{"id":777026314,"date":"2025-05-12T10:03:36","date_gmt":"2025-05-12T13:03:36","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777026314"},"modified":"2026-04-21T23:05:37","modified_gmt":"2026-04-22T02:05:37","slug":"bank-of-thailand-warns-legalisation-of-casinos-poses-risk-to-countrys-image-and-economy","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/bank-of-thailand-warns-legalisation-of-casinos-poses-risk-to-countrys-image-and-economy","title":{"rendered":"Bank of Thailand warns legalisation of casinos poses risk to country&#8217;s image and economy"},"content":{"rendered":"\n<p>The governor of the Bank of Thailand says the country must project an image of &#8220;integrity and transparency.&#8221;<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Thailand.- <strong>Dr. Sethaput Suthiwartnarueput<\/strong>, the governor of the Bank of Thailand (BOT) has warned that <a href=\"https:\/\/focusgn.com\/asia-pacific\/thai-fiscal-policy-office-issues-12-point-statement-backing-casino-bill\" target=\"_blank\" rel=\"noreferrer noopener\">legalising casino resorts<\/a> could create a &#8220;grey&#8221; image of the country and pose economic risks.<\/p>\n\n\n\n<p>Speaking at a recent press event, Suthiwartnarueput said Thailand should maintain a &#8220;correct&#8221; and &#8220;clean&#8221; image. He said that instead of legalising entertainment complexes, the country should focus on creating &#8220;added value&#8221; by exploring areas such as elderly care that appeal to a global market.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"900\" height=\"600\" src=\"https:\/\/focusgn.com\/asia-pacific\/wp-content\/uploads\/sites\/5\/2025\/05\/YP76FPHQOZOYBC2YYQRI7RVWLQ-900x600.jpg\" alt=\"Dr Sethaput Suthiwartnarueput, governor of the Bank of Thailand.\" class=\"wp-image-777026316\" srcset=\"https:\/\/focusgn.com\/asia-pacific\/wp-content\/uploads\/sites\/5\/2025\/05\/YP76FPHQOZOYBC2YYQRI7RVWLQ-900x600.jpg 900w, https:\/\/focusgn.com\/asia-pacific\/wp-content\/uploads\/sites\/5\/2025\/05\/YP76FPHQOZOYBC2YYQRI7RVWLQ-600x400.jpg 600w, https:\/\/focusgn.com\/asia-pacific\/wp-content\/uploads\/sites\/5\/2025\/05\/YP76FPHQOZOYBC2YYQRI7RVWLQ-300x200.jpg 300w, https:\/\/focusgn.com\/asia-pacific\/wp-content\/uploads\/sites\/5\/2025\/05\/YP76FPHQOZOYBC2YYQRI7RVWLQ.jpg 1080w\" sizes=\"auto, (max-width: 900px) 100vw, 900px\" \/><figcaption class=\"wp-element-caption\">Dr Sethaput Suthiwartnarueput, governor of the Bank of Thailand.<\/figcaption><\/figure>\n<\/div>\n\n\n<p>According to Nation Thailand, Suthiwartnarueput acknowledged the country&#8217;s tourism infrastructure but emphasised the need for continuous improvement. He said Thailand must project an image of integrity and transparency, referring to Moody&#8217;s recent assessment of the country&#8217;s compliance and ethics.<\/p>\n\n\n\n<p>The government delayed discussion of the casino bill\u00a0until the next parliamentary session, which starts on July 2 due to the issues of US tariffs and last month\u2019s earthquake.  <\/p>\n\n\n\n<p><\/p>\n\n\n<div id=\"see-also-container\">\n\t\t\t<span class=\"see-also-label\">See also:<\/span><\/p>\n<div class=\"related-article\">\n\t\t\t\t<img decoding=\"async\" class=\"related-article__thumbnail\" src=\"https:\/\/focusgn.com\/asia-pacific\/wp-content\/uploads\/sites\/5\/2021\/02\/Industry-experts-doubt-that-Thailand-will-legalise-gambling-300x200.jpg\"><\/p>\n<p class=\"related-article__text\">\n\t\t\t\t\t<span class=\"see-also-label-strong\">See also:<\/span> <a href='https:\/\/focusgn.com\/asia-pacific\/thailand-and-china-discuss-cooperation-against-online-gambling'>Thailand and China discuss cooperation against online gambling<\/a>\n\t\t\t\t<\/p>\n<\/p>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>The governor of the Bank of Thailand says the country must project an image of &#8220;integrity and transparency.&#8221;<\/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":"The Governor of the Bank of Thailand, Dr. Sethaput Suthiwartnarueput, has expressed significant reservations regarding the legalisation of casino resorts, citing potential damage to the country's image and economic risks. He advocates for maintaining Thailand's integrity and transparency, suggesting a focus on alternative value-added sectors like elderly care. The parliamentary discussion on the casino bill has been postponed until July 2.","focusai_entities":"Bank of Thailand, Dr. Sethaput Suthiwartnarueput, Moody's, Nation Thailand","focusai_location":"Thailand, US, China","focusai_target_profile":"ceo_executive (0.95), regulator (0.9), operator_casino (0.95), investor_analyst (0.92), supplier_vendor (0.75), journalist_researcher (0.88)","focusai_suggestions":[{"label":"Economic Impact Analysis?","query":"What specific economic models and governance frameworks are being proposed by proponents of casino legalization in Thailand to address the Bank of Thailand's concerns regarding a 'grey' image and potential economic risks?"},{"label":"Market Entry Implications?","query":"How might the prolonged delay in the casino bill discussion impact the competitive landscape for potential integrated resort developers and B2C operators eyeing the Southeast Asian market?"}],"footnotes":""},"categories":[154,16333],"tags":[29,225,342],"class_list":["post-777026314","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-legislation-news","category-south-east-asia-news","tag-casino","tag-legislation","tag-thailand"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777026314","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=777026314"}],"version-history":[{"count":5,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777026314\/revisions"}],"predecessor-version":[{"id":777026337,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777026314\/revisions\/777026337"}],"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=777026314"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777026314"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777026314"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}