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Parliamentary committee ready to submit findings of Thai casino study

Newsdesk by Newsdesk
Mon 25 Jul 2022 at 05:21
Thai parliament to launch study into potential IR development

Bangkok, Thailand

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A parliamentary committee studying the feasibility of opening Thailand’s first legal casinos says it is ready to submit its findings.

The Bangkok Post is reporting that the findings were approved by the committee last week, according to spokeswoman Pada Vorakanon, after it completed an exhaustive review process that included 24 meetings to examine and discuss the results. They will be forwarded to the House speaker by this Wednesday 27 July.

The results are said to include a comprehensive report covering tax collection, negative impact mitigation measures, potential locations, possible investment formats and the incorporation of gaming into larger integrated resort complexes.

It is believed the committee will propose the development of up to five casino resorts nationwide – one in each of Thailand’s five regions. These would include casinos in Bangkok, to the north in either Chiang Rai or Chiang Mai, to the south in Phuket, Phangnga or Krabi, to the northeast in Ubon Ratchathani, Udon Thani or Khon Kaen, plus a central casino in Pattaya.

A 30% tax rate has also been proposed.

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Newsdesk

The IAG Newsdesk team comprises some of the most experienced journalists in the Asian gaming industry. Offering a broad range of expertise, their decades of combined know-how spans multiple countries across a variety of topics.

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