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Thai Government Mulls Capping Gambling Areas to 5% in Entertainment Complexes

May 15, 2024 Thailand iGaming & GamblingIndustry Updates

The government of Thailand is considering imposing limitations on gaming areas inside integrated complexes, a move that could significantly alter the country’s entertainment industry.

The plan, which is backed by Deputy Finance Minister Julapun Amornvivat and was revealed by the Bangkok Post, aims to restrict gaming areas to no more than 5% of the total project area.

Deputy Finance Minister Julapun Amornvivat
Thai Deputy Finance Minister Julapun Amornvivat

Amornvivat emphasized the significance of striking a balance between gaming and non-gaming activities.

She is the chair of the House committee that investigates casino-resort potential.

He said that the decision is based on input from the appropriate governmental entities.

A major step forward was the recent acceptance by the cabinet of a report by the National Assembly regarding casino resorts.

After being granted a 30-day study period, the Ministry of Finance is now requesting an extension, citing challenges with policy review.

Talks transcend money, with each location needing a substantial THB 100 billion investment.

Among the committee’s proposals include creating a unique tax system for casinos and setting aside money to deal with any negative effects on society.

The focal point of the conversation is the legal structure that oversees entertainment establishments.

The study highlights how crucial it is to amend laws to take changing society values into account.

While navigating the intricacies of integrated entertainment complexes, Thailand’s government endeavors to strike a balance between social responsibility and economic prosperity.

See Related Articles: Thailand’s economy expected to grow once casino legalization is approved

Original Story by: Asian Gaming Brief

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