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Thai cabinet approves draft law for casinos, with limits for local gamblers

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Thailand's cabinet on Thursday approved a draft law for casinos and entertainment complexes, as the government looks to attract more tourists and build a major gaming industry.
The Thai Cabinet has approved a draft bill to legalize casinos, aiming to regulate gambling and boost tourism. The proposed law includes strict limits on local gamblers, such as a cap on the number of visits and a minimum entry fee to deter excessive gambling. The legislation seeks to address the underground gambling market, which is currently worth around 500 billion baht ($14 billion) annually, by bringing it under legal oversight. The bill will now move to parliament for further deliberation. If passed, it would allow for the establishment of entertainment complexes that include casinos, potentially transforming Thailand's tourism landscape.

Read the Full Reuters Article at:
[ https://www.msn.com/en-us/news/world/thai-cabinet-approves-draft-law-for-casinos-with-limits-for-local-gamblers/ar-AA1BKnM3 ]