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Sleepy economy no threat to Thai casinos
Bangkok Post
|March 31, 2025
The global economic slowdown is unlikely to affect investment in the multi-billion-dollar entertainment complex project because it is a long-term investment, says Deputy Finance Minister Julapun Amornvivat.
Speaking after the cabinet approved the draft entertainment complex bill legalising casino gambling on Tuesday, Mr Julapun said the sluggish global economy will not impact this project as there is a significant amount of capital worldwide ready to be invested.
He said since the government introduced the idea of establishing an entertainment complex, several investors expressed an interest in the project viewing Thailand as a more attractive destination for casino gambling than many other countries, including Japan.
According to Mr Julapun, there are fewer than 10 major global investors involved in this type of project, all of which are large-scale investors.
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