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The Latest in thailand
Casino
April 18, 2024
Las Vegas Sands Discusses New York Licensing and Thailand’s Gaming Outlook
During Las Vegas Sands’ first-quarter earnings call, CEO Rob Goldstein addressed both setbacks in New York‘s licensing process and the company’s interest in Thailand‘s gaming potential, shedding light on its strategic outlook amidst evolving market dynamics. Las Vegas Sands Faces Extended Timelines in New York In response to delays in New York’s casino licensing, Goldstein […]
Casino
April 16, 2024
Thailand’s Finance Ministry to Lead Study on Casino Legalizing
Marking a groundbreaking move toward Thailand’s trials to address the highly-debated topic of gambling legalization, the Finance Ministry will take the lead on an important study exploring the potential legalization of casino gaming. 16 Additional Agencies to Consider the Study As ordered by way of an “urgent letter” sent by the Secretariat of the Cabinet […]
Industry
April 1, 2024
Thailand Has Blocked 25,000+ Online Gambling Websites Since October
Thailand continues its crackdown on unlicensed online gambling as discussions around the potential legalization of casino gaming continue. The country introduced a new policy that recognizes illegal gambling operations as serious economic crimes. The policy was unveiled yesterday by deputy government spokesperson Kanika Aunjit. According to her, the Ministry of Digital Economy and Society vows […]
Casino
April 1, 2024
Thailand Inches Closer to Casino Gaming, May Outrun Japan
Thailand is inching closer to the launch of legal casino gaming as the recent casino legislation continues to make strides. The measure, which would allow for the construction of resorts featuring casinos, was passed by a landslide by Thailand’s House of Representatives last week. Overall, 253 representatives out of 257 House members voted in favor […]
Business
March 15, 2024
MGM Resorts Not Ready to Give Up on the UAE, Eyes Opportunities in Thailand Too
MGM Resorts International’s chief executive officer, Bill Hornbuckle, commented on the company’s plans for the future at the JP Morgan Gaming, Lodging, Restaurant & Leisure Management Access Forum, highlighting opportunities in certain regions. While MGM recently gave up on its Dubai casino plans recently, the company is still proceeding with its hotel offering. According to […]
Industry
March 13, 2024
Legalization of Casino Gambling Picks up Speed in Thailand
Countries across the globe enjoy the benefits of regulated gambling. The activity helps generate tax revenue which is often used for different programs, including funding of educational and infrastructure projects. A percentage of this generated tax revenue is designated toward treating problem gambling and providing support for people affected by gambling harm. Another benefit of […]
Industry
February 20, 2024
Prosecutors in Thailand under Threat amid iGaming Investigation
An investigation into online gambling operations, ran by a criminal syndicate in Thailand, resulted in threats against two prosecutors. The threats appeared to be deriving from a surprising source, the police force itself, with nearly a dozen officers suspected of their involvement with the criminal syndicate. In light of the threats, Thailand’s Office of the […]
Legal
November 24, 2023
Thai Authorities Seize Villas Related to an Illegal iGaming Operation
The Thai Department of Special Investigation (DSI) has confiscated two luxurious villas from operators of UFA, an illegal online gambling network for high rollers. As reported by The Thaiger, a Thai news outlet, the two properties are worth over 2 billion baht in total (roughly $56.5 million). For reference, the villas are located in Phuket’s […]
Industry
November 6, 2023
Thai Police Uncovers Infamous UFAV8 Online Gambling Hub
During a press conference held last week, the Thai Cyber Crime Investigation Bureau (CCIB) revealed the results of a raid on UFAV8, an infamous online gambling den. The hub had been targeted by an extensive investigation aimed at cracking down on online gambling platforms. UFAV8 has been exposed as a complex, multi-million baht gambling network […]
Legal
September 25, 2023
Thai Police Top Brass Member Investigated over Alleged Betflix Ties
The Thai police have conducted a raid on the home of a major police officer over alleged ties to an illegal gambling network. Referred to as “Betflix,” in reference to the international streaming giant Netflix, the network operates in violation of Thailand’s laws on gambling. In recent times, the Thai police have been doubling down […]