According to reports, Thailand has issued a draft regulation specifying the requirements for local gamblers to enter casinos.
In mid-January this year, it was reported that the Thai Cabinet approved a bill to legalize physical casinos in the country, with Prime Minister Prayut Chan-o-cha viewing the bill as a means to protect the public and increase national revenue.
Regarding entry requirements, the draft stipulates that Thai locals must have a fixed deposit of at least 50 million Thai Baht (approximately 1.48 million USD) with a minimum deposit period of six months to enter the country's casinos. In addition, there is a proposed entry fee cap of 5000 Thai Baht.
Of course, this is still just a draft, and public hearings will be held; then the law needs to be approved by the Cabinet before being submitted to Parliament for consideration.
It is worth noting that a recent survey in Thailand found that the majority of the opposition opposes the legislation of casinos and online gambling.
Although the bill to legalize physical casinos in Thailand is still just a draft approved by the Cabinet, state-controlled horse racing, official lotteries, and certain sports betting are permitted forms of gambling.
Discussions on the legalization of online gambling have also begun.
