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Thailand moves closer to legalising casinos to prop up tourism

Bangkok Post LogoBangkok Post7h ago

Thailand moves closer to legalising casinos to prop up tourism - Bangkok Post

Quick Summary:

Thailand is pressing ahead with plans to legalise casinos as it seeks to burnish the country’s appeal as a tourism hotspot and draw billions of dollars in foreign investment and taxes.

Galaxy Entertainment Group Ltd and MGM Resorts International have been studying the potential opening of casino resorts in the kingdom as a hedge against uncertain prospects in Macau.

It also proposes setting up a comprehensive entertainment venue policy panel led by the prime minister and an agency to regulate the new industry.


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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-04 @ 15:02:00 (7 hours ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 498 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bangkok Post

News ID: 21913815

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About Bangkok Post

Bangkok Post Logo

Main Topics: EconomyBusiness

Official Website: bangkokpost.com

Update Frequency: 3 posts per day

Year Established: 1946

Headquarters: Thailand

News Last Updated: 3 hours ago

Coverage Areas: Thailand

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #66

Publisher Details

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The story "Thailand moves closer to legalising casinos to prop up tourism" has 498 words across 18 sentences, which will take approximately 3 - 5 minutes for the average person to read.

Which news outlet covered this story?

The story "Thailand moves closer to legalising casinos to prop up tourism" was covered 7 hours ago by Bangkok Post, a news publisher based in Thailand.

How trustworthy is 'Bangkok Post' news outlet?

Bangkok Post is a fully independent (privately-owned) news outlet established in 1946 that covers mostly economy and business news.

The outlet is headquartered in Thailand and publishes an average of 3 news stories per day.

It's most recent story was published 3 hours ago.

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  • News ID: #21913815
  • URL: https://beamstart.com/news/thailandmoves-closer-to-legalising-casinos-1722764

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