Looking at the bigger picture: Srettha says Casinos would bring gambling businesses under the government’s control. — Reuters
PRIME Minister Srettha Thavisin used his first monthly television address as the country’s leader to promote plans for legalising casinos and building a nuclear power plant to curb illegal gambling and reduce electricity costs.
Casinos would bring gambling businesses under the government’s control, while a nuclear power plant would ease public dissent over high energy bills because of its lower generation costs, Srettha said in the recorded TV programme.
“We have to admit that underground gambling is a serious problem and should be solved by legalising,” Srettha said.
A majority of the country’s 500-member House of Representatives in March backed a study by a panel of lawmakers that favoured the setting up of legalised casinos within large entertainment venues to attract high-spending tourists.
It is estimated that the integrated entertainment complexes will help generate total tax revenue of 12 billion baht (RM1.5bil) in the first year of operations, according to the government.
Thailand’s Finance Ministry plans to propose a draft Bill to the Cabinet within three to four weeks seeking to legalise the gambling establishments, according to Deputy Finance Minister Julapun Amornvivat.
The ministry has collected views from 16 related agencies, all of which agreed the casino complexes will boost the nation’s economic growth, he told the media on June 19.
Though most types of betting are illegal in Thailand – a majority Buddhist society – any opening of casinos will be in line with its recent embrace of a more liberal landscape to revive its tourism industry from the pandemic blow.
In 2022, Thailand became the first country in Asia to decriminalise cannabis though it’s now moving to ban its recreational use. It also became the first in South-East Asia to legalise same-sex marriages after the senate last week approved the legislation. — Bloomberg
