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Philippines Casino Resorts: A Model for Thailand’s Gambling Industry?

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A big game-changer and a big investor, Megaworld Corporation is spending P20 billion in San Lazaro Tourism and Business Park in Manila in the Philippines. They are building a modern casino resort which will be the next significant development in the gaming industry.

The government is attempting to boost foreign investment and tourism, which are essential for economic growth. It is expected that the proposed casino resort will create a large number of jobs and increase foreign travel to the Philippines. Moreover, it will help place the nation as a prominent player in the global gambling market, competing with gambling destinations like Macau and Las Vegas. But what about the Thai casino industry? How does the Philippines’ casino investment plan compare to Thailand’s own casino industry?

Thailand’s Stand on Gambling

As gambling is now largely prohibited in Thailand, there aren’t any licensed casinos operating on the market. The only exception is the Thailand state lottery and horse race betting, which are authorized by the government. Nevertheless, with the growing popularity of online gambling, players can still access Thai online casinos. The government is putting a lot of effort into advocating the development of legal casinos that may benefit the nation’s economy. However, a large proportion of the public is still worried about the possible social issues that could result from increased gaming.

Supporters argue that having legal casinos would bring significant economic benefits to the country, increase revenue and create job opportunities. It would also boost the existing tourism economy by offering visitors another sort of entertainment.

Those objecting to legalizing gambling argue that it presents a social risk as gambling addiction might cause financial and psychological issues for individuals and their families. Some people are also concerned that casinos might turn into a hotspot for criminal operations like money laundering and organized crime.

Casino Laws and Beliefs

The Playing Cards Act of 1943 and the Gambling Act of 1935 forbid casinos and gambling in Thailand. These regulations make it illegal to participate in or promote gambling activities and explicitly prohibit most games that include wagering. Another reason why casinos are outlawed in Thailand is the nation’s cultural and religious convictions. The nation’s most widely practiced religion Theravada Buddhism considers gambling as a sin that can cause addiction, loss of faith, and financial disaster.

Gambling Opportunities in Sight

Thailand is trying to use the Philippines’ experience with Integrated Resorts as a way to legalize casinos and other types of gambling in the near future. The initiative could potentially convince the public that a well-planned and controlled casino business can bring large investments, boost tourism and stimulate the economy.

The House of Representatives has already approved a proposal to build five resorts with integrated casinos in the next few years. They require additional research on the potential revenue for the country in order to make a final decision, but things are definitely moving in that direction.

The proposal states that 5% of the resort area will be reserved for an integrated casino, leaving a significant amount of space for additional amenities and attractions for tourists. These could include hotels, restaurants, shopping centers, wellness and fitness centers, theme parks, and other forms of entertainment.

The five most popular tourist cities in Thailand have been chosen as the perfect locations for the proposed developments. Bangkok and other seaside destinations will offer tourists more diverse entertainment that will include the services of a casino floor. Tourists and domestic citizens aged 21 and over will be permitted to enter the casino and participate in games of chance. Local players, however, will be subject to certain limitations and must present evidence of their financial stability along with sufficient funds in order to gamble.

The special House Committee that prepared the proposal also estimates that the integrated casino business will bring approximately $11bn of revenue if the tax is set at 30% for the operator. Other benefits include taxes collected from individual winnings and the additional positive impact they will have on the economy.

The integrated resorts will open new job opportunities that will help the local economy. They will attract more tourists and make them spend more money in the country. Most importantly, they will engage local players and prevent the outflow of funds to other countries.

Final Thought

Despite the numerous challenges posed by legalizing casinos and regulating the gambling market, Thailand is persevering to find a successful solution. It appears that the introduction of resorts with integrated casinos, offering a variety of entertainment, will open the industry up to domestic players and attract more tourists. The anticipated economic benefits and positive impact in the coming years are expected to be substantial.

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Travel/Tourism

Trump Slams Partial Travel Ban on Nigeria, Others Over Security Concerns

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By Adedapo Adesanya

The United States President Donald Trump has imposed a partial travel restriction on Nigeria, as part of a series of new actions, citing security concerns.

The latest travel restriction will affect new Nigerians hoping to travel to the US, as it cites security concerns and difficulties in vetting nationals.

The travel restrictions also affect citizens of other African as well as Black-majority Caribbean nations.

This development comes months after the American President threatened to invade the country over perceived persecution against Christians.

President Trump had already fully banned the entry of Somalis as well as citizens of Afghanistan, Chad, Republic of the Congo, Equatorial Guinea, Eritrea, Haiti, Iran, Libya, Myanmar, Sudan, and Yemen.

The countries newly subject to partial restrictions, besides Nigeria, are Angola, Antigua and Barbuda, Benin, Dominica, Gabon, The Gambia, Ivory Coast, Malawi, Mauritania, Senegal, Tanzania, Tonga, Zambia and Zimbabwe.

