Thailand is developing a bill for the legalization of casinos

Thailand is developing a bill for the legalization of casinos

It is planned that such facilities will appear in Bangkok, Phuket, Chiang Mai, and Chonburi. Casino operators will be granted licenses for 30 years with an option to renew for an additional 10 years.

Leading gaming companies, including Galaxy Entertainment Group, MGM Resorts, and Las Vegas Sands, have already expressed interest in the new market.

The bill will soon be sent to Parliament for further consideration and approval. This could position Thailand competitively in the global gaming industry, which, according to IBIS World, reached revenues of $263 billion last year.

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