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INSIGHTS

Casinos may benefit Thai security players, yet legalization still far away

Casinos may benefit Thai security players, yet legalization still far away
With the proposed bill stalled in the Thai legislature, passage of the bill, and the eventual legalization of casinos, is nowhere to be seen in the near future.
Casino legalization has been debated for a long time in Thailand. Such legalization would bring abundant opportunities to Thai security players. However, with the proposed bill stalled in the Thai legislature, passage of the bill, and the eventual legalization, is nowhere to be seen in the near future.
 
A conservative country with a mostly Buddhist population, Thailand bans betting, casino gambling and other related activities. This sets Thailand apart from other countries in Southeast Asia. Neighboring countries like Cambodia, Singapore, the Philippines, Laos and Myanmar have all benefitted from a robust gaming industry.
 
Seeing their success, successive Thai governments have sought to lega...


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