IN BRIEF
|
casinos and gambling. This bill, which could transform the entertainment landscape in Asia, emerges after decades of prohibition. Long considered a sensitive and controversial topic, this legislative change aims to stimulate the economy while combating the illegal activitiesthat plague the sector. As the country aspires to become a destination of choice for international tourists, the opening of casinos raises complex questions about the social and economic impacts of this initiative. Thailand, after decades of banning gambling, is set to become a new entertainment hub in Asia with the recent adoption of a law regulating the operation of casinos. This initiative is led by the Thai government, whose aim is to boost the tourism sector while combating illegal establishments. Although the legalization of gambling raises concerns in a predominantly Buddhist society, the project aims to attract foreign tourists and boost the country’s economy. A controversial bill The Thai government, through its Ministry of Finance, recently introduced a bill legalizing gambling
. The text speaks of “entertainment complexes” rather than casinos, a clever way of alleviating the reluctance of a population worried about the harmful impacts of gambling. Games have long been banned in the kingdom, with the exception of national lottery and horse racing. This project was meticulously designed to include measures to prohibit access tominors
under 20 years old and impose entry fees for Thais, while
foreign tourists will enjoy free entry. The sites selected for the establishment of casinos include the capitalBangkok , as well as popular tourist destinations such asPattaya , Chiang Mai
And Phuket . An economic lever for the country The legalization of casinos in Thailand represents a real economic turning point. The sector sightseeingis already a pillar of the Thai economy, and the addition of casinos could significantly increase the country’s attractiveness for international visitors. Inspired by the model of Singapore , where the gaming industry has contributed to economic development, the government hopes to generate substantial tax revenues that will finance various public initiatives. At the same time, the government maintains that this project also aims to regulate the gaming market and contain casinos.clandestine
which proliferate at the borders with
Cambodia , Laos AndBurma . Thanks to legalization, the authorities plan to better control this sector and protect citizens from the dangers of unregulated games.Reactions and uncertainties
The legalization plan has sparked debate. On the one hand, opponents point to the potentially devastating effects of gambling on families, particularly due to the debts and addictions that come with it. These are concerns that resonate particularly in a society where the majority of people are Buddhists , a religion that advocates moderation and temperance. On the other hand, supporters of legalization argue that it could offer a positive alternative by attracting wealthy tourists and supporting the local economy. Authorities are closely monitoring the reactions of neighboring countries such as thePhilippines and Macau , which already have lucrative gaming systems. Thailand must also navigate economic necessity and its societal values.Implications for the region
Legalizing casinos in Thailand could have significant repercussions for the
gambling industry in neighboring countries. For example, a large proportion of gamblers in Cambodian casinos are Thai. If these establishments face a decrease in their clientele, this could lead to the closure of 30 to 40 casinos in the region. As a result, thePhilippine government
is also considering creating more tourist complexes, including casinos, to maintain its attractiveness. The situation is therefore complex: although the legalization of casinos in Thailand aims to stimulate the economy, it also raises major challenges, both economically and socially. The question remains: will this initiative be an opportunity for economic renewal or will it exacerbate the problems related to gambling? Main axis : Legalization of casinos in ThailandObjective
: Boost the tourism sector
Entertainment complexes : Integration of hotels and shopping malls Location : Five projected locations, including Bangkok and Pattaya Expected impact
: Fight against illegal gambling
- Consequence control: Measures against addictions
- Taxation: Attractive tax rate of 17%
- Regional reaction: Surveillance by Singapore and Cambodia
- Economic consequences: Attract a wealthy foreign clientele
- FAQs on casino legalization in ThailandWhat motivated Thailand to legalize casinos?
- The Thai government aims to boost the tourism sector and strengthen the economy, while combating illegal casinos that escape state control.What types of gaming establishments will be permitted?
- The casinos will be integrated into leisure complexes including hotels, convention halls, shopping centers or theme parks.Where will the casinos be located in Thailand?
- A priori, the casinos will be located on five sites: two in Bangkok, and three others in Pattaya, Chiang Mai and Phuket.What will be the criteria for access to casinos?
- Casinos will be banned for those under 20 and will be free for foreigners, while Thais will have to pay 140 euros to access them.How will the legalization of casinos impact the country?
The government hopes to attract more foreign tourists, which will increase state revenues through taxation of this lucrative activity and regulate illegal gambling.
What model does Thailand follow for its gaming policy? Thailand is modeled after Singapore, where the gaming industry has boosted tourism and economic growth.
What impact will the legalization of casinos have on neighboring countries? If legalization comes to fruition, countries like Cambodia could experience a sharp drop in activity at their casinos, as the majority of players come from Thailand.
Will legalizing casinos eliminate illegal gambling? Experts say legalization will not eliminate illegal gambling, which will continue to attract many Thai gambling addicts.