If the reports prove to be accurate, then Thailand is likely to be a hugely appealing market for operators, especially as more restrictions are being introduced in Macau. This means that the first casino resorts could open their doors by 2030.
It is thought that Thai policymakers will be able to move faster than their Japanese counterparts and that they have already created a potential gaming law that could be passed within a year. There have also been reports that Las Vegas Sands, Melco Resorts & Entertainment, Genting and Wynn Resorts have all expressed interest in building resorts in the country. The group was formed during Thailand’s last legislative session and reportedly held discussions with a Thai parliamentary committee. The reports suggest that a number of high-profile operators, such as MGM Resorts International and Galaxy Entertainment, have formed a group that has been providing advice to the Thai government on how to go about developing a gambling framework that would allow resorts and help increase tourism.
It has been reported that Thailand is moving forward with plans to build land-based casino resorts as it faces competition from other countries in the region, such as Japan, South Korea, and Macau.
