Deputy Finance Minister Defends Bold Vision to Regulate Gambling and Attract Billions in Investment
Thailand is taking a major step toward reshaping its entertainment and tourism landscape with a government-backed plan to establish integrated resorts featuring legalized casinos. Deputy Finance Minister Julapun Amornvivat is leading the charge, defending the controversial proposal against critics who argue the move could damage the country’s international reputation.
International Models Highlight Benefits of Regulation
In a recent statement reported by The Nation, Julapun dismissed claims that legal gambling would tarnish Thailand’s image, pointing to international precedents. “If the U.S., Singapore, Japan, and the UAE can host regulated casinos while maintaining global credibility, why shouldn’t Thailand?” he asked. His comments stressed that regulation—not prohibition—is the path to transparency, effective governance, and reduced underground activity.
He also warned that allowing unregulated gambling dens to flourish posed a far greater reputational and economic risk to Thailand’s stability.
Cabinet Approval Moves Bill to Parliament
The draft bill, recently greenlit by the Cabinet, is now preparing for parliamentary review. If passed, it would end decades of stalled discussion and initiate the legal framework needed to establish integrated entertainment zones. These venues will include wellness centers, luxury hotels, retail shops, and family attractions, with casinos occupying no more than 10% of each complex’s area.
Julapun also suggested that some of the criticism may reflect individual opinion rather than institutional consensus—particularly referring to concerns voiced by the Bank of Thailand’s Governor.
Massive Economic Potential and Timely Execution
The government estimates the plan could attract over THB100 billion (approximately US$2.7 billion) in investment. If approved, the project’s rollout would begin with the formation of a regulatory body and feasibility assessments within a year. Construction is expected to begin within three years—setting the stage for a transformative economic and tourism development.
A Vision Three Decades in the Making
Thailand’s legalization of casinos has been debated for over 30 years. With unified political will, clear planning, and strong investor interest, this long-controversial initiative is now closer than ever to becoming a cornerstone of Thailand’s modern economic strategy.
