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Sunday, August 10, 2025

Casino Giants Target Bangkok for Major Resort Projects

Bangkok may soon emerge as a key destination for international casino investors, as Thailand prepares to introduce legislation supporting integrated entertainment complexes by mid-2025.

The proposed development is expected to draw multi-billion-dollar commitments from leading global operators, potentially reshaping the country’s tourism and economic sectors.

Leading companies including Wynn Resorts, MGM Resorts, Melco Resorts, and Galaxy Entertainment have shown serious interest in establishing large-scale integrated resorts in the Thai capital. The initiative is part of a broader strategy to stimulate economic growth and position Thailand as a central player in the global leisure and entertainment industry.

Wynn Resorts has held discussions with Thai lawmakers regarding the forthcoming Entertainment Complex Business Act, expected to be submitted to Parliament by July 2025. Company president Chris Gordon underscored the need for clear regulatory measures, noting that Wynn’s proposal includes advanced technologies such as artificial intelligence to address issues such as gambling addiction and financial crimes. The firm’s vision includes a tourism-centered complex blending casinos, luxury hotels, cultural venues, and shopping centers.

MGM Resorts International has indicated readiness to invest between US$3 billion and US$5 billion, dependent on tax structures resembling those in Singapore. The company supports a 17% gross gaming revenue tax and has proposed measures like income screening and an entrance fee to manage domestic participation responsibly.

Melco Resorts, while part of the group eyeing Bangkok, is pursuing a concept that excludes gambling, instead focusing on family-friendly attractions and cultural programming. Their plan also includes AI systems to monitor customer behavior, aligning with Thai regulatory standards.

Galaxy Entertainment is also preparing to enter the market with an integrated resort project. The company supports limiting the casino footprint and emphasizes Thailand’s geographic advantage between major regional markets such as China, India, and the Middle East.

Other major operators such as Las Vegas Sands, Caesars Entertainment, and Genting Singapore are closely watching legislative developments and may join the market depending on the legal outcome.

Officials from various Thai ministries and legislative bodies have been involved in consultations with the interested companies. The forthcoming legislation is widely viewed as a pivotal opportunity for Thailand to modernize its tourism offerings and increase foreign investment through a tightly regulated entertainment and hospitality framework.

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