{"id":296277,"date":"2023-10-30T12:17:18","date_gmt":"2023-10-30T17:17:18","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=296277"},"modified":"2023-10-30T14:07:28","modified_gmt":"2023-10-30T19:07:28","slug":"new-committee-will-examine-issue-of-thailand-casinos","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/new-committee-will-examine-issue-of-thailand-casinos\/","title":{"rendered":"Thailand House of Reps Forms Casino Committee"},"content":{"rendered":"

Just before the conclusion of its current session, Thailand\u2019s House of Representatives voted to form a new 60-member committee that will study the issue of casino gaming in the Southeast Asian country.<\/p>\n

\"Thailand
The Grand Palace in Bangkok, Thailand. A new committee was formed to study allowing casinos in the country. (Image: Tumblr)<\/figcaption><\/figure>\n

The newly formed committee differs from a previous iteration tasked with studying the possibility of paving the way for integrated resorts in the country. The new parliamentary group is broader in scope, as it will examine avenues for boosting Thailand\u2019s economy, including the possibility of entertainment and regulated gaming venues, as well as cracking down on illicit casinos.<\/p>\n

The Pheu Thai Party\u2019s Srettha Thavisin is the country\u2019s newest prime minister, and members of that party voted in favor of the committee, as did members of several other political factions. The committee has 90 days to complete its job.<\/strong><\/p>\n

It\u2019s been 10 months since the \u201cAd-hoc Committee on the Consideration of the Opening of Entertainment Complex, the Collection of Revenue and Taxes from the Legal Casino, the Prevention and the Solution of Illegal Gambling, the Widespread of Electric Gambling Machines, and the Online Gambling\u201d submitted a report on the possibility of bringing casinos to Thailand.<\/p>\n

How Thailand’s Casino Industry Could Take Shape<\/h2>\n

While Thailand lacks the gaming infrastructure seen in other nations in the Asia-Pacific region, including Macau, the Philippines, Singapore, and South Korea, the country is showing signs it\u2019s increasingly open to the idea of integrated resorts.<\/p>\n

\n

In 2021, lawmakers indicated casino gaming could be inching closer to reality. To that end, several committees were created to explore issues<\/a>, including tax collection, where an integrated resort will be located, attracting investment, operations, and impact on local communities.<\/p>\n<\/div>\n

United Thai Nation Party MP Chatchawal Kong-udom, long a proponent of regulated gaming venues in the country, said he\u2019d like to see five entertainment districts, which could include casino resorts, strategically scattered across the country, reports The Bangkok Post<\/em>.<\/p>\n

While Japan is considered the \u201cnext big thing\u201d on the Asia-Pacific gaming landscape, Thailand itself is highly desirable<\/a> for global gaming operators because it\u2019s one of the most visited countries in the region by international tourists. Policymakers there could also be motivated to consider regulated casinos as avenues for boosting government revenue, as well as keeping Thai bettors who often flock to other gaming markets in the region at home.<\/p>\n

Thailand Casinos Could Draw Big-Name Operators<\/h2>\n

It\u2019s not yet clear if Thai lawmakers will approve casinos and establish the necessary framework to make those venues realities. Still, if that happens, it\u2019s likely to draw some of the gaming industry\u2019s biggest names to the country.<\/p>\n

Las Vegas Sands has already indicated that it could be interested in constructing an integrated resort there, and it\u2019s believed Galaxy Entertainment<\/a> and MGM Resorts International feel the same way. All three are established in the region.<\/strong><\/p>\n

The same applies to Genting, Melco Resorts & Entertainment, and Wynn Resorts, though those companies haven\u2019t publicly said they\u2019re evaluating Thailand.<\/p>\n","protected":false},"excerpt":{"rendered":"

