Thailand considers casinos to boost flagging economy

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

Finance Finance Headlines News

Thai panel submits blueprint to open casinos in move to draw billions from investors and tourists

After decriminalising cannabis, Thailand is now considering casinos to attract foreign money and lure more tourists to galvanise its pandemic-hit economy.

“We’re focused on attracting foreigners to step up tourism and draw more money out of their pockets,” said Pichet Chuamuangphan, a legislator from the Pheu Thai Party. “This will also stem the outflow of money from Thai gamblers and help the government collect hefty taxes for our economic security.”

At least 400-billion baht in additional tax revenue would be collected annually once several facilities are operating, he said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

I am super excited right now, I can now pay my bills and take good care of my family.. Thank you for bringing happiness to my home with just R10,000 i got R100,000 in 7days James_Alderson8

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines