Thailand’s lawmakers are considering a stringent entry requirement for locals in their proposed casino bill, potentially limiting access to only those with at least 50 million baht ($1.48 million) in savings.
This move aims to address gambling addiction concerns but effectively creates a “foreigner-only” model, similar to South Korea’s approach.
With Thailand’s average annual income at 348,000 baht, this restriction would exclude nearly all local gamblers, potentially reducing social harm but also limiting the market’s appeal. Major casino operators, such as Galaxy Entertainment, Caesars, Wynn Resorts, Las Vegas Sands, and Genting—have expressed interest in Thailand’s gaming sector, with Melco Resorts already establishing a presence in Bangkok. However, the exclusion of locals might dampen enthusiasm and impact long-term investment potential.
The casino bill, initially passed by the cabinet in January and now under review by the Council of State, was designed to attract foreign capital and boost tourism. While the high financial benchmark may reassure conservative policymakers, it also raises concerns about the overall profitability and attractiveness of Thailand as a casino destination.
Pakorn Nilprapunt, COS Secretary-General, mentioned:
We don’t want the public to be bogged down by this gambling fanfare. I think if we impose strict measures, we might be able to prevent Thais from entering and becoming gambling addicts.
Follow our Telegram channel
