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

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Philippines integrated resorts trading

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

Verve, Providus Bank Unveil Travel Card for Tourists, Others

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ProvidusVerve Travel Card

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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FG May Sell Dana Air Assets to Repay Debts

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DANA Airlines

By Adedapo Adesanya

The Minister of Aviation and Aerospace Development, Mr Festus Keyamo, has disclosed that the federal government may recover and sell the assets of Dana Air to refund passengers and travel agents whose funds remain trapped following the suspension of the airline’s operations.

The Minister disclosed this in Abuja on Tuesday at the Ministry’s fourth quarter stakeholders’ engagement to enhance governance for effective service delivery in aviation.

Speaking at the event themed “leveraging public feedback to drive excellence in aviation services, the Nigeria Civil Aviation Authority (NCAA) will be directed to probe why funds trapped by the airline are yet to be refunded.

He revealed that the authority suspended the operations of the airline as a matter of choice between safety and disaster.

“For Dana, the problem is that it was a choice between safety and disaster. So we didn’t take the commercial thing as priority. The priority was safety, and we all looked at the damning reports that we had met on the table.

“It was a decision of the NCAA to suspend them, but I pushed them to say, look, these are the reports we are seeing on the table about safety record, about lack of standards that put the lives of Nigerians at risk. If they continue flying, I don’t know whether most of us will be here. Many of us would have been victims of one of those flights. God forbid.”

According to him, “I have asked Najomo (NCAA director general) to dig deep to find out how those passengers and agents will be refunded. He has to dig deep on that.

“One solution will also be that if that same individual or those entities are trying to come back to aviation under any guise, whether to go and register a new AOC or use any business within the aviation sector, they have to go and settle their debts first.

“We should look at their assets. There are assets that are still available. Let them sell their assets. Let’s cannibalize their revenue and pay people. Let’s find a way to go after their assets and get money to pay Nigerians who are owed.

“NCAA should do that because they can’t get away with it.”

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NCAA Slams N5m Consumer Protection Infraction Fine on Qatar Airways

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Qatar Airways

By Adedapo Adesanya

The Nigerian Civil Aviation Authority (NCAA) said it has imposed a N5 million penalty on Qatar Airways for consumer protection violations.

The announcement was made on Wednesday by the NCAA’s Director of Public Affairs & Consumer Protection, Mr Michael Achimugu, on X, adding that there may be other sanctions depending on how the airline treats other cases.

“Glad to announce that, today, the NCAA has sanctioned @qatarairways to the tune of five million naira being penalty for consumer protection-related infractions. In addition, the letters of investigation (LOI) written to the airline over other cases may lead to further sanctions if not treated satisfactorily,” Mr Achimugu wrote.

The fine followed an incident when a Nigerian passenger was accused by a Qatar Airways cabin crew member of sexual harassment during boarding in Lagos for a flight to the United States via Doha, Qatar.

The allegation was only reported in Doha, where the passenger was arrested, detained for 18 hours, fined, and compelled to sign a document written solely in Arabic.

Qatar Airways allegedly refused to continue his journey, forcing him to purchase another ticket at considerable financial and reputational cost.

The NCAA said it invited Qatar Airways’ country manager to a meeting over the incident, but he failed to attend, sending subordinates instead.

“I understand that some countries do not have advanced aviation consumer protection regulations like Nigeria does. In certain cases, some countries don’t even have any. This creates a situation where airlines operating out of those countries (mostly national carriers) act with disdain towards consumer protection enforcement in Nigeria.

“This is not a situation that we would accept here. It is against the law for ANY Airlines not to respond to the NCAA. It is against the law to provide false information to the NCAA. It is against the law to fail to comply with the provisions of Part 19 of the NCAA Regulations 2023,” Mr Achimugu said in an earlier post.

In September, the NCAA accused Qatar Airways of mistreating Nigerian passengers and failing to comply with consumer protection regulations under Part 19 of the NCAA Regulations 2023.

The regulator then threatened stiff penalties against the airline for repeatedly disregarding its directives.

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