The Thai Cabinet on Monday approved the draft “Entertainment Complex Business Act,” a bill that could pave the way for legalization of casinos in Thailand.
The Office of the Council of State will now review the bill before Parliament considers it.
Thailand aims to capitalize on an economic opportunity long embraced by its neighbors: Cambodia, Singapore, the Philippines, Laos, and Myanmar all have large casino complexes.
A key part of the proposal includes a THB 5,000 ($144) entrance fee for Thai citizens, aimed at regulating local participation, slightly more than the SGD 150 ($110) paid by locals in Singapore.
According to earlier projections, the first casino…