Just before the conclusion of its current session, Thailand\u2019s House of Representatives voted to form a new 60-member committee that will study the issue of casino gaming in the Southeast Asian country. The newly formed committee differs from a previous iteration tasked with studying the possibility of paving the way for integrated resorts in the […]<\/p>\n","protected":false},"author":46,"featured_media":228339,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[69069,62,61],"tags":[81913,81897,81901],"acf":[],"yoast_head":"\nNew Committee Will Examine Issue Of Thailand Casinos<\/title>\n<meta name=\"description\" content=\"Thailand House of Reps to examine casino resorts issue.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.casino.org\/news\/new-committee-will-examine-issue-of-thailand-casinos\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New Committee Will Examine Issue Of Thailand Casinos\" \/>\n<meta property=\"og:description\" content=\"Thailand House of Reps to examine casino resorts issue.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.casino.org\/news\/new-committee-will-examine-issue-of-thailand-casinos\/\" \/>\n<meta property=\"og:site_name\" content=\"Casino.org\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Casino.OrgNews\" \/>\n<meta property=\"article:published_time\" content=\"2023-10-30T17:17:18+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-10-30T19:07:28+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/08\/The-Grand-Palace-in-Bangkok-Thailand.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1600\" \/>\n\t<meta property=\"og:image:height\" content=\"1066\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Todd Shriber\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@etfgodfather\" \/>\n<meta name=\"twitter:site\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Todd Shriber\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.casino.org\/news\/new-committee-will-examine-issue-of-thailand-casinos\/\",\"url\":\"https:\/\/www.casino.org\/news\/new-committee-will-examine-issue-of-thailand-casinos\/\",\"name\":\"New Committee Will Examine Issue Of Thailand Casinos\",\"isPartOf\":{\"@id\":\"https:\/\/www.casino.org\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.casino.org\/news\/new-committee-will-examine-issue-of-thailand-casinos\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.casino.org\/news\/new-committee-will-examine-issue-of-thailand-casinos\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/08\/The-Grand-Palace-in-Bangkok-Thailand.jpg\",\"datePublished\":\"2023-10-30T17:17:18+00:00\",\"dateModified\":\"2023-10-30T19:07:28+00:00\",\"author\":{\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/f4cecf70a5032bc4e60eb73fc86d4a85\"},\"description\":\"Thailand House of Reps to examine casino resorts issue.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.casino.org\/news\/new-committee-will-examine-issue-of-thailand-casinos\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.casino.org\/news\/new-committee-will-examine-issue-of-thailand-casinos\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/new-committee-will-examine-issue-of-thailand-casinos\/#primaryimage\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/08\/The-Grand-Palace-in-Bangkok-Thailand.jpg\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/08\/The-Grand-Palace-in-Bangkok-Thailand.jpg\",\"width\":1600,\"height\":1066,\"caption\":\"The Grand Palace in Bangkok, Thailand. The country is aiming to accelerate the casino approval process, but analysts fear regulations will deter US operators. (Image: Tumblr)\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.casino.org\/news\/new-committee-will-examine-issue-of-thailand-casinos\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"News\",\"item\":\"https:\/\/www.casino.org\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Asia Pacific Gaming\",\"item\":\"https:\/\/www.casino.org\/news\/asia-pacific-gaming\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Thailand House of Reps Forms Casino Committee\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.casino.org\/news\/#website\",\"url\":\"https:\/\/www.casino.org\/news\/\",\"name\":\"Casino.org\",\"description\":\"Latest Casino and Gaming News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.casino.org\/news\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/f4cecf70a5032bc4e60eb73fc86d4a85\",\"name\":\"Todd Shriber\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-11-96x96.png\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-11-96x96.png\",\"caption\":\"Todd Shriber\"},\"description\":\"Todd Shriber is a senior news reporter covering gaming financials, casino business, stocks, and mergers and acquisitions for Casino.org. Todd got his start in financial markets as a reporter with Bloomberg News. Later, he became a trader at a Southern California-based long\/short hedge fund, where he specialized in the trading sector and international ETFs leading up to and during the financial crisis. He joined Casino.org in 2019. Currently, Todd analyzes, researches, and writes on ETFs for various web-based publications and financial services firms. Shriber has been featured and quoted in Barron's, CNBC.com, and The Wall Street Journal. His work can also be found on Benzinga, ETF Daily News, ETF Trends, MarketWatch, Fox Business, and Nasdaq.com. He currently resides in Las Vegas, where he enjoys golf and taking his black lab to the dog park. He's also an avid sports fan and likes to wager on college football and the NBA. You can also find him at the three-card poker and roulette table, even though he knows better. Contact Todd at todd.shriber@casino.org.\",\"sameAs\":[\"https:\/\/muckrack.com\/todd-shriber\",\"https:\/\/www.linkedin.com\/in\/toddshriber\/\",\"https:\/\/x.com\/etfgodfather\"],\"url\":\"https:\/\/www.casino.org\/news\/author\/todd-shriber\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"New Committee Will Examine Issue Of Thailand Casinos","description":"Thailand House of Reps to examine casino resorts issue.