![]() ![]() In December 2021, majority of the members of the Thai parliament voted to create an Executive Committee that will study and assess the feasibility of a legal casino industry. Will a Legal Casino Industry Be the Right Solution for Thailand’s Ailing Economy?Īs a result of Thailand’s failing economy, Thai lawmakers are now seriously considering legalizing the operation of land-based casinos to augment the government’s dwindling revenues. Thailand simply because the country has the most captivating selection of travel destinations pristine and tranquil beaches, glorious temples, spectacular sceneries and colorful festivals celebrating Thai history and culture.Īs the country’s tourism industry was a major source of revenue, the extremely slow rise in the number of tourists visiting the country had created a huge dent in the Thai government’s finances In 2021, the country welcomed only a little over a 100,000 international travelers, which is still a long way from the prepandemic number of 40 billion. The impressive ranking and number was regardless of the fact that the country does not have land-based casinos. Thailand used to rank as the 5th most visited country in the world, having received as many as 40 million tourists in year 2019 prior to the global pandemic.
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