Thailand’s Pattaya region business leaders are reportedly divided over whether opening legal casinos would mitigate Thailand’s illegal gambling problem.
Thai police have busted a large illegal gambling operation operating out of a luxury resort in the north of the company, arresting 34 people. Police seized 26 slot machines, 29 sets of cards, 60 chips and a Baccarat table.
The Myanmar military-backed Karen State Border Guard Force says it has “withdrawn” its numerous resignations over the weekend, following the military’s request for a rethink. The issue is related to the Shwe Kokko new city development, which includes casinos.
In yet another sign of how Covid-19 may fundamentally change the gambling landscape in Asia, Thai media is reporting that the government is open to studying whether to legalize gambling.
Thailand's Prime Minister Prayut Chan-o-cha has said he's willing to consider whether to legalize gambling to help stamp out rampant illegal betting, even though he personally is against the idea.
The leadership of the Myanmar military-backed Karen State Border Guard Force has resigned en masse to protest the resignation of their leader Colonel Saw Chit Thu, who had been under pressure over the China-backed Shwe Kokko new city project, including casinos.
Australia-listed Donaco International is starting 2021 on a positive note, finally settling its legal issues and saying it is now positioned for future growth.
Donaco International said it has now finalized the settlement of a dispute surrounding the Star Vegas casino in Cambodia and the business has returned EBITDA positive.