{"id":777019135,"date":"2024-09-18T09:50:02","date_gmt":"2024-09-18T12:50:02","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777019135"},"modified":"2026-04-22T05:59:42","modified_gmt":"2026-04-22T08:59:42","slug":"thai-coalition-party-proposes-state-run-casinos","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/thai-coalition-party-proposes-state-run-casinos","title":{"rendered":"Thai coalition party proposes state-run casinos"},"content":{"rendered":"\n

A member of the Bhumjaithai coalition\u00a0has expressed concerns about the bill to legalise casinos.<\/p>\n\n\n\n\n\n\n\n

Thailand.- Korrawee Prissananantakul<\/strong>, a Bhumjaithai MP for Ang Thong, has said that the coalition party is in favour of the bill to legalise\u00a0entertainment complexes with casinos<\/a> but concerned that a few companies may come to dominate the industry. He proposed that the government could explore the option of managing and running the casinos itself, suggesting this would generate income for Thais rather than a select group of investors.<\/p>\n\n\n\n

Bhumjaithai has always supported Pheu Thai’s concept of an entertainment complex, but Prissananantakul said the party is opposed to the construction of integrated resorts (IR) in small cities as it may lead to unfair income distribution.<\/p>\n\n\n\n

Earlier this month, deputy finance minister Julapun Amornvivat<\/strong> announced that the government was going to move forward with the bill to legalise entertainment complexes with casinos after 80 per cent of attendees at a public hearing supported the project. <\/p>\n\n\n\n

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, Julapun Amornvivat suggested that the casino component would be no more than around 5 per cent of the project\u2019s total area<\/a>.<\/p>\n\n\n\n

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

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":"

A member of the Bhumjaithai coalition\u00a0has expressed concerns about the bill to legalise casinos.<\/p>\n","protected":false},"author":176,"featured_media":15191,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"A Bhumjaithai MP has voiced concerns regarding Thailand's proposed casino legalization bill, specifically about potential industry monopolization and inequitable income distribution if integrated resorts are developed in smaller cities. While supporting the entertainment complex concept, the party suggests government-managed casinos to ensure broader economic benefit. The bill outlines 30-year licenses, significant capital requirements, and specific location criteria, aiming to boost tourism revenue by US$12bn.","focusai_entities":"Bhumjaithai, Korrawee Prissananantakul, Pheu Thai, Julapun Amornvivat","focusai_location":"Thailand, Ang Thong, Bangkok, Eastern Economic Corridor, Chiang Mai, Phuket","focusai_target_profile":"ceo_executive (0.9), regulator (1.0), compliance_legal (0.9), operator_casino (1.0), investor_analyst (0.95), supplier_vendor (0.8), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Regulatory Framework Details","query":"What specific governance frameworks and regulatory agencies are proposed to ensure equitable market access and prevent monopolistic practices, beyond the initial licensing terms?"},{"label":"Economic Impact Analysis","query":"How will the proposed government management option for casinos impact the projected US$12bn tourism revenue, and what are the fiscal implications for the Thai treasury versus private sector investment models?"}],"footnotes":""},"categories":[156,16333],"tags":[23911,23907],"class_list":["post-777019135","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-regulation-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\/777019135","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=777019135"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777019135\/revisions"}],"predecessor-version":[{"id":777019154,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777019135\/revisions\/777019154"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/15191"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777019135"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777019135"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777019135"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}