Daily Asia Gaming eBrief: Thailand removes $1.5M deposit req for locals in casino bill
Asia Gaming Brief
Asia Gaming Brief is a news, events and networking company focused on Asia Pacific’s rapidly expanding gaming industry.
Good morning. Adapt and survive. That’s been Thailand’s approach as it tries to push through its new casino bill, now taking a practical approach by eliminating a requirement for local punters to show $1.5 million in deposits, something only a fraction of nationals can do. But it’s not all rosy, as legalized online gaming in the country appears to be off the table. And in the Philippines, first they came for the POGOs and now sights are set on PIGOs, as the Senate President called for a review of the inland sector. Meanwhile, in Australia, an intense review of Queensland’s racing industry is underway, aiming to provide a roadmap forward.
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Casino bill drops $1.5M deposit requirement for locals
Thailand’s new casino bill will no longer have a requirement that local punters must show proof of $1.5 million in deposits, assuaging concerns that most Thai nationals would be effectively unable to gamble at local casinos once opened. The move was instead traded for proof of paid tax returns for the past three years. However, other changes took an axe to hopes that online gaming could be legalized, effectively restricting legalized gaming to the casino floor.
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