{"id":9162,"date":"2025-05-24T09:25:28","date_gmt":"2025-05-24T09:25:28","guid":{"rendered":"https:\/\/slategray-wallaby-310340.hostingersite.com\/index.php\/2025\/05\/24\/mgm-wants-lower-taxes-and-local-access-in-thailand\/"},"modified":"2025-05-24T09:25:28","modified_gmt":"2025-05-24T09:25:28","slug":"mgm-wants-lower-taxes-and-local-access-in-thailand","status":"publish","type":"post","link":"https:\/\/casino-online-best.com\/index.php\/2025\/05\/24\/mgm-wants-lower-taxes-and-local-access-in-thailand\/","title":{"rendered":"MGM Wants Lower Taxes and Local Access in Thailand"},"content":{"rendered":"<div>\n<p>While MGM Resorts International is closing in committing a major investment in Thailand\u2019s casino market, the company has called on lawmakers to create investor-friendly conditions nevertheless. Ed Bowers, President of Global Development at MGM, has suggested that Thailand adopt a tax rate similar to Singapore\u2019s 17%, much lower than Macau\u2019s 40% or Japan\u2019s 30%.<\/p>\n<hr>\n<p><em><strong>Good to know<\/strong><\/em><\/p>\n<ul>\n<li><em><strong>MGM prefers tax rates around 17% to stay competitive with other Asian markets.<\/strong><\/em><\/li>\n<li><em><strong>A strict entry rule for locals was dropped after lawmakers found it would block most adults.<\/strong><\/em><\/li>\n<li><em><strong>Bangkok could host two casinos and still beat Singapore in revenue, analysts say.<\/strong><\/em><\/li>\n<\/ul>\n<hr>\n<p>Bowers also emphasized the need for local residents to have easy access to casinos. Thailand has considered placing restrictions on local gamblers, including a proposed THB5,000 ($140) entry fee. A more severe \u201cmillionaire clause,\u201d which would have limited entry to those with assets above THB50 million ($1.5 million), was abandoned when lawmakers realized it could exclude most Thai adults.<\/p>\n<p>Bowers warned that models relying only on tourists, such as Inspire South Korea, often struggle. That $1.6 billion property posted a $104 million loss in its first year and was eventually seized by Bain Capital from Mohegan Gaming. The asset is now up for sale.<\/p>\n<h2>Bangkok seen as a strong location<\/h2>\n<p>MGM sees Bangkok as an ideal site for an integrated resort. With a population of 11.5 million and high visitor traffic through Suvarnabhumi Airport \u2014 which handled nearly 61 million passengers last year \u2014 the city has the infrastructure needed to support a large-scale casino project.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-logo box-25 relative\">\n<div class=\"space-org-3-item-logo-ins box-100 text-center relative\">\n<div class=\"space-org-logo-title-box box-100 text-left relative\">\n<div class=\"space-org-3-item-logo-box box-25 relative img-radius\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/7-bit-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\"><br \/>\n\t\t<amp-img alt=\"7Bit Casino\" src=\"https:\/\/igaming.org\/wp-content\/uploads\/2023\/01\/7BitCasino.png.webp\" width=\"50\" height=\"50\" layout=\"fixed\"><br \/>\n\t\t<\/amp-img><br \/>\n\t\t<\/a>\n\t\t<\/div>\n<div class=\"space-org-3-item-logo-title box-25 relative py-10\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/7-bit-casino\/\" title=\"7Bit Casino\" target=\"_blank\" rel=\"nofollow\">7Bit Casino<\/a>\n\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\">\n\t\t<strong>177% up to 5BTC + 77 <strong>\u00a0Free Spins<\/strong>!<\/strong><br \/>\n\t\t<\/p>\n<div class=\"pt-1\">New players only. Exclusive Welcome Bonus of 177% + 77 Free Spins\n<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-rating box-25 relative mb-10\">\n<div class=\"rating-box text-center box-100  relative\">\n<div class=\"space-org-3-item-rating-box relative\">\n<div class=\"stars\"><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><\/div>\n<div class=\"space-org-rating-notice relative\">Casino<\/div>\n<\/p><\/div>\n<p>\t\n\t\t\t\t <\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-button box-25 relative\">\n<div class=\"space-org-3-item-button-ins box-100 text-center relative\">\n\t\t\t\t<a href=\"https:\/\/igaming.org\/site\/7-bit-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\">\tVisit Site<\/a>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>Gaming expert Bo Bernhard believes that two casino resorts in Bangkok could outperform Singapore in terms of revenue and become a top destination in Asia.<\/p>\n<p>MGM already operates in Asia, with properties in Macau and a new resort under construction in Japan. It hopes to expand its reach into Thailand as soon as legislation allows.<\/p>\n<p>The post <a href=\"https:\/\/igaming.org\/casino-news\/mgm-wants-lower-taxes-and-local-access-in-thailand\/\">MGM Wants Lower Taxes and Local Access in Thailand<\/a> appeared first on <a href=\"https:\/\/igaming.org\/\">iGaming.org<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>While MGM Resorts International is closing in committing a major investment in Thailand\u2019s casino market, the company has called on lawmakers to create investor-friendly conditions nevertheless. Ed Bowers, President of Global Development at MGM, has suggested that Thailand adopt a tax rate similar to Singapore\u2019s 17%, much lower than Macau\u2019s 40% or Japan\u2019s 30%. Good [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-9162","post","type-post","status-publish","format-standard","hentry"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":6}},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/9162","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/comments?post=9162"}],"version-history":[{"count":0,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/9162\/revisions"}],"wp:attachment":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/media?parent=9162"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/categories?post=9162"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/tags?post=9162"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}