After decriminalising cannabis, Thailand is now considering casinos to attract foreign money and lure more tourists to galvanise its pandemic-hit economy.
“We’re focused on attracting foreigners to step up tourism and draw more money out of their pockets,” said Pichet Chuamuangphan, a legislator from the Pheu Thai Party. “This will also stem the outflow of money from Thai gamblers and help the government collect hefty taxes for our economic security.”
At least 400-billion baht in additional tax revenue would be collected annually once several facilities are operating, he said.
Source: Financial Digest (financialdigest.net)
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