11/24/2023 0 Comments Is there any casino in thailandPrior to the pandemic, tourism contributed roughly one-fifth of the country’s GDP. Thailand’s tourism industry is critical to the country’s economic growth. Our sources believe that both individuals do see the considerable economic value potential not only for tourism but in the creation of jobs,” analyst provider Howard J Klein of Casino Business Review LLC who publishes on Smartkarma.Īmidst the latest developments, US-listed Las Vegas Sands, which has a market capitalization of $44.85 bn as of March 1, is one of the industry players keeping a keen eye on the situation in Thailand. “Any final legislation will have to be approved both by the Prime Minister as well as the King. While the report has been approved by the lower house, it is still awaiting a green light from the Thailand cabinet. This may put Thailand casinos in competition with other Asian counterparts, such as Macau Casinos, in the future. The plan for the same was suggested in a report by a panel of Thai lawmakers, which recommended 22 provinces, including Bangkok Metropolis, for kicking off the new gambling hub. In a bid to give a leg up to its tourism sector, the Thai government is mulling legalising casinos in the country by constructing an entertainment complex featuring a casino.
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