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Legalisation of 5 casinos proposed in Thailand with 30% tax collection

8 Oct 07:40 Key points summarised by AI

A Thai house panel proposes legalizing five casinos across the country (north, northeast, central, Greater Bangkok, south) to combat illegal gambling and attract tourists.
The proposed casinos would operate under a concession model with the private sector, subject to a 30% tax on revenues, including local maintenance contributions.
Strict entry regulations would require gamblers to be at least 20 years old and provide financial status, with government officials needing special permits to enter.
The committee has studied international casino legislation and plans to propose amendments to Thailand's Gambling Act to facilitate the establishment of these new entertainment complexes.

Today 09:24 Key points summarised by AI

Thailand secured a US$200 million loan from the World Bank to significantly invest in clean energy and low-carbon urban development initiatives.
The program aims to drive clean energy funding and low-carbon growth, ensuring a just transition for small and medium-sized enterprises, workers, farmers, and local communities.
Channelled through the Export-Import Bank of Thailand, the loan will fund energy efficiency upgrades in public buildings and industrial areas, including rooftop solar installations and electrical system modernizations, reducing initial capital burdens via Energy Service Companies (ESCOs).