Border business highlights Thai gaming revenue loss

A heat map of the casinos clustered around Thailand’s borders are a strong indicator of how much interest there would be if the Kingdom were to legalize gambling. According to recent research by Rattaphong Sornsuphap, from the College of Social Innovation at Rangsit University, there are at least 32 casinos he would term as “serious” that are seeking to tap the Thai market, with most along the frontiers with Cambodia, Laos and Myanmar. That doesn’t count the many more fly-by-night operations seeking to cash in on the Thai market from dusty border towns. Estimated total revenue of The Greater Mekong region was almost $50 billion in 2015, that’s up from $34.2 billion in 2010 and includes the IRs in Singapore and Malaysia. Gambling in Thailand is banned, apart from the state-run lottery and through the Bangkok Turf Club, though foreign investors have expressed strong interest in Thailand as a gaming destination. Some...

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