Source link : https://asia-news.biz/asia/thailand/unleashing-opportunity-mgm-champions-lower-casino-taxes-and-local-gambling-in-thailand/

Strategic Perspectives from MGM Resorts on the Growth of Thailand’s Gaming Sector

MGM Resorts International is urging Thai government officials to maintain low tax rates for casinos and permit local citizens to participate in gambling activities. This initiative represents a strategic move as the country contemplates expanding its gaming industry. At a recent conference, MGM emphasized the importance of creating a regulatory habitat that not only attracts investments but also fosters sustainable market growth.

This push aligns with growing interest in Thailand’s potential as a premier gaming destination within Southeast Asia. Industry stakeholders are closely monitoring how tax policies and access restrictions will shape the future of this sector.

MGM Advocates for Favorable Tax Policies to Boost Thailand’s Gaming Industry

MGM Resorts International has appealed to Thai authorities to sustain favorable taxation structures for casinos, arguing that such fiscal measures are crucial for fostering growth in the country’s developing gaming sector. The company highlighted that reasonable tax rates could stimulate investment, create job opportunities, and enhance tourism revenue. A spokesperson from MGM cautioned that high taxes could stifle innovation and limit the industry’s ability to attract both domestic and international players.

Industry experts agree that an effective taxation framework should prioritize three key elements:

• Encouraging local…

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Author : Jackson Lee

Publish date : 2025-05-23 17:34:00

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