The Thai government recently announced plans to push for the legalization of casinos, with implementation expected as early as 2025. This move is set to inject new momentum into Thailand's tourism industry and may attract the attention of global casino operators.
According to the preliminary plan, the government intends to issue up to five casino operating licenses in major tourist cities such as Bangkok, Pattaya, Chiang Mai, and Phuket. The legislation stipulates that Thai citizens must pay an entrance fee of up to 5,000 Thai Baht (approximately 137 euros) each time they enter a casino.
Furthermore, casino operators will be granted a 30-year franchise, with the possibility of renewal every 10 years. This means that Thailand will provide a stable legal and operational environment for casino investments, further enhancing its appeal as an international gambling and entertainment destination.
Analysts point out that this policy will help stimulate Thailand's economic recovery and promote the development of high-end tourism. However, there is still controversy over the potential impacts of gambling legalization, and discussions on policy details continue.
Will Thailand become the next hot market in the international casino industry? Stay tuned for more policy details and implementation updates.
