotel and entertainment offerings.
The draft proposes a "reasonable" entry fee for Thai nationals, similar to the approach taken in Singapore. In the latest reporting
