{"id":777016148,"date":"2024-06-05T09:28:53","date_gmt":"2024-06-05T12:28:53","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777016148"},"modified":"2026-04-22T09:29:34","modified_gmt":"2026-04-22T12:29:34","slug":"thai-ministry-of-finance-told-to-accelerate-casino-feasibility-study","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/thai-ministry-of-finance-told-to-accelerate-casino-feasibility-study","title":{"rendered":"Thai Ministry of Finance told to accelerate casino feasibility study"},"content":{"rendered":"\n<p> Deputy finance minister Julapun Amornvivat has been assigned to the task.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Thailand.- The Ministry of Finance has been directed to accelerate its study into the possibility of <a href=\"https:\/\/focusgn.com\/asia-pacific\/thai-ministry-of-finance-to-study-feasibility-of-casinos\" target=\"_blank\" rel=\"noreferrer noopener\">allowing entertainment complexes with casinos in the country<\/a>. Government spokesman <strong>Chai Wacharonke<\/strong> said prime minister<strong> Srettha Thavisin<\/strong> had assigned deputy finance minister <strong>Julapun Amornvivat<\/strong> to the task to incorporate insights from a House committee report acknowledged by the cabinet on April 9.<\/p>\n\n\n\n<p>The ministry has been tasked with drafting necessary legislation and regulations to govern such entertainment complexes, with findings to be presented to the cabinet upon completion. According to The Bangkok Post, Wacharonke noted that the integrated entertainment complex industry was valued at US$1.5tn in 2022, with projections indicating growth to US$2.2tn by 2028.<\/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> 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\n\n\n<p>Five locations are considered potential hosts for the project: two in Bangkok, and one each in the Eastern Economic Corridor, Chiang Mai, and Phuket. In May,\u00a0<strong>Julapun Amornvivat<\/strong> suggested that complexes would be allowed to include a casino component of <a href=\"https:\/\/focusgn.com\/asia-pacific\/thailand-casino-floors-not-to-exceed-5-of-potential-ir-space\" target=\"_blank\" rel=\"noreferrer noopener\">no more than around 5 per cent of the project\u2019s total area<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Deputy finance minister Julapun Amornvivat has been assigned to the task.<\/p>\n","protected":false},"author":176,"featured_media":14821,"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 is accelerating its study into legalizing integrated entertainment complexes with casinos, with Deputy Finance Minister Julapun Amornvivat tasked with drafting necessary legislation. This initiative, driven by potential tourism revenue increases of US$12bn and a 52% rise in tourist spend, targets five potential locations and proposes a casino component limited to approximately 5% of the total project area.","focusai_entities":"Julapun Amornvivat, Ministry of Finance, Chai Wacharonke, Srettha Thavisin, House committee","focusai_location":"Thailand, Bangkok, Eastern Economic Corridor, Chiang Mai, Phuket","focusai_target_profile":"ceo_executive (1.0), regulator (1.0), compliance_legal (1.0), operator_casino (1.0), affiliate_publisher (0.7), tech_data (0.7), marketing_crm (0.7), payments_fraud_aml (0.9), investor_analyst (1.0), supplier_vendor (1.0), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Regulatory Timeline","query":"What is the projected legislative timeline for the enactment of integrated resort and casino regulations in Thailand, and what are the key milestones for stakeholder engagement?"},{"label":"Investment Framework","query":"Beyond the 5% casino area limitation, what specific investment incentives, tax structures, and governance frameworks are being considered to attract major international integrated resort developers?"}],"footnotes":""},"categories":[156,16333],"tags":[23911,23632],"class_list":["post-777016148","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-regulation-news","category-south-east-asia-news","tag-gambling-regulation","tag-integrated-resorts"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777016148","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=777016148"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777016148\/revisions"}],"predecessor-version":[{"id":777016164,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777016148\/revisions\/777016164"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/14821"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777016148"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777016148"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777016148"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}