Casinos coming to Thailand? This time it just might happen

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Jun
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Re: Casinos coming to Thailand? This time it just might happen

Post by Jun »

Gaybutton wrote: Sun Sep 08, 2024 6:33 pmObviously you don't like casinos, but I do. If they are built and opened, I plan to be there.
I won't mind at all if they build one or two casinos well away from existing infrastructure.

However, the largest market is probably going to be Chinese and perhaps Thais ? If large numbers of Chinese show up, they will be building hotels and restaurants to cater to them. In the case of Sihanoukville, they ruined large parts of the town, replacing existing infrastructure with hotels and restaurants catering to the Chinese market. Which then dried up.

Hopefully, it won't get to that in Thailand, but on the other hand, there is a risk that even Casino customers like yourself & Rocket won't like the side effects from legalising casinos.
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Re: Casinos coming to Thailand? This time it just might happen

Post by Gaybutton »

Jun wrote: Sun Sep 08, 2024 8:26 pm I won't mind at all if they build one or two casinos well away from existing infrastructure.
If I'm right about where they would build in Pattaya, I doubt it would have any impact at all on the Pattaya part of Pattaya.

The tour buses would probably take the Chinese to the casino. They don't seem to want to go 10 metres unless they're on a bus. Are the Chinese even allowed to gamble in casinos?
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Re: Casinos coming to Thailand? This time it just might happen

Post by Jun »

Gaybutton wrote: Sun Sep 08, 2024 9:13 pmAre the Chinese even allowed to gamble in casinos?
AFAIK, not in China, but they can gamble in Macau, possibly Hong Kong and any other country that permits it ?

Just like Thais can gamble once they cross the nearest border.

When the time comes, I would bet money that any Casino built in Pattaya would be within 200m of the beach. That's the closest I'll get to Casino gambling. I wouldn't rule out the signs being mainly in Chinese.
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Re: Casinos coming to Thailand? This time it just might happen

Post by Gaybutton »

Jun wrote: Sun Sep 08, 2024 10:34 pm When the time comes, I would bet money that any Casino built in Pattaya would be within 200m of the beach.
I wouldn't worry about it too much. By the time casinos are built and open, along with trams, monorails, fixing the drainage problems, finishing all the constant road construction, traffic problems have been resolved, corruption and tea money has ended, and sidewalks cleared of obstructions, the Andromeda galaxy will have merged with the Milky Way . . .
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Re: Casinos coming to Thailand? This time it just might happen

Post by Rocket »

I’m looking forward to casinos coming to Pattaya. However Jun brings up a good point about decimating of existing places like Jomtien complex.

I don’t think there’s enough room there. Possibly that area of land next to view Taley 5 and north to Pratumnak. When I owned a condo at vt 5 I was always worried about someone building there.

Hopefully GB is correct and it will be built on the dark side. I would gladly trade jomtien complex and boys town to have the old Sunee plaza back.

I wonder how the casino would be. Probably whatever the Chinese like. I want roulette with only one green on it.
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Re: Casinos coming to Thailand? This time it just might happen

Post by Gaybutton »

Rocket wrote: Mon Sep 09, 2024 9:04 am I wonder how the casino would be. Probably whatever the Chinese like. I want roulette with only one green on it.
Whatever gambling games will be there, I hope they do what Meyer Lansky proved: Run the games honestly and never cheat your gamblers. You will still make a huge profit based on the odds alone.
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Re: Casinos coming to Thailand? This time it just might happen

Post by Gaybutton »

"This complex would include resorts, shopping areas, hotels, amusement parks, and restaurants, with the casino occupying no more than ten percent of the total space."

Many of the Las Vegas casinos do it similar to that, but it's all housed within the casinos themselves. No telling how it will be done in Thailand. Along with that, for now all we can do is guess where the casinos will even be, how big they'll be, what gambling games there will be, or anything else.
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Deputy PM Anutin Backs Cannabis Decriminalization and Regulated Casino Complexes

By Tanakorn Panyadee

9 September, 2024

Deputy Prime Minister Anutin Charnvirakul commented on two major issues this morning in Bangkok: Cannabis and Casinos.

Regarding cannabis, Anutin affirmed that his party, Bhumjaithai, supports maintaining the decriminalization of cannabis for medical purposes. He plans to reintroduce his bill to regulate the plant without recriminalizing it as an illegal narcotic, a move that was controversially proposed by former Prime Minister Srettha Thavisin.

Anutin expressed confidence that the new coalition government, led by Prime Minister Paetongtarn Shinawatra, will endorse this plan. This stance is expected to instill confidence among investors and the public while preventing the potential closure of thousands of businesses.

