A Site with Considerable Promise
Bangkok Port’s strategic location along one of the city’s major waterways makes it an important maritime hub. The port also features a large harbor that can dock large vessels. These features make it an attractive candidate for an IR, boosted by its scenic views. Minister Suriya added that the area had the potential for a yacht marina.
While Bangkok Port stands out with its large size and waterfront access as a prime IR location, the Transport Ministry still has to conduct feasibility studies before making a final decision. A national committee will make similar decisions in regions like Pattaya and Laem Chabang.
Lingering Concerns
The Bangkok Port entertainment complex proposal comes amid a significant debate on legalizing gambling in Thailand. A recent study by the National Institute of Development Administration (NIDA) involving 1,310 respondents revealed that 59% of participants were against the Entertainment Complex bill passing, and 69% opposed online gambling legalization.
The prominent academic Sangsit Piriyarangsan highlighted the government’s likelihood of failure to manage additional changes brought about by legal gambling. He argued that legalizing gambling in the current climate would promote illegal operations.
Sangsit also warned about the risks that come with legalizing online gambling. He argued that online platforms would make it challenging to enforce age restrictions, stating, “Casinos typically target adults, whereas online gambling seems easily accessible to younger people.”
Gaining International Attention
Even with public concerns, leaders like former Premier Thaksin Shinawatra insist that IRs will significantly propel Thailand’s economy. The government has noted that industry titans like Wynn Resorts, Caesars Entertainment, and Las Vegas Sands have expressed interest in entertainment complex licenses. Melco Resorts has already established an office in Bangkok, signaling global interest in the emerging market.