Angola, Senegal and Zambia have all been prominent US partners in Africa, with former president Joe Biden hailing the three for their commitment to democracy.

In the proclamation, the White House alleged high crime rates from some countries on the blacklist and problems with routine record-keeping for passports.

The White House acknowledged “significant progress” by one initially targeted country, Turkmenistan.

The Central Asian country’s nations will once again be able to secure US visas, but only as non-immigrants.

The US president, who has long campaigned to restrict immigration and has spoken in increasingly strident terms, moved to ban foreigners who “intend to threaten” Americans, the White House said.

He also wants to prevent foreigners in the United States who would “undermine or destabilize its culture, government, institutions or founding principles,” a White House proclamation said.

Other countries newly subjected to the full travel ban came from some of Africa’s poorest countries — Burkina Faso, Mali, Niger, Sierra Leone and South Sudan — as well as Laos in southeast Asia.

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Detty December: FCCPC Investigates Possible Exploitative Air Fares

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By Adedapo Adesanya

The Federal Competition and Consumer Protection Commission (FCCPC) has commenced an investigation into pricing templates behind high ticket rates charge by some airlines on some domestic routes.

A statement issued by the Director of Corporate Affairs of the commission, Mr Ondaje Ijagwu, in Abuja said the investigation was to establish possible violations of the provisions of the law.

Mr Ijagwu said that concerns had been expressed widely in the past few days over what appeared to be coordinated manipulation or exploitation in the pricing of airline tickets by some airlines on certain routes, adding that the routes where concerns had been raised included the South-East and South-South, as the festive season began.

According to him, the ongoing investigation targets operators on the identified routes.

He said the commission would apply appropriate enforcement measures where evidence showed any violation of the Federal Competition and Consumer Protection Act (FCCPA).

Mr Ijagwu explained that Air Peace, had instituted a court action seeking to restrain the agency from examining its pricing mechanisms, following the commencement of an investigation into its pricing model after widespread complaints from members of the public.

He said the ongoing inquiry was without prejudice to the case instituted against the Commission by Air Peace.

The director quoted the vice chairman of FCCPC, Mr Tunji Bello, as saying “the commission would not hesitate to act where evidence showed that consumers welfare or market competitiveness were being undermined.

”For the avoidance of doubt, we are not a price control board but the FCCP Act 2018 empowers us to check the exploitation of consumers.

”When we receive petitions or where we find cogent evidence, we will not stand by and watch Nigerian consumers being exploited under any guise.

”Given the arbitrary spike in airfares, the Commission is extending its review of pricing patterns, the basis for the increases reported by consumers, and any practices that could undermine fair competition.

”Where evidence confirms a breach of the Act, FCCPC will apply appropriate enforcement measures,” Mr Bello said, promising that the organisation will continue to provide updates on the ongoing investigations in the aviation industry.

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Verve, Providus Bank Unveil Travel Card for Tourists, Others

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By Aduragbemi Omiyale

A travel card designed for tourists, business visitors, Diaspora returnees has been launched by Verve in partnership with Providus Bank.

Known as the ProvidusVerve Travel Card, the Naira-based travel card will allow inbound travellers to enjoy a smooth, secure, and convenient payment experience throughout their stay in Nigeria. It was powered by Verve’s secure.

Created to support the surge of tourists, expatriates, business visitors, conference delegates, and returning diaspora expected during the festive Detty December season, the ProvidusVerve Travel Card enables seamless payments for transportation, hotels, dining, shopping, entertainment, and everyday essentials nationwide.

The card also works on select global merchant platforms that accept Verve, including Netflix, Google Play, and other digital services, ensuring travellers enjoy uninterrupted access to familiar services.

The ProvidusVerve Travel Card eliminates the hassle of sourcing naira or converting foreign currency on arrival. It enables instant, secure transactions, reduces reliance on cash, and supports compliance with the cashless policy of the Central Bank of Nigeria (CBN).

It also mitigates the risks associated with carrying physical cash such as loss, theft, or fraud, offering a safe, regulation-aligned option for both online and in-person payments.

“The ProvidusVerve Travel Card is a timely solution for inbound travellers seeking reliability, security, and simplicity while navigating Nigeria.

“Together with Providus Bank, we have created a product that eliminates the friction traditionally associated with accessing local payments.

“Whether for tourism, business, or festive activities, this card ensures a smooth financial experience from the moment visitors land,” the Vice President for Issuing and Acquiring Management for Africa at Verve International, Mr Paul Ohakim, stated.

On his part, the Divisional Head for Product Management and Solution Delivery at Interswitch, Mr Ademola Adeniran, described the partnership as a reflection of “Verve’s commitment to designing products that respond to real user needs.”

“The ProvidusVerve Travel Card supports everyday experiences — from booking rides and hotels to shopping, streaming, and dining. It provides inbound travellers with a secure, compliant, digital-first way to experience Nigeria without financial barriers,” he added.

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