As for casinos, Anutin stated that the Bhumjaithai Party supports the concept but emphasized that any casino must be part of a comprehensive entertainment complex. This complex would include resorts, shopping areas, hotels, amusement parks, and restaurants, with the casino occupying no more than ten percent of the total space. He reiterated that this proposal does not legalize gambling but permits highly regulated and limited casino operations under strict rules.

https://tpnnational.com/2024/09/09/depu ... complexes/
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Re: Casinos coming to Thailand? This time it just might happen

Post by Gaybutton »

This is good news for those in favor of casinos in Thailand (me). I can't imagine a major Macau based casino company is going to start setting up offices in Thailand without knowing something. To me that indicates there is much more going on behind the scenes than merely hoping Thailand's legislature is going to approve casinos.

I, for one, enjoy casinos. If one opens in or near Pattaya, I'd like to be there the first day.

And Jun - I'm going to beat you to it by saying it will be no surprise to me if major tea money is involved.

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Macau casino operator opens Thai office

Melco bullish on prospects for tourism and entertainment market growth in Thailand

by Molpasorn Shoowong

January 9, 2025

Melco Resorts & Entertainment, an operator of casinos in Macau, plans to invest in integrated resorts and hotels in Thailand, banking on the country’s robust tourism industry and culture — and approval of legalised gambling.

Thailand is a top tourism country with great hospitality and a unique culture, said Lawrence Ho, chairman and chief executive of Melco.

Season 3 of the globally popular HBO TV series The White Lotus should help make Thailand a top destination this year, he said.

Speaking at a Thailand Creative Culture Agency (THACCA) event this week, Mr Ho said the company set up a new office in Bangkok to explore new opportunities and collaboration.

He said Melco is awaiting clarity on investment regulations from the government in terms of entertainment complexes with casinos to better determine the size and budget for any projects it undertakes.

Large cities such as Bangkok and Phuket offer great potential for such projects, said Mr Ho.

A Thai government committee is currently deciding how many casino complexes will be built in the country. When a number is decided, it will present the matter to the cabinet for approval, as required under the current version of a bill that would clear the way for legalised gambling.

Melco operates six integrated resorts in Macau, the Philippines, Sri Lanka and Cyprus, attracting 21 million visitors in total last year.

Mr Ho said visitors to its resorts typically stay 30% longer and spend 3-4 times more than at resorts operated by competitors thanks to Melco’s entertainment, culture and content.

Tourism in Asia should continue to grow this year, said Mr Ho.

Melco is partnering with THACCA to launch “Global Soft Power Talks”, which will bring global creative experts to Thailand for a forum on NBT TV on Feb 24.

The event will features creative experts from five industries — culinary, branding, design, architecture and performing arts — highlighted by Alain Ducasse, who has received 21 Michelin stars, and Mathieu Lehanneur, who designed the Paris 2024 Olympic torch.

The partnership offers a three-month intensive training programme for five selected Thai students with these experts in the US, UK, Italy, France and Macau.

Surapong Suebwonglee, chairman of the National Soft Power Development Committee, said Thai soft power has strong potential to grow, but in past years was not developed as it should have been.

He said elevating soft power requires collaboration with world-class foreign experts, not only basic skills training.

The committee targets reskilling and upskilling more than 20 million people by 2027.

The committee plans to train 5,000 chefs this year, while 400 Muay Thai gyms are open to train more than 100,000 people.

https://www.bangkokpost.com/business/ge ... hai-office
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Re: Casinos coming to Thailand? This time it just might happen

Post by Dodger »

Here they go "tossing the stone" again.

Regardless of how many news releases there are regarding to legalization of gambling it's still in the "conceptual stage". Meaning there hasn't even been political consensus yet.

You would think they would have learned from the cannabis debacle to avoid even breathing the word "legalization" until firm consensus has been reached and the laws have been changed and entered in the Royal Gazette.

Anutin now pushing to have cannabis legalized only for "medical purposes" is nothing more than a political maneuver to save face - knowing that, of the thousands of businesses that started when cannabis was announced as being legal, the majority will have to close anyway...especially if they intend for cannabis to be permitted for medical purposes only. My guess is that less than 10% of the cannabis on the market today is for medical purposes. So who's kidding who. It would be like legalizing "prostitution" for medical purposes only... :lol:
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Re: Casinos coming to Thailand? This time it just might happen

Post by Jun »

The nearest I've been to a Casino was once owning shares in a company that operated them. However, the odds were in my favour there, which can never be the case for their customers.
As the expected return is negative, I won't be visiting.

I also think they can be very bad news. For a start, they might attract more Chinese tourists.
If profitable, they will build more of the damn things, plus hotels or restaurants to cater to whoever is using them. That includes demolishing whatever is occupying the site that they want.

The best type of casino would be located hundreds of miles away from anywhere I want to go. Poipet is close enough.

Where's the pleasure in gambling, when you know the odds are against you?
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