A new proposal in Thailand seeks to regulate online gambling, targeting underground operations and ensuring proper taxation with legislative approval expected soon.
Thailand is moving forward with legislation to legalize and regulate online gambling, with a framework set to be finalized within a month. Image/ Illustration: ChicHue |
Bangkok, Thailand - January 15, 2025:
The Thai government is taking significant steps toward legalizing online gambling, with legislation expected to be finalized within a month, according to Digital Economy and Society (DES) Minister Prasert Jantararuangtong. Speaking on Tuesday, Mr. Prasert confirmed that the cabinet has approved, in principle, a proposal to establish a legal framework for regulating online gambling activities.
The proposed legislation, detailed in the Bangkok Post on Wednesday, involves amendments to secondary laws managed by the DES, the Ministry of Interior, and the Council of State. These changes aim to pave the way for modifications to major laws that will require parliamentary approval.
"The goal is to regulate underground gambling operations, integrate them into the legal framework, and ensure proper taxation," Mr. Prasert stated. This initiative is part of the government’s broader policy of legalizing underground businesses to increase state revenue.
The proposed legislation covers various forms of online gambling, including football betting, cockfighting, and digital games. Mr. Prasert highlighted the need for public hearings and consultations with additional agencies as part of the process.
The legislative push comes amid growing scrutiny of online gambling, a sector currently operating mostly in the shadows. Once approved, the framework will assign specific enforcement and oversight roles to relevant agencies.
Interestingly, public interest in the legislation surged following its informal disclosure by former Prime Minister Thaksin Shinawatra during a campaign event, rather than an official government announcement. Mr. Prasert explained that the cabinet's decision was initially overshadowed by discussions on the Entertainment Complex Bill.
A key issue remains unresolved: whether the government or private sector will manage online gambling platforms. This decision will depend on details outlined in the forthcoming amendments to secondary laws.
Thailand’s move to regulate online gambling reflects efforts to address its popularity, combat illegal operations, and boost state income through taxation, marking a significant shift in the country’s approach to this growing industry.