Thailand approves plan to legalise casinos in bid to boost tourism, create jobs

Thailand approves plan to legalise casinos in bid to boost tourism, create jobs
Thailand approves plan to legalise casinos in bid to boost tourism, create jobs

Hello and welcome to the details of Thailand approves plan to legalise casinos in bid to boost tourism, create jobs and now with the details

Nevin Al Sukari - Sana'a - Gambling in Thailand is currently only legal on certain state-run horse races and an official lottery, but illicit betting is widespread. — AFP pic

BANGKOK, Jan 13, — Thailand's Cabinet approved a controversial bill today to legalise gambling in designated "entertainment complexes" to boost tourism and create jobs.

The proposed law would allow casinos to be set up within tourism complexes that would also include theme parks, water parks, hotels and shopping malls.

Gambling in Thailand is currently only legal on certain state-run horse races and an official lottery, but illicit betting is widespread.

"The objectives are to increase revenue, support investment in Thailand and solve illegal gambling," Prime Minister Paetongtarn Shinawatra told reporters.

The bill will go to the Office of the Council of State for drafting before being debated and voted on by lawmakers in parliament -- a process that will likely take months.

Since the end of the Covid-19 pandemic, which hammered Thailand's crucial tourism industry, the kingdom has launched numerous strategies to lure more visitors, such as cutting visa requirements for Chinese and Indian travellers.

Deputy Finance Minister Julapun Amornvivat said the government hopes the entertainment complexes will ultimately boost tourist numbers by 5-10 percent and create up to 15,000 new jobs.

The location for the proposed complexes, and the timetable for their construction, have not been announced.

Conservative forces in Buddhist-majority Thailand have long resisted moves to legalise gambling, even as shady casino complexes have sprung up in neighbouring Cambodia, Laos and Myanmar.

The UN Office on Drugs and Crime warned in a report last year that Southeast Asia's casinos were "foundational pieces of the banking architecture used by organised crime" to launder massive volumes of money. — AFP

These were the details of the news Thailand approves plan to legalise casinos in bid to boost tourism, create jobs for this day. We hope that we have succeeded by giving you the full details and information. To follow all our news, you can subscribe to the alerts system or to one of our different systems to provide you with all that is new.

It is also worth noting that the original news has been published and is available at Malay Mail and the editorial team at AlKhaleej Today has confirmed it and it has been modified, and it may have been completely transferred or quoted from it and you can read and follow this news from its main source.

PREV Philippine religious sect rallies against VP Duterte impeachment
NEXT Island-wide blackout hits Puerto Rico on New Year’s Eve

Author Information

I am Joshua Kelly and I focus on breaking news stories and ensuring we (“Al-KhaleejToday.NET”) offer timely reporting on some of the most recent stories released through market wires about “Services” sector. I have formerly spent over 3 years as a trader in U.S. Stock Market and is now semi-stepped down. I work on a full time basis for Al-KhaleejToday.NET specializing in quicker moving active shares with a short term view on investment opportunities and trends. Address: 838 Emily Drive Hampton, SC 29924, USA Phone: (+1) 803-887-5567 Email: [email protected]