Thai crackdown sparks border boom, seen as ineffective long term

    Published in: Latest IntelligenceThe Thai military junta’s crackdown on illegal gambling is creating a boom for Cambodia’s border casinos and is unlikely to do much to curb an illicit business that some estimates say may be 14 times the legal market.During the World Cup alone, gamblers are forecast to spend more than 100 billion baht ($3.23 billion), despite a major crackdown by authorities.Since taking over in May, the military has focused on weakening influential crime and mafia groups, ranging from gambling through to mob control over taxi operations at key airports and other transport locations in holiday resort towns.While all legal betting in Thailand is restricted to the State run lottery and horse racing, gambling in general remains a multi-billion dollar industry. Efforts to reform laws to liberalize the market have been stymied by opposition from the country’s conservative Buddhist clergy, which frowns on gambling.In this latest crackdown,...

    Intelligence Articles is a premium content section developed for AGB members only featuring in-depth articles on relevant items of interest across the multiple Asia Pacific Gaming jurisdictions. To continue reading, subscribe now.