{"id":777018825,"date":"2024-09-06T09:24:04","date_gmt":"2024-09-06T12:24:04","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777018825"},"modified":"2026-04-22T06:21:33","modified_gmt":"2026-04-22T09:21:33","slug":"thai-government-to-move-forward-with-casino-bill","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/thai-government-to-move-forward-with-casino-bill","title":{"rendered":"Thai government to move forward with casino bill"},"content":{"rendered":"\n<p>A public hearing found 80 per cent in support of the project.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Thailand.- Deputy finance minister Julapun Amornvivat has announced that the government will move forward with the bill to legalise\u00a0<a href=\"https:\/\/focusgn.com\/asia-pacific\/thai-ministry-of-finance-to-study-feasibility-of-casinos\" target=\"_blank\" rel=\"noreferrer noopener\">entertainment complexes with casinos<\/a> after 80 per cent of attendees at a public hearing supported the project. According to The Bangkok Post, the bill will be revised based on the feedback from the hearing and then submitted to the cabinet for decision.<\/p>\n\n\n\n<p>The proposed legislation includes 30-year casino licences, with the option for a 10-year renewal. Casinos would be part of large entertainment complexes with hotels, convention centres, and amusement parks. In May,\u00a0Julapun Amornvivat suggested that the casino component would be\u00a0<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\n\n\n<p>The draft bill stipulates that complexes should be located in designated areas and operated by companies registered in Thailand with a minimum paid-up capital of THB10bn (US$283m). A policy panel led by the prime minister and a regulatory agency would oversee the industry.<\/p>\n\n\n\n<p>Five locations are considered potential hosts: two in Bangkok, and one each in the Eastern Economic Corridor, Chiang Mai, and Phuket. Authorities hope IRs could increase tourism revenue by US$12bn.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A public hearing found 80 per cent in support of the project.<\/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 government is advancing legislation to legalize integrated resorts (IRs) with casinos, following 80% public support. The proposed bill includes 30-year licenses, significant capital requirements for operators, and a regulatory framework overseen by a prime minister-led panel. This initiative aims to boost tourism revenue by an estimated US$12bn, with potential locations identified across the country.","focusai_entities":"Julapun Amornvivat, The Bangkok Post","focusai_location":"Thailand, Bangkok, Eastern Economic Corridor, Chiang Mai, Phuket","focusai_target_profile":"ceo_executive (0.95), regulator (0.9), compliance_legal (0.85), operator_casino (0.98), investor_analyst (0.95), supplier_vendor (0.8), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Governance Frameworks?","query":"What specific governance frameworks will be implemented to ensure responsible gambling and prevent illicit financial flows within these new integrated resorts, particularly concerning AML and player protection?"},{"label":"Operator Capital Impact?","query":"How will the proposed THB10bn paid-up capital requirement impact the competitive landscape, potentially favoring large international consortia over domestic operators, and what are the implications for market concentration?"}],"footnotes":""},"categories":[156,158,16333],"tags":[23911,23907],"class_list":["post-777018825","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-regulation-news","category-slider-home","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\/777018825","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=777018825"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777018825\/revisions"}],"predecessor-version":[{"id":777018850,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777018825\/revisions\/777018850"}],"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=777018825"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777018825"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777018825"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}