Thailand’s coalition party supports casino plan but warns of monopoly risks

Thailand’s prominent coalition party, Bhumjaithai, reiterated its support for Pheu Thai’s proposal to legalise casinos on Thursday but expressed concerns about the potential for monopolies to dominate the industry.

According to the Bangkok Post, while Bhumjaithai has consistently backed Pheu Thai’s vision for an entertainment complex, the party is wary of allowing just one or two companies to control the market. This concern was voiced by Korrawee Prissananantakul, an MP for Ang Thong Province.

During a joint session of the House of Representatives and the Senate discussing the government’s casino plan, Korrawee highlighted Bhumjaithai’s opposition to establishing such a complex in a small city, citing concerns about the potential for unfair income distribution.

He stressed the importance of the government thoroughly assessing the advantages and disadvantages of casino legalisation before proceeding.

Previous reports indicated that the Thai government plans to develop three casinos in Bangkok and a total of seven integrated resorts across the country.

Source: Asia Gaming Brief