• Subscribe
  • Magazines
  • About
  • Contact
  • Advertise
Friday 6 June 2025
  • zh-hant 中文
  • ja 日本語
  • en English
IAG
Advertisement
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
  • 中文
No Result
View All Result
IAG
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
  • 中文
No Result
View All Result
IAG
No Result
View All Result

Latest revision to Thai casino bill would require locals to have US$1.5 million in fixed deposits for entry

Newsdesk by Newsdesk
Tue 18 Feb 2025 at 05:40
Thailand casino regulator to be based in Bangkok as governance structure outlined

Bangkok, Thailand

66
SHARES
1.6k
VIEWS
Print Friendly, PDF & Email

A new draft regulation would require Thai nationals to hold at least TBH50 million (US$1.5 million) in fixed deposits for at least six months to be able to enter the nation’s legal casinos, essentially denying access to the vast majority of locals.

According to a report by The Bangkok Post, the updated regulation to Thailand’s entertainment complex bill was issued by the Office of the Council of State on Monday in a move that may deal a hefty blow to hopes of attracting the international investment community.

A proposed TBH5,000 (US$150) entry fee for locals has been retained, adding another barrier to entry for a nation whose per capita GDP stands at around US$7,300. Such constraints seemingly render claims that legalized casinos would help address the issue of Thailand’s many underground casinos as worthless.

Latest revisions also include a stipulation that casinos must be separated from the broader entertainment complex and with their own gates and entrances.

The draft does, however, allow for the maximum casino floor space to be set at 10% of the total resort area, up from a 5% cap previously.

The Bangkok Post revealed Monday that a second round of public hearings for the draft casino law is now underway, running until 1 March, with the revised law to then require further approval by cabinet before being sent to parliament for deliberation.

As previously reported by IAG, many global IR operators have expressed interest in Thailand. Among them Las Vegas Sands, Genting Singapore, Galaxy Entertainment Group, Melco Resorts, Wynn Resorts and MGM Resorts.

RelatedPosts

Concerns over Thailand’s US$1.5 million bank deposit requirement raised by casino supporters and critics alike at TECR roundtable event

Concerns over Thailand’s US$1.5 million bank deposit requirement raised by casino supporters and critics alike at TECR roundtable event

Thu 5 Jun 2025 at 20:06
Former MBS head Tanasijevich: ECs would represent one of Thailand’s largest ever FDI opportunities but regulations must consider mutual benefits

Former MBS head Tanasijevich: ECs would represent one of Thailand’s largest ever FDI opportunities but regulations must consider mutual benefits

Thu 5 Jun 2025 at 19:57
Galaxy, Melco and Wynn to attend major media event “Thai Entertainment Complex Roundtable” alongside Thai voices opposing entertainment complex industry

Thailand Entertainment Complex Roundtable at Grand Hyatt Erawan Bangkok is on today 

Thu 5 Jun 2025 at 06:09
Macao Government Tourism Office to hold roadshow in Bangkok this Friday, all six concessionaires to attend

Macao Government Tourism Office to hold roadshow in Bangkok this Friday, all six concessionaires to attend

Wed 4 Jun 2025 at 23:35
Load More
Tags: casinoEntertainment Complex BillEntry feeThailand
Share26Share5
Newsdesk

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.

Current Issue

Editorial – Foreigner-only casinos: Seize the day

Editorial – Foreigner-only casinos: Seize the day

by Ben Blaschke
Thu 29 May 2025 at 13:38

I was recently asked by someone working at a foreigner-only casino for my thoughts on the outlook for the Asian...

On the brink

On the brink

by Pierce Chan
Thu 29 May 2025 at 13:27

The transition period for Macau’s 11 satellite casinos is set to expire at the end of this year, after which...

A moral defense of gambling

A moral defense of gambling

by Andrew Russell
Wed 28 May 2025 at 18:19

Economist Andrew Russell explores the differences between community benefit and in-principle arguments for the existence of a legal gambling industry...

Face to face

Face to face

by Ben Blaschke
Wed 28 May 2025 at 18:08

Konami caught the eye at the recent G2E Asia show in Macau with its SYNK Vision Tables, which utilize facial...

Evolution Asia
Aristocrat
GLI
Mindslot
Mindslot
Solaire
Hann
Tecnet
Nustar
Jumbo

Related Posts

IGT, Scientific Games help boost AGEM Index in December

AGEM Index holds steady in May despite mixed results from gaming suppliers

by Newsdesk
Thu 5 Jun 2025 at 20:35

The AGEM Index – a monthly stock performance guide comprising 12 global gaming suppliers – fell by 0.1% month-on-month or 1.11 points to 1,741.18 points in May, with Aristocrat and Konami seeing the largest negative contributions. The index was however...

Crown down but Star not ruling out junkets

Star calls for leniency as court hearing to determine size of AUSTRAC fine gets underway

by Newsdesk
Thu 5 Jun 2025 at 20:14

Just weeks after securing an AU$300 million bailout package, Australia’s Star Entertainment Group is fighting to stave off a multi-million fine from AML watchdog AUSTRAC that it says would again bring into question its financial viability. AUSTRAC’s case against Star...

Concerns over Thailand’s US$1.5 million bank deposit requirement raised by casino supporters and critics alike at TECR roundtable event

Concerns over Thailand’s US$1.5 million bank deposit requirement raised by casino supporters and critics alike at TECR roundtable event

by Ben Blaschke
Thu 5 Jun 2025 at 20:06

One of Thailand’s most vocal parliamentary members to speak out against the Entertainment Complex Bill has questioned the government’s honesty in proceeding with a controversial THB50 million (US$1.5 million) bank deposit requirement for locals gambling after operators reiterated their stance...

Former MBS head Tanasijevich: ECs would represent one of Thailand’s largest ever FDI opportunities but regulations must consider mutual benefits

Former MBS head Tanasijevich: ECs would represent one of Thailand’s largest ever FDI opportunities but regulations must consider mutual benefits

by Ben Blaschke
Thu 5 Jun 2025 at 19:57

The legalization of casinos within large-scale entertainment complexes “could be one of the biggest sources of foreign direct investment in history”, but realizing the opportunity will require a fact-driven approach and genuine alignment between the government and operators, according to...



IAG

© 2005-2024
Inside Asian Gaming.
All rights reserved.

  • SUBSCRIBE FREE
  • NEWSFEED
  • MAG ARTICLES
  • VIDEO
  • OPINION
  • TAGS
  • REGIONAL
  • EVENTS
  • CONSULTING
  • CONTRIBUTORS
  • MAGAZINES
  • ABOUT
  • CONTACT
  • ADVERTISE
  • 中文

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • 中文
  • Subscribe
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
  • Events
  • Contributors
  • Magazines
  • Advertise
  • Contact
  • About
  • Home for G2E Asia

© 2005-2024
Inside Asian Gaming.
All rights reserved.

  • 中文
  • English