Casino gambling in Thailand?
Friday, March 14th, 2008
Envision fancy Las Vegas style casinos in the popular resort playground of Phuket, the northern tourist center of Chiang Mai or in Isaan, the rural northeastern part of Thailand. This is one of the scenarios that may take place in the Land of Smiles sometime in the not too distant future. Just recently, Mr. Samak, the new prime minister of Thailand, passed a law to legalize gambling. According to Samak, the development of the gaming industry would follow the legal model that is currently practiced in Malaysia, Macao, Singapore and Shanghai. There is considerable speculation which direction the gambling industry will go - either the development of small, boutiquish casinos that cater to the tourist crowd or whether the new law will be used to regulate the activity of the numerous illegal small gambling dens in Thailand.
If he’s targeting the casino model, it will generate a lot of new jobs for the local populous - dealers, hotel and casino personnel etc - and will be another diversion for many of the mainstream tourists who come to Thailand for a vacation. A totally new tourist market will be opened up in the process as big money gamblers and high rollers may flock to Thailand. In addition to creating a lot of new jobs, casino gambling will also generate a lot of money in taxes for the Government, which will hopefully to be used to fund a variety of government projects and reinvested in new schools and the educational system.
No doubt the biggest winners will be the big shots – domestic tycoons and foreigners who are given a license to develop this lucrative new industry. On the downside, if the new gaming industry is not regulated properly, it will open up the doors for more corruption in higher places and possible infiltration by the Thai mafia. You know how the saying goes, the rich get richer and the poor get poorer.
Personally, I think that the potential good outweighs the potential bad – so I say Let’s give this casino gambling thing a chance to blossom in Thailand. Why not?
See http://news.bbc.co.uk/nolpda/ukfs_news/hi/newsid_4465000/4465411.stm
Sphere: Related Content




