CrazyExpat Posted July 28, 2015 Report Share Posted July 28, 2015 Despite years of political turmoil, Thailand remains a popular tourist destination and a longstanding hotbed for casino development speculation. The Land of Smiles expects more than 26 million visitors this year, nearly 5 million of them from China, with Malaysia, Russia, Japan, South Korea and India, all restricted casino markets, in the next five slots. That’s an awfully tempting target, and after a fall in visitor arrivals and tourism revenues last year, Thailand may be ripe to try its luck with casinos.It’s not just about tourists Thai nationals bet billions at underground casinos in Thailand and legal casinos in neighboring countries. Donaco International, which this month completed its takeover of Star Vegas Casino and Club, the largest of ten casinos just across border in Poipet, Cambodia, reported that punters bet nearly $4 billion there in the fiscal year ended June 30. Star Vegas customers are nearly all Thais, and, thanks to improvements in road links to Bangkok and the military government’s crackdown on illegal casinos, plus more vigorous marketing, revenue rose 46.5% from the previous 12 months. The combination of locals and tourists makes Thailand an extremely tempting gaming market. http://www.forbes.com/sites/muhammadcohen/2015/07/28/thailand-takes-another-flutter-at-casinos-las-vegas-sands-wants-to-play/ Link to comment Share on other sites More sharing options...
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