# No more bets! Thailand designates four cities as future casino hubs - Link: https://www.thailand-business-news.com/law/202988-no-more-bets-thailand-designates-four-cities-as-future-casino-hubs - Published: 2025-03-14T21:11:11+07:00 - Author: Carlos Fuitzer Thailand has named four cities as the initial locations for its planned casino entertainment complexes: **Bangkok**, **Chon Buri**, **Chiang Mai**, and **Phuket**. These selections were announced by the special committee overseeing the project, despite ongoing public criticism. ## Key Points * The Thai government’s special committee has proposed Bangkok, Chon Buri, Chiang Mai, and Phuket as the first four locations for new entertainment complexes, which include casinos, sparking public criticism. * The 500-billion-baht project is expected to attract at least 50 million visitors annually, create 40,000 jobs, and boost the country’s economic growth, according to Nikom Boonwiset, vice-chairman of the special committee. * The Entertainment Complex Bill’s presentation to the cabinet has been postponed due to public feedback and concerns, with the Stop Gambling Foundation criticizing the bill for containing loopholes and lacking strict measures to prevent youth gambling. The Thai government’s plan to establish casino entertainment complexes is facing public criticism. The special committee has announced that Bangkok, Chon Buri, Chiang Mai, and Phuket will be the first four locations. The 500-billion-baht project is expected to attract at least 50 million visitors annually and create 40,000 jobs. Each complex will feature a five-star hotel, shopping mall, amusement park, sports arena, convention hall, and exhibition centre, with less than 10% of the space allocated for a casino. ADVERTISEMENT However, the Entertainment Complex Bill’s presentation has been postponed due to growing concerns and objections from protest groups. The Stop Gambling Foundation has criticized the bill for containing loopholes and lacking measures to prevent young people from developing a gambling habit. The foundation is also concerned about potential money laundering through a brokerage company. Thailand’s move follows the model of Singapore, where integrated resorts have bolstered tourism, and aims to compete with regional casino hubs like Macau, Cambodia, and the Philippines. The government projects a 5-10% increase in foreign visitors (targeting 50 million annually) and at least 40,000 jobs, though critics warn of regulatory challenges, drawing parallels to Thailand’s struggles with cannabis legalization in 2022. ### Related**Posts** ### 󠀁[Thailand to Tighten Oversight of App-Based Ride-Hailing Services](https://www.thailand-business-news.com/law/330996-thailand-to-tighten-oversight-of-app-based-ride-hailing-services)󠁿 ### 󠀁[Thailand teams up with South Korean agencies to work on AI and protect copyrights](https://www.thailand-business-news.com/korea/327881-thailand-teams-up-with-south-korean-agencies-to-work-on-ai-and-protect-copyrights)󠁿 ### 󠀁[Thailand is rolling out a new EV tax structure linked to local manufacturing](https://www.thailand-business-news.com/asean/329565-thailand-is-rolling-out-a-new-ev-tax-structure-linked-to-local-manufacturing)󠁿 ### 󠀁[How Location Affects Tax Incentives for Investments in the Philippines](https://www.thailand-business-news.com/asean/324017-how-location-affects-tax-incentives-for-investments-in-the-philippines)󠁿 Thailand is in the process of developing regulations for its proposed casino entertainment complexes, with the “Entertainment Complex Business Act” (also referred to as the Entertainment Complex Bill) being refined following its approval in principle by the Thai Cabinet on January 13, 2025. While the bill has not yet been fully enacted into law—it still requires review by the Office of the Council of State and approval from both the House of Representatives and the Senate—here are the key details on the proposed casino regulations based on the latest developments: ## Licensing and Operational Requirements * **License Costs and Duration**: Operators must be Thai-registered companies with a minimum paid-up capital of 10 billion baht (approximately $286 million). The initial license fee is set at 5 billion baht (around $144 million) for a 30-year term, with an annual fee of 1 billion baht ($30 million). License renewals, possible for up to 10-year extensions, also cost 5 billion baht initially plus the annual 1 billion baht fee. * **Casino Size Limitation**: Casinos are restricted to occupying no more than 10% of the total area of the entertainment complex, which must include at least four non-gaming attractions such as hotels, convention centers, shopping malls, amusement parks, sports arenas, or concert halls. * **Regulatory Oversight**: A new commission, the Office of the Full-Service Entertainment Regulatory Commission, will be established to oversee the gaming industry, set additional regulations, and coordinate with investors. A special committee chaired by the prime minister will finalize details like tax rates, the number of licenses, and specific locations. ## Access and Entry Restrictions * **Thai Nationals**: Initially, a controversial proposal required Thai citizens to have 50 million baht ($1.5 million) in fixed deposits for six months to enter casinos, but this was scrapped in early March 2025 due to its exclusionary nature( only about 10,000 accounts met this threshold). The revised draft now allows entry for Thais with a three-year tax payment history, aiming to broaden access while still deterring excessive gambling. An entry fee of 5,000 baht ($140) per visit remains in place for Thai nationals. * **Foreigners**: Foreign visitors can enter casinos for free, aligning with the goal of boosting tourism. * **Age Restriction**: Individuals under 20 years old are prohibited from entering casino areas. ## Economic and Social Framework * **Taxation**: The proposed gross gaming revenue (GGR) tax rate is 17%, though this is subject to finalization by the regulatory committee. This aims to capture significant revenue, with estimates suggesting up to 187 billion baht ($5.14 billion) annually, or about 1% of Thailand’s GDP. * **Locations**: Four cities have been named for the initial rollout: Bangkok ( two licenses), Chon Buri (encompassing Pattaya), Chiang Mai, and Phuket. Earlier plans mentioned a fifth license for the Eastern Economic Corridor (Chachoengsao, Chon Buri, Rayong), but the current focus is on these four. * **Social Safeguards**: The government emphasizes regulating the “grey economy” of illegal gambling, with strict licensing and oversight to mitigate risks like money laundering, addiction, and crime. The high entry fee for locals and limited casino space are intended to balance economic benefits with social responsibility. ## Current Status and Challenges * **Legislative Process**: After Cabinet approval, the bill underwent public hearings( concluding March 1, 2025), with 80-82% of participants supporting it. However, Prime Minister Paetongtarn Shinawatra has delayed parliamentary debate to further assess public opinion, reflecting ongoing contention. The Council of State has raised objections, arguing the bill may not effectively address illegal gambling and could conflict with existing policies. * **Opposition**: Public polls show significant resistance, with concerns about gambling addiction, social problems, and organized crime. Political parties like Bhumjaithai and the Democrat Party argue the economic benefits don’t outweigh potential downsides, citing Thailand’s existing tourism strengths. * **Timeline**: If passed by mid-2025 as anticipated, the first casinos could open by 2029, ahead of Japan’s Osaka resort timeline. While proponents argue that the legalization of gambling could boost tourism and generate significant revenue for the government, critics caution against potential societal repercussions, such as addiction and the erosion of traditional values. Policymakers face the challenging task of crafting regulations that mitigate these risks while fostering a controlled and transparent gambling environment. Stakeholder consultations, including input from religious leaders, community groups, and economic experts, are expected to play a pivotal role in shaping the final legislation.