Thai Government Plans Casino Legalization Amid 80% Public Support

Thailand's proposal to legalize casinos within entertainment complexes has received substantial public support, with approximately 80% of over 70,000 participants backing the draft legislation during a consultation held from February 28 to March 14. The government aims to legalize these establishments by 2025 to enhance tourism, boost tax revenue, and regulate illegal gambling activities. However, there are concerns regarding potential gambling addiction, the high barriers to entry for locals, and whether the benefits will primarily favor large corporations. Critics argue the government is rushing the process without adequate feasibility studies, citing risks observed in other regions like Macau and the Philippines. In response, the government is considering adjustments to make it easier for local players to participate in the upcoming casinos. Prominent global gaming companies have expressed interest in entering the Thai market amid these developments.