Thailand sets out proposed entry requirements for locals in casinos
Proposed legislation would likely restrict much of the population from entering casinos.
Key points:
– Locals must have least ฿50m in fixed deposits for at least six months
– Draft law also states locals would have to pay an entry fee capped at ฿5,000
According to reports, Thailand has released draft regulation setting out the requirements for local gamblers to enter casinos.
It was in mid-January when reports surfaced that the Thailand Cabinet had approved a bill to legalise land-based casino gambling in the country, with legislation being seen by Prime Minister Paetongtarn Shinawatra as a means to protect the public and to generate more state revenue.
With regards to entry requirements, the draft sets out that Thai locals must have at least ฿50m ($1.48m) in fixed deposits for at least six months to enter casinos in the country. On top of this, there would also be a requirement for an entry fee capped at ฿5,000.
This is, of course, still only a draft and public hearings into it will be held; then the law will need to be approved by the Cabinet before it is reflected on in Parliament.
Good to know: A recent survey in Thailand found that the majority of the Thai opopulation opposes casino and online gambling legislation
While the bill to legalise land-based casinos in Thailand is only a draft approved by the Cabinet for the time being, state-controlled horseracing, an official lottery and betting on some sports are forms of gambling which are allowed.
Discussions have also begun over the legalisation of online gambling.
Gambling Insider delivers the latest industry news, in-depth features, and operator reviews that you can trust. Our team combines rigorous editorial standards with decades of specialized expertise to ensure accuracy and fairness. We are committed to delivering clear, impartial, and dependable coverage across the global gambling sector.
