A new country is thinking about legalizing casinos?Friday, August 19, 2023
Legislation on casino gambling raises many questions depending on the country. Completely legal in China, partially, and prohibited in Thailand. However, this may not be the case for much longer, as the law is likely to change rapidly. The country is undergoing transformation since the legalization of cannabis. It is attempting to attract as many tourists as possible to stimulate the country's economy. By constructing these gambling establishments, the country aims to attract foreign investments.
A bill that aims to build a casino-resort
In Thailand, you should know that a law prohibits all forms of gambling, only the state lottery is authorized. But recently, the rules have changed, and the whole country experiences upheavals.
A construction project of several hotel complexes with land-based casinos has been submitted to the Thai Parliament. This project is part of a desire to revitalize the country and its economy. These establishments would see the light of day in the main cities of the country such as:
- 🎰 Chiang Rai or Chiang Mai in the north;
- 🎰 Pattaya to the east;
- 🎰 Phuket, Phang-nga or Krabi in the south;
- 🎰 Ubon Ratchathani, Udon Thani or Khon Kaen in the northeast;
- 🎰 Greater Bangkok.
These places are yet to be confirmed by the local government, but this list is from auspicious to apprehend other plans to open casinos thereafter.
Only the players over 20 will be allowed to go to this kind of gambling house, and establishments will be subject to a tax of 30%.
“A project for the construction of several hotel complexes with land-based casinos has been submitted to the Thai Parliament. »
The objective of this project is encourage foreign investors such as tourists or residents of neighboring countries. The country is aiming for multi-billion euro cash inflows with this type of business.
A wind of liberation is blowing over this country
The government is multiplying initiatives to encourage tourists to visit Thailand. You should know that the tourism represents more than 10% of the economy from the country. So, to prevent visitors from fleeing to neighboring countries, the government has put in place a number of new measures.
The first, and not least, is the decriminalization of cannabis, making Thailand the first Asian country to make this decision. The goal here is to attract a new clientele who are fans of recreational marijuana use and make the country a hub for wellness. At the same time, home cultivation of cannabis and hemp is allowed.
We are very far here from the image of a conservative country on a severe diet. But it is still forbidden to smoke in public places for example.
A second law surprised most citizens of the world: the legalization of same-sex unions and are moving closer to an agreement that allows marriages between people of the same sex. The country wishes to promote equality rights and is supporting homosexual couples.
All these developments show the importance of the country adapting to changes in society, without forgetting the business what it can bring to Thailand.