Thailand’s cabinet will today review the latest version of the nation’s draft entertainment complex bill, with all eyes on the status of a recent revision that would require locals to hold at least THB50 million (US$1.5 million) in their bank accounts to enter legal casinos.
The revision has caught the global investment security off-guard, with some stakeholders telling Inside Asian Gaming that implementation of such a requirement would be a deal breaker for potential operators currently keeping an eye on the Thai opportunity. Others have suggested that while such a law would not necessarily drive them away completely, it would drastically alter potential investment levels. A proposed minimum investment level of US$3 billion is seen as impossible under such circumstances.