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.casino.org\/news\/new-committee-will-examine-issue-of-thailand-casinos\/","og_locale":"en_US","og_type":"article","og_title":"New Committee Will Examine Issue Of Thailand Casinos","og_description":"Thailand House of Reps to examine casino resorts issue.","og_url":"https:\/\/www.casino.org\/news\/new-committee-will-examine-issue-of-thailand-casinos\/","og_site_name":"Casino.org","article_publisher":"https:\/\/www.facebook.com\/Casino.OrgNews","article_published_time":"2023-10-30T17:17:18+00:00","article_modified_time":"2023-10-30T19:07:28+00:00","og_image":[{"width":1600,"height":1066,"url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/08\/The-Grand-Palace-in-Bangkok-Thailand.jpg","type":"image\/jpeg"}],"author":"Todd Shriber","twitter_card":"summary_large_image","twitter_creator":"@etfgodfather","twitter_site":"@Casino_Org","twitter_misc":{"Written by":"Todd Shriber","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.casino.org\/news\/new-committee-will-examine-issue-of-thailand-casinos\/","url":"https:\/\/www.casino.org\/news\/new-committee-will-examine-issue-of-thailand-casinos\/","name":"New Committee Will Examine Issue Of Thailand Casinos","isPartOf":{"@id":"https:\/\/www.casino.org\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.casino.org\/news\/new-committee-will-examine-issue-of-thailand-casinos\/#primaryimage"},"image":{"@id":"https:\/\/www.casino.org\/news\/new-committee-will-examine-issue-of-thailand-casinos\/#primaryimage"},"thumbnailUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/08\/The-Grand-Palace-in-Bangkok-Thailand.jpg","datePublished":"2023-10-30T17:17:18+00:00","dateModified":"2023-10-30T19:07:28+00:00","author":{"@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/f4cecf70a5032bc4e60eb73fc86d4a85"},"description":"Thailand House of Reps to examine casino resorts issue.","breadcrumb":{"@id":"https:\/\/www.casino.org\/news\/new-committee-will-examine-issue-of-thailand-casinos\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.casino.org\/news\/new-committee-will-examine-issue-of-thailand-casinos\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.casino.org\/news\/new-committee-will-examine-issue-of-thailand-casinos\/#primaryimage","url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/08\/The-Grand-Palace-in-Bangkok-Thailand.jpg","contentUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/08\/The-Grand-Palace-in-Bangkok-Thailand.jpg","width":1600,"height":1066,"caption":"The Grand Palace in Bangkok, Thailand. The country is aiming to accelerate the casino approval process, but analysts fear regulations will deter US operators. (Image: Tumblr)"},{"@type":"BreadcrumbList","@id":"https:\/\/www.casino.org\/news\/new-committee-will-examine-issue-of-thailand-casinos\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"News","item":"https:\/\/www.casino.org\/news\/"},{"@type":"ListItem","position":2,"name":"Asia Pacific Gaming","item":"https:\/\/www.casino.org\/news\/asia-pacific-gaming\/"},{"@type":"ListItem","position":3,"name":"Thailand House of Reps Forms Casino Committee"}]},{"@type":"WebSite","@id":"https:\/\/www.casino.org\/news\/#website","url":"https:\/\/www.casino.org\/news\/","name":"Casino.org","description":"Latest Casino and Gaming News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.casino.org\/news\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/f4cecf70a5032bc4e60eb73fc86d4a85","name":"Todd Shriber","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/image\/","url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-11-96x96.png","contentUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-11-96x96.png","caption":"Todd Shriber"},"description":"Todd Shriber is a senior news reporter covering gaming financials, casino business, stocks, and mergers and acquisitions for Casino.org. Todd got his start in financial markets as a reporter with Bloomberg News. Later, he became a trader at a Southern California-based long\/short hedge fund, where he specialized in the trading sector and international ETFs leading up to and during the financial crisis. He joined Casino.org in 2019. Currently, Todd analyzes, researches, and writes on ETFs for various web-based publications and financial services firms. Shriber has been featured and quoted in Barron's, CNBC.com, and The Wall Street Journal. His work can also be found on Benzinga, ETF Daily News, ETF Trends, MarketWatch, Fox Business, and Nasdaq.com. He currently resides in Las Vegas, where he enjoys golf and taking his black lab to the dog park. He's also an avid sports fan and likes to wager on college football and the NBA. You can also find him at the three-card poker and roulette table, even though he knows better. Contact Todd at todd.shriber@casino.org.","sameAs":["https:\/\/muckrack.com\/todd-shriber","https:\/\/www.linkedin.com\/in\/toddshriber\/","https:\/\/x.com\/etfgodfather"],"url":"https:\/\/www.casino.org\/news\/author\/todd-shriber\/"}]}},"_links":{"self":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts\/296277"}],"collection":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/users\/46"}],"replies":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/comments?post=296277"}],"version-history":[{"count":5,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts\/296277\/revisions"}],"predecessor-version":[{"id":296318,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts\/296277\/revisions\/296318"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/media\/228339"}],"wp:attachment":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/media?parent=296277"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/categories?post=296277"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/tags?post=296277"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}