Thailand’s Prime Minister Letta Tabithin (file photo) said legalizing casino gambling in Thailand would be a way to curb the number of illegal oysters in the country. He spoke in his first monthly televised address as Thailand’s leader on Saturday.
The official said legal casinos would keep gambling businesses under government control. “We have to acknowledge that underground gambling is a serious problem and must be addressed through legalization,” Sretta said in a speech, according to local media reports.
In March, the House supported a panel of lawmakers’ research in favor of setting up legalized casinos within large entertainment venues to attract tourists.
Thailand’s Finance Ministry leads 16 different government agencies in a study on the possibility of legalizing casino resorts in Thailand.
Deputy Finance Minister Julapun Amorbibat said last week that a report on the proposed legalization of casino businesses in the country would be ready for cabinet deliberations in three to four weeks.
Each casino resort requires at least 100 billion THB ($2.75 billion) of investment, according to a House committee report. 안전한 카지노사이트
A March report from Maybank Investment Bank Bhd said the license was “likely to be granted in phases” and that Thailand’s first casino resort was likely to open in “2029.
During the Global Game Expo (G2E) Asia 2024 conference segment in Macau earlier this month, some casino industry insiders warned that casino opportunities in Thailand were constrained by certain risks, particularly whether there was a sound regulatory and institutional framework to attract foreign investors.