Mirroring Singapore’s approach, where gambling spaces constitute only 3% of total complex areas, the Thai government seeks to balance entertainment options with responsible gambling practices. This strategic move aims to attract tourists while minimizing potential social risks associated with gambling.
The proposed project, which will also feature hotels and various other investments, is currently being evaluated by the Finance Ministry for its feasibility. A special House committee has conducted an extensive study on the potential impacts of the development, which will be presented to the Cabinet for further scrutiny.
Key aspects of the project, including its location, regulatory framework, and potential revenue generation, will be discussed with relevant agencies to ensure seamless implementation. The government plans to introduce measures to address any adverse effects of the complex, such as establishing a fund to mitigate gambling-related issues.
To regulate the project effectively, the government is considering new legislation to ensure compliance with existing laws on gambling and entertainment venues. This includes implementing a casino tax and determining appropriate rates for fees and taxes on the gambling component.
As Thailand embarks on developing integrated entertainment complexes, the government aims to foster economic growth while maintaining responsible gambling practices. This initiative is designed to benefit the country’s economy and its citizens, ensuring sustainable development and social responsibility.
Among the notable figures involved in the project are local officials and community leaders, whose participation underscores the collective effort to balance economic benefits with the well-being of Thai society. Their insights and contributions will be crucial as the project moves forward.
