At the Thailand Entertainment Complex Roundtable (TECR) held last week, a controversial regulation sparked intense debate: local residents must have a bank deposit of $1.5 million to enter casinos. This clause is seen by industry insiders as a "significant barrier" that could stifle foreign investme
A Thai government official has proposed a new argument in favor of opening casinos in the country: the revenue generated by the casinos would "offset" the losses expected from U.S. tariffs.As opposition to the Thai Entertainment Complex Act continues, Deputy Prime Minister Phumtham Wechayachai state
I. Legalization of Casinos in Thailand: A Long-Planned "Economic Gamble"In January 2025, Thai Prime Minister Pei Tongtan announced that the cabinet had approved the draft "Entertainment Venue Operation Law," officially starting the legalization of casinos. The core goal of this policy is to attract
Members of the Council of State have not yet agreed on what proportion of complexes casinos would be able to occupy.Thailand.- The Council of State (CoS) has not yet determined the percentage of the casino component should integrated resorts be legalised. CoS secretary-general Pakorn Nilprapunt said
The bill could be passed in around six months.Thailand.- The government hopes the legislation to allow casino resorts, which is currently at a draft stage, will be passed by the two chambers of the country’s parliament in 2025. Prommin Lertsuridej, Secretary-General to the country’s Prime Minister,
Analysts at Citigroup expect the bill to legalise casinos in the country to be approved by mid-2025.Thailand.- Analysts at Citigroup have forecast that casinos in Thailand could generate US$1.91bn annually in gross gaming revenue (GGR). That would surpass the GGR of Singapore’s two casinos and place
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