In a significant policy shift aimed at broadening participation in its emerging gaming industry, Thailand has scrapped plans to limit casino access only to citizens with fixed deposits of at least 50 million baht (roughly $1.5 million).
Deputy Finance Minister Julapun Amornvivat announced Monday that the draft law will now permit Thai nationals with a three-year tax history to enter casinos, replacing the stringent asset criterion that would have excluded over 70 million people.
“This criteria would not be able to solve illegal gambling,” Amornvivat told reporters, adding that only about 10,000 deposit accounts in the country currently exceed 50 million baht. The revised measure is seen as a necessary step to ensure that the booming domestic market can serve as a major draw for foreign investors.
Under the proposed law, a casino entry fee of 5,000 baht remains intact. The draft legislation, which aims to transform Thailand into one of the world’s largest gambling destinations, will soon be submitted to the cabinet for approval and then forwarded to parliament before the current session ends on April 11.
Thailand already permits gambling on state-controlled horse racing, the lottery, and select sports such as boxing, while other forms of betting remain illegal despite widespread illicit activities. A Citi report late last year estimated that nearly half of Thais aged 20 and above could become casino players, potentially propelling the nation to become the world’s third-largest gambling hub.
The government projects that the revamped casino law could attract at least 100 billion baht in new investment, boost foreign visitor numbers by 5 to 10 percent, and generate annual revenues exceeding 12 billion baht. However, the plan faces domestic opposition; a January opinion poll indicated that most Thais are against the casino proposal, with several political parties warning that a gambling industry might exacerbate existing social problems.
As Thailand navigates these changes, the government remains focused on balancing economic growth with social stability, hoping that a more inclusive approach to casino access will unlock substantial investment and tourism opportunities.
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One person was killed and nearly a dozen hurt in a fresh attack on Riyadh's international airport on Sunday, Saudi authorities reported, a day after a strike claimed by Yemen's Houthis killed 13 people and wounded more than 300.
Yemen's Houthis renewed warning to airlines, airport workers, and travellers against using Saudi airports, saying the warning should be taken seriously and that the kingdom “bore responsibility for failed interceptions”, a day after an attack on Riyadh's international airport that killed 12 people.
The Houthi movement has escalated their attacks on Saudi Arabia, targeting the airport in Riyadh and other cities, killing more than a dozen people.
Ukraine is ready to stop attacks on Russian oil refineries if Moscow also halts strikes on Ukrainian energy infrastructure, President Volodymyr Zelenskyy said on Sunday.
The Kremlin on Monday rejected a 60-day ceasefire idea proposed by Ukrainian President Volodymyr Zelenskyy to allow his country to hold presidential elections, saying it wanted an overall peace deal instead.
The Kremlin on Monday rejected a 60-day ceasefire idea proposed by Ukrainian President Volodymyr Zelenskyy to allow his country to hold presidential elections, saying it wanted an overall peace deal instead.
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The Houthi movement has escalated their attacks on Saudi Arabia, targeting the airport in Riyadh and other cities, killing more than a dozen people.
Ukrainian President Volodymyr Zelenskyy said on Monday that Ukraine is ready to respect the energy ceasefire announced by U.S. President Donald Trump, but only if Russia does the same, saying Moscow has already violated the agreement.
China has announced sanctions against Belize’s foreign minister and Paraguay’s communications minister over their countries’ diplomatic ties with Taiwan. The move comes as Beijing continues to pressure the few remaining nations that maintain formal diplomatic relations with Taipei.
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