PM backs casino legalisation

PM backs casino legalisation

Plan will result in “economic rewards.”

PM backs casino legalisation
Srettha Thavisin, the prime minister, arrives at Government House on March 3, 2024. ( Photo: Apichart Jinakul )

Srettha Thavisin, the prime minister, endorsed the establishment of pleasure complexes with casinos throughout the nation.

The prime minister said on Thursday that he thought legalizing casinos would help stop illegitimate gambling and transfer money from gamblers to the state’s funds.

Properly controlled structures would be subjected to correct tax set, he said.

Mr. Srettha made his notes as the House of Representatives approved a report produced by a particular House committee looking into the viability of establishing like structures.

He also expressed his concern about the potential adverse social effects of the beginning of casinos, stating that for complexes may be governed by the law and that local authorities and security agencies would be in charge of them.

The study concluded that for pleasure complexes do have economic advantages, though damaging effects can also be anticipated, according to Vice Finance Minister Julapun Amornvivat, who chairs the House commission.

Mr Julapan said the complexes do create jobs, raise hospitality, and curb illegal playing.

The research suggested that a bill may be passed to establish the legal foundations for the activity of these compounds.

Additionally, according to the study, local residents would be employed that if such complexes were constructed, and for employment opportunities may be required by law to ensure that nearby communities would gain from employment. The study also proposed innovative types of taxes, such as a gaming duty and playing taxes from the complexes, he said.

According to Mr. Julapan, these leisure complexes even include hotels, malls, and leisure gardens, and each diverse will cost at least 100 billion ringgit to invest in.

The second entertainment complex should be constructed close to the Eastern Economic Corridor, the study suggests, and similar ones will follow if they are successful.

The House council even looked into strategies to control the structures and avoid issues, using effective Singapore and US models.

According to him, a portion of the proceeds from the complexes would go toward a fund established to help those affected and stop increased gambling.

Mr. Julapan stated that once the investigation was approved by the House, it would be forwarded to the case for consideration. He stated that the government may ask all sectors for more feedback before deciding whether to work on the article’s recommendations.

If a bill regarding the opening of the structures is tabled to congress, information may be discussed once, Mr Julapan said.

Chakkrapol Tangsutthitham, the House agency’s deputy president, said he expects the act regarding the opening of the structures to be enacted by the end of this year.

The House committee looking into the matter received a letter of opposition from legal systems from 16 counties monday.

The legal sites expressed their concern about possible problems that may arise, such as family issues, obligations, and gambling addiction.