{"id":777014769,"date":"2024-04-16T09:43:53","date_gmt":"2024-04-16T12:43:53","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777014769"},"modified":"2026-04-22T11:07:20","modified_gmt":"2026-04-22T14:07:20","slug":"thai-ministry-of-finance-to-work-with-other-government-bodies-on-casino-feasibility-study","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/thai-ministry-of-finance-to-work-with-other-government-bodies-on-casino-feasibility-study","title":{"rendered":"Thai Ministry of Finance to work with other government bodies on casino feasibility study"},"content":{"rendered":"\n<p>The Finance Ministry will work with 16 government agencies.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Thailand.- The Thai Ministry of Finance will work with<strong> 16 government agencies <\/strong>to explore the viability of allowing casino complexes. The news comes after <a href=\"https:\/\/focusgn.com\/asia-pacific\/thai-ministry-of-finance-to-study-feasibility-of-casinos\" target=\"_blank\" rel=\"noreferrer noopener\">cabinet approval<\/a>\u00a0of a report compiled by a special House committee.<\/p>\n\n\n\n<p>According to The Nation, the Ministry of Finance will collaborate with the ministries of Tourism and Sports, Social Development and Human Security, Higher Education Science Research and Innovation, Agriculture and Cooperatives, Transport, Interior, Justice, Labour, Culture, Education, Public Health, and Industry. Moreover, the Office of the Council of State, the National Economic and Social Development Council, the National Office of Buddhism, and the Royal Thai Police will also contribute to the evaluation.<\/p>\n\n\n\n<p>The report, by a House panel led by deputy finance minister\u00a0<strong>Julapun Amornvivat<\/strong>, suggests that the government should allow entertainment complexes with casinos to boost the economy and dissuade the use of illegal casinos. The complexes would have casinos, hotels, shopping malls and amusement parks and would require an investment of at least THB100bn (US$2.75bn).\u00a0<\/p>\n\n\n\n<p>Prime minister<strong>\u00a0Srettha Thavisin<\/strong>\u00a0has said he is in favour of the legalisation of casinos.\u00a0<strong>MGM Resorts International<\/strong>\u00a0and\u00a0<strong>Galaxy Entertainment Group\u00a0<\/strong>have already\u00a0<a href=\"https:\/\/focusgn.com\/asia-pacific\/galaxy-and-mgm-resorts-explore-casino-opportunities-in-thailand-and-uae\" target=\"_blank\" rel=\"noreferrer noopener\">shown interest in the possibility of casino resorts in Thailand<\/a>.<\/p>\n\n\n\n<p><a target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/study-suggests-casino-legalisation-would-boost-tourism-revenue-in-thailand\" rel=\"noreferrer noopener\">A previous study<\/a>&nbsp;suggested that Thailand\u2019s tourism revenues could increase by US$12bn if casinos are legalised at large entertainment complexes. It was estimated that the average tourist spend could increase by 52 per cent to THB65,050 (US$1,790) per trip.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Finance Ministry will work with 16 government agencies.<\/p>\n","protected":false},"author":176,"featured_media":777014182,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Thailand's Ministry of Finance, in collaboration with 16 government agencies, is evaluating the feasibility of legalizing integrated casino resorts. This initiative follows cabinet approval of a House committee report advocating for such complexes to stimulate the economy and counter illegal gambling, with potential investments exceeding US$2.75bn and significant tourism revenue growth.","focusai_entities":"Thai Ministry of Finance, Ministry of Tourism and Sports, Ministry of Social Development and Human Security, Ministry of Higher Education Science Research and Innovation, Ministry of Agriculture and Cooperatives, Ministry of Transport, Ministry of Interior, Ministry of Justice, Ministry of Labour, Ministry of Culture, Ministry of Education, Ministry of Public Health, Ministry of Industry, Office of the Council of State, National Economic and Social Development Council, National Office of Buddhism, Royal Thai Police, Julapun Amornvivat, Srettha Thavisin, MGM Resorts International, Galaxy Entertainment Group","focusai_location":"Thailand","focusai_target_profile":"ceo_executive (0.95), regulator (0.98), compliance_legal (0.92), operator_casino (0.97), payments_fraud_aml (0.85), investor_analyst (0.96), supplier_vendor (0.88), journalist_researcher (0.93)","focusai_suggestions":[{"label":"Regulatory Timeline & Framework?","query":"What is the projected timeline for the Thai government to finalize its regulatory framework for integrated casino resorts, and what specific B2B\/B2C licensing requirements are anticipated?"},{"label":"Investment & Economic Impact?","query":"Beyond the initial THB100bn investment, what are the detailed economic projections for GGR, NGR, and ancillary tourism revenue growth, and how will these be measured?"}],"footnotes":""},"categories":[154,16333],"tags":[23911,23907],"class_list":["post-777014769","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-legislation-news","category-south-east-asia-news","tag-gambling-regulation","tag-land-based-casino"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777014769","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777014769"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777014769\/revisions"}],"predecessor-version":[{"id":777014781,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777014769\/revisions\/777014781"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/777014182"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777014769"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777014769"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777014769"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}