TO DISCUSS YOUR PROJECT OR LEARN MORE ABOUT OUR SERVICES:

  • This field is for validation purposes and should be left unchanged.

Is Thailand Ready For Legalized Gambling?

Category: Tourism, Posted:16 Jan 2021 | 13:38 pm

Topping Thailand’s economic news are comments by the Prime Minister that he is willing to consider opening up gambling, according to the Bangkok Post.

With the Thai economy struggling at funding an economic recovery process that has been under extreme duress by Covid-19, the question now will the pandemic be an accelerator of a long-lasting national debate over legalizing gambling?

The news also states that the government is currently soliciting public opinion on the subject, while at the same time is embroiled in issues over illegal gambling, money laundering, and health and safety issues with Covid-19 illegitimate gatherings for gaming activities.

Certainly, the country could use much-needed tax revenue to fund infrastructure, social welfare, and economic stimulus. While the nation’s tourism industry already has the capacity to house casinos and an infrastructure that can easily fast-track a new, and much-needed visitor segment.

With Vietnam, Singapore, the Philippines, Cambodia, and even Japan now embracing legalized gaming, should Thailand now change course? The conversation is coming into the mainstream, so stay tuned.

Other News

Read more

New Niseko Tourism and Property Market Update from C9 Hotelworks

Category: Hotels|Real estate|Tourism, Posted:04 Oct 2022 | 08:19 am Japan’s upcoming tourism reopening on 11 October has created an onslaught of bookings for the winter season in Asia’s leading alpine destination – Niseko. As the favorable dollar yen exchange rate and the low-interest regime have spurred investors’ interest. C9 Hotelworks takes a closer look at this dynamic marketplace. Despite the government’s closed border policies […]
Read more

Thailand’s Monsoon Baht Debacle Lights Fire to Phuket Real Estate Market

Category: Real estate, Posted:02 Oct 2022 | 11:23 am As Thailand’s monsoon season continues with what seems to be an endless line-up of thunderstorms and massive rain showers, the real story in Thai real estate is the baht. The Thai currency is precariously sitting at a 16-year low against the US dollar and has depreciated by nearly twelve percent this year. As the exchange […]
Read more

How Urban Flight and Lifestyle Seekers Have Changed Phuket Real Estate

Category: Real estate, Posted:25 Sep 2022 | 10:44 am Urban flight and a continuous stream of incoming lifestyle residents to Phuket are dramatically shifting Southeast Asia’s leading resort real estate market landscape. The new island property mantra is dominated by surging demand for single-family homes and larger condominiums. Phuket has witnessed a sharp change from 2019 when over 9 million tourists sought a place […]
SiaJai logo

Thailand's Leading Homecare Marketplace