Cabinet to review casino feedback

Participants in virtual public hearings offer a lot of ideas for amusement complexes.

Opponents of legalised casinos march from the Makkhawan Rangsan Bridge to Government House on Sept 19 to submit a petition against the casino-entertainment complex bill. (Photo: Chanat Katanyu)
On September 19, supporters of legalized gambling march from the Makkhawan Rangsan Bridge to Government House to sign a petition opposing the casino-entertainment difficult costs. ( Photo: Chanat Katanyu )

A public hearing on the casino-entertainment complex bill has been completed, with feedback to be submitted to the cabinet, according to the Fiscal Policy Office ( FPO ) at the Ministry of Finance.

Between August 2 and August 18, the FPO and the Digital Government Development Agency polled the public about the costs on their sites. It aims to establish entertainment centers and permit casinos to work there legally.

Supporters of the bill claim that commerce generates a sizable income for the nation, and that leisure complexes was increase visitor spending even more.

According to the proposed legislation, users of approved leisure complexes would be granted 30-year licenses. Additionally, each person is required to spend 5 billion baht per year for registration and 1 billion baht per year. Operations may be reviewed every five years. After 30 times, the licensing can be renewed for another 10 times.

The structures would be available to all immigrants, but Thai people must pay an entry charge of 5, 000 baht. Under the age of 20, people may be prohibited from entering.

An entertainment advanced coverage council, to be chaired by the prime minister, may set the rules and regulations governing gambling structures.

Companies wishing to run complexes must be limited or common minimal companies with a minimum of 10 billion baht of authorized capital.

Some individuals in the online reading suggested that the bill been renamed the “integrated hotel act.” They claimed that the new name, which is based on the Singapore model, did help to create a more favorable impression.

Some individuals proposed reducing the licence’s period from 30 to 10 years, while some suggested extending it to 50-60 times.

Some suggested that casinos may be exempt from Taxes and that playing winnings from casinos should also be exempt. Individuals also wanted the entry fee for Thais to get reduced from 5, 000 to a more affordable 1, 000 to 2, 000 baht. This fee may be applied to every state for ten years before any adjustments are made, they added.

Some argued the structures may be located in regions that are big hospitality sites, such as Phuket, Chiang Mai, Chon Buri, Rayong or Hua Hin.

They added that if for structures are allowed in Bangkok, the amount may be limited to three, while in other regions, no more than seven.

Additionally, it was suggested that each casino could be open 24 hours a day and could occupy between 5 % and 20 % of an entertainment complex’s total space.

Some individuals expressed problem, however, that the structures could be used for money laundering and lead to murder, gaming addiction and other social issues. They suggested creating a bank to help those who have experienced negative effects of legal gambling.