Thailand Withdraws Casino Legalization Bill Amid Political Turmoil
Thailand Withdraws Casino Legalization Bill Amid Political Turmoil

Thailand Withdraws Casino Legalization Bill Amid Political Turmoil

News summary

Thailand's government has decided to withdraw the controversial Entertainment Complex Bill that aimed to legalize five casinos across the country amid growing public opposition and political instability. The bill, which was a key part of the ruling Pheu Thai party's economic policy to boost tourism and attract significant investment, has been postponed following the suspension of Prime Minister Paetongtarn Shinawatra and the collapse of the ruling coalition majority. Despite interest from major gaming operators such as Melco Resorts and Genting Group, the bill's future remains uncertain as the government faces pressure to review or shelve the legislation in light of recent political crises and public sentiment against casino liberalization. Deputy Finance Minister Julapun Amornvivat indicated the bill requires further cabinet review, and political analysts suggest the delay is a strategic move to avoid missteps in a tense political environment. The government has prioritized other urgent matters, including economic challenges and international trade issues, leaving the casino legalization effort on hold for now. While not officially withdrawn, the casino bill's prospects appear dim amid the current political and social climate in Thailand.

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