Key points:
- Experts say Thailand’s global tourist appeal puts Macau at a disadvantage
- Macau still focuses on short-haul, gaming-centric travel from the mainland
- Legal uncertainties persist regarding Chinese nationals gambling in Thailand
Thailand’s progress towards legalising casino gaming has raised alarm among observers in Macau, with some warning that the move could redefine the regional gaming landscape. As reported by Macao Daily, the concerns were voiced during a recent forum organised by the Rui Cunha Foundation and Macau Business magazine.
Niall Murray, Chairman of Murray International Group, remarked that Thailand’s broader appeal to international tourists places it ahead of Macau in terms of diversification. He pointed to Macau’s continued dependence on visitors from mainland China, suggesting that Thailand would be more resilient in the event of a downturn in any single market.
Ben Lee, Managing Partner at gaming consultancy IGamiX, highlighted the scale of Thailand’s tourism sector. He noted that in 2024, the country generated over $47bn in non-gaming tourism revenue and has more than 700,000 hotel rooms. Should gaming legislation pass, Lee stated, Thailand could emerge as one of the largest regulated markets globally.
José I. Duarte, an analyst from Macau Business, commented that despite efforts by local authorities to promote economic diversification, Macau remains primarily focused on short visits and gambling. The city has yet to offer sufficient reasons for visitors to extend their stay.
Thailand’s draft bill has passed its first parliamentary committee stage, although further debate and formal approval are still required. Rosalind Wade, from Winna Media, said the legislative timeline remains unclear, as do the regulatory frameworks that would govern the sector.