Thailand is quietly rising as the new star of the Asian gambling industry. According to the latest report by Maybank Kim Eng (Thailand), the EBITDA profit margin of Thai casino resorts is expected to reach 34%-49%, potentially surpassing Macau and Singapore to become the top in Asia.This significant
Despite the apparent unity of the ruling coalition in Thailand, undercurrents are swirling around the "Entertainment Complex Act." The government led by Prime Minister Pei Tongtan of the For Thai Party recently decided to postpone the parliamentary debate on this controversial bill until after July
On the eve of the traditional Thai festival Songkran, the debate over "entertainment complexes" and "casinos" has heated up again, sparking widespread social attention and discussion.In response to external skepticism, Thai Prime Minister Peitong Qin Naw recently stated in an interview that the gove
Chiang Mai, Thailand — Former Prime Minister Thaksin Shinawatra responded to the controversy surrounding the "Entertainment Complex Act" within the ruling coalition during a local festival event, emphasizing that the government will not waver in its determination to push forward reforms due to polic
On April 8th, during the routine cabinet meeting in Thailand, the draft of the "Comprehensive Entertainment Venues Management Bill" which was originally scheduled to be submitted to the House of Representatives for review the next day, was suddenly postponed by Prime Minister Prayut Chan-o-cha. Thi
Former Thai Deputy Prime Minister and Finance Minister Kittiratt sarcastically criticized the opposition government's inaction in combating illegal casinos, while opposing the government's proposal to establish legal casinos.Kittiratt made a widely discussed comment on Facebook, questioning why ther
The Thai government reported that a survey in March found that 80% of residents support the construction of entertainment centers with casinos. A former MP questioned the survey results.On March 27, Thai cabinet members passed the "Entertainment Complex Act," which will legalize casino resorts in th
The Philippines is one of the few countries globally where casinos are legalized and operated under state control, and alongside it, a traditional entertainment industry worth over a hundred billion pesos: cockfighting.Here, gambling is not a shady underground business but a legal industry written i
To stimulate investment and tourism, a research report submitted to the House of Representatives shows that Thailand is reconsidering the legalization of casinos. A research report scheduled to be submitted to the parliament on March 28 points out that although the only gambling activities currently
The issue of legalizing casinos in Thailand has been controversial since its proposal. Despite the government's attempt to promote the bill under the name of "entertainment complexes," many critics believe that this move lacks social consensus and could even jeopardize government stability.Particul
The Entertainment Complex Act in Thailand will legalize casinos, amidst growing opposition. Former Prime Minister Abhisit Vejjajiva expressed that the plan would lead to "significant social problems".At a recent meeting about the government's gambling plan, Abhisit (who served as the Prime Minister
Less than a month after the New Year, the government led by Prime Minister Pae Thongthan Shinawatra of Thailand has already started to promote the "Comprehensive Entertainment Business Act B.E.", also known as the "Entertainment Complex Act". The bill was approved by the cabinet meeting on January 1
During the COVID-19 pandemic in 2020, the Marina Bay Sands (MBS) resort in Singapore was eerily quiet, with almost no one in the casinos, hotels, and shopping centers, causing the tourism industry to come to a standstill.Today, Singapore's economy has fully recovered. Marina Bay Sands and Resorts Wo
For any government attempting to legalize casino projects, public opposition is often a hindrance. The latest attempt by the Bai Dongtan government is no exception.Earlier this week, the Gambling Prevention Foundation launched an online petition campaign asking people to sign against the "Entertainm
According to reports from several French media outlets, the upcoming online casino legislation has now been postponed, with a public consultation meeting between the French government and French gambling operators scheduled for next week. Just a week after the French government announced plans to re
The gambling market in Southeast Asia has been tumultuous in recent years. Since the Philippines began cracking down on illegal gambling POGOs, countries like Cambodia and Thailand have seized the opportunity to gradually promote the legalization of local gambling casinos.As a strong competitor in t
