Proposal to limit Thai nationals’ casino access faces hurdles, Minister says
A proposal requiring Thai nationals to maintain at least 50 million baht (€1.4 million) in fixed deposit accounts for six months before entering a casino is unlikely to receive cabinet approval, according to Interior Minister Anutin Charnvirakul. The measure, part of the Entertainment Complex Bill drafted by the Council of State, aims to restrict gambling to individuals with substantial financial means.
The Bangkok Post reported that Anutin, who also serves as Deputy Prime Minister and leader of the Bhumjaithai Party, indicated that while the coalition government supports policies aligned with public interest, the proposed requirement could struggle to gain approval. The Thai government continues to assess policies that balance economic benefits with social concerns.
Public feedback and legislative review
The Council of State’s secretary-general, Pakorn Nilprapunt, previously stated that the bill remains open for public consultation until 1 March. Public input will be incorporated into the second stage of legislative deliberation before submission to the cabinet within 50 days after the feedback period concludes.
The Entertainment Complex Bill targets foreign tourism, with strict measures designed to limit Thai nationals’ participation. Lawmakers have raised concerns over potential social issues arising from expanded gambling access, justifying the proposed restrictions as a preventive measure against problem gambling.
Concerns over illegal gambling and foreign casinos
According to the local media report, Deputy Finance Minister Julapun Amornvivat has emphasised that the bill is intended to curb illegal gambling operations, attract foreign investment, and enhance economic growth. However, critics argue that restricting Thai nationals from legally accessing casinos could drive them to illegal gambling venues or foreign casinos in neighbouring countries, undermining the bill’s intended objectives.
Stakeholders are divided over whether the restrictions will be effective in addressing gambling concerns or if they will push local players into unregulated markets. The issue remains under discussion, with further review expected at an upcoming cabinet meeting.
Potential impact on casino investment in Thailand
The proposed restrictions could influence foreign investment in Thailand’s emerging casino sector. Genting Singapore, a major casino operator, has expressed interest in the Thai market but has also highlighted concerns over stringent entry requirements for locals. Industry analysts suggest that limiting local participation may affect investor confidence and deter major international gaming operators from making substantial commitments to Thailand’s casino industry. Further discussion and bill amendments are expected before any final decision is made.
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