Thai online betting booms amid internet clampdown

    Published in: Latest IntelligenceInternational online operators are doing booming business in Thailand, where officially gambling is banned, providing a challenge for authorities which are seeking to crackdown on illegal internet activities. Operators see great value in the Thai market and pursue it aggressively. The only legal forms of gambling allowed in the Kingdom are through the State Lottery and the Bangkok Turf Club, however the underground market is estimated to be worth at least $3.23 billion, dwarfing the official government lottery with funds of $2.48 billion.Somes experts said the black market figure is conservative and noted there had been a surge in gross revenue in recent weeks. However, authorities are cracking down and have already blocked access to some sites. The Information and Communication Technology (ICT) Ministry is planning to create a national internet gateway in July to crack down on improper use of the internet.It’s unclear how the “clampdown” will be...

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