Thailand Advances Plans to Legalize Casinos and Online Gambling
The Thai government aims to boost tourism and economic growth with a draft bill legalizing casinos and exploring online gambling regulation.
- Thailand's cabinet approved a draft bill to legalize casinos within entertainment complexes featuring hotels, malls, and theme parks.
- The legislation seeks to address illegal gambling, generate state revenue, and attract foreign investment to revitalize the economy.
- Former Prime Minister Thaksin Shinawatra, a key supporter of the reforms, advocates for regulating online gambling and integrating cryptocurrency into financial systems.
- The proposed casinos would require Thai citizens to pay an entrance fee, while foreign visitors would have free access, with strict age restrictions in place.
- The draft bill will undergo further review and parliamentary debate, with no specific timeline or locations for casino development announced yet.