Thailand proposes casinos to boost tourism


Tourists sit on top of a sightseeing tour bus while stuck in afternoon traffic in Bangkok on March 21, 2024. (Photo by Lillian SUWANRUMPHA / AFP)

Bangkok: Thailand can lift tourism revenue by about US$12bil by legalising casinos housed within large entertainment complexes and tackle chronic illegal gambling, according to a study.

Average tourist spending may surge 52% to 65,050 baht per trip once the entertainment hubs are built, netting additional earnings of as much as 448.8 billion baht, according to a study by a panel of lawmakers that’s due to be submitted to parliament today. The extra income generated can bolster the country’s gross domestic product growth by 1.16 percentage points, it said.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Thailand , tourism , casino

Next In Business News

ACE Market-bound GHS posts 1Q net profit of RM1.5mil
AAX redesignates Benyamin Ismail as GM, appoints Bo Lingam as group CEO
Favelle Favco secures RM76.3mil crane orders
IJM confirms MACC, IRB presence at office
CAB Cakaran buys industrial building in Pahang for RM2.8mil
Ringgit firms against greenback on economic resilience
PJBumi forms JV with Chinese firm for oilfield equipment production
Malaysia-born billionaire investor Cheah Cheng Hye puts quarter of wealth in gold
Rianlon’s RM1.27bil project boosts Johor’s high-value manufacturing push
Opensys wins RM22mil cash recycling machines supply contract

Others Also Read