According to Minister, the congress can always alter the law in the future.
PUBLISHED: 6 Mar 2025 at 18: 09
After the Council of State recommended that the article to the Entertainment Complex Bill include a condition that just Thais with at least 50 million baht in the bank you enter a casino, the Ministry of Finance has confirmed that it will make a draft proposal.
The article that the government’s legitimate advisory body recommended will be included in the draft costs, according to deputy finance minister Julapun Amornvivat.
Mr. Julapun stated that the cabinet will publish the Council of State’s edition to parliament, though the government’s opinion may vary.
According to him, Parliament has the authority to make any changes as it sees fit.
Mr. Julapun previously stated that he disapproved of the requirement for a sizable bank harmony, arguing that it does not account for the number of Thai gamblers visiting neighbouring nations.
He claimed that just 10,000 people in Thailand have 50 million Thai Baht in bank accounts. Instead, he suggested that Thai visitors to casinos may have paid a five thousand bass entrance fee for each person and have been paying income tax to the Revenue Department for three consecutive years.
Mr. Julapun addressed concerns that running gambling in Thailand might entice grey and black sector companies, possible turning Thailand into a hotspot for money fraud.
He stated that he doesn’t think this may occur because procedures may be governed by proven standards at the national level.
According to Mr. Julapun, foreign investors interested in investing in an entertainment complex with a price of more than 100 billion ringgit are unlikely to bear any illegal activities it.
Numerous foreign investors in this field have made investments in various nations, including the US, Singapore, and Japan. His claim that if they break the law, their licenses could also be suspended in different nations.
Investors must work with the greatest accountability, while the entertainment complex’s laws will need a five-year review of shareholders ‘ adherence to ensure they are conducting business officially, according to Mr. Julapun.
The Pheu Thai Party, which established the authorities, is” a flagship plan,” he said, referring to the establishment of a casino in Thailand.
” This plan aims to create man-made sites, as well as the development of nature-based tourism,” according to the statement.