A new stage in the development of Thailand

Thailand is preparing for a historic step – legalization of casinos. This project, which is being actively promoted by the government, has already received parliamentary support and promises to radically change the country's economy. It is expected that the first casinos will begin operating in 2029–2030, and Phuket, Pattaya and Chiang Mai stand out among the key locations.

Global players such as Galaxy Entertainment Group, MGM Resorts International and Las Vegas Sands have already expressed interest in developing the casino industry in Thailand. According to forecasts, the country could become the third largest gambling market in the world after Macau and Las Vegas, and gross income from the gambling business will reach $9.1 billion per year.

How will casinos affect the economy?

Influx of tourists in the premium segment

Thailand is already one of the most popular tourist destinations, but the lack of legal casinos makes it difficult to attract solvent tourists. With the opening of gambling establishments, the country will be able to compete with Macau and Singapore, attracting wealthy guests from China, India, the Middle East and Europe.

Casinos are expected to increase their overall tourist flow by 5-10%, which will lead to rapid growth in income for the tourism sector. Thailand expects to receive 39 million tourists in 2025, and the legalization of casinos will significantly increase this figure.

Large-scale infrastructure development

To support future gambling zones, the government is actively investing in infrastructure development:

• Expansion of Phuket Airport to accommodate more international flights.
• Construction of a new tunnel to Patong, which will facilitate transport links between tourist areas.
• Improvement of roads, development of commercial and residential areas near future leisure complexes.

Casino revenue and taxes

Thailand plans to introduce tough tax measures to regulate the casino industry. Foreigners will be able to visit gambling establishments for free, while Thai citizens will have to pay an entrance fee of 5,000 baht ($148). According to preliminary estimates, casino taxes could bring 120–220 billion baht per year ($3.4–6.9 billion) to the budget.

How will this affect the real estate market?

Housing price increases

Investors who buy real estate in the early stages of development of gambling zones can count on an increase in real estate value by 30–50% in the next 5–7 years. The largest increase is expected in the areas of Phuket, Pattaya and Bangkok, where the main flow of tourists will be concentrated.

Increased rental demand

The opening of casinos and related entertainment (hotels, restaurants, shopping centers) will lead to stable demand for rent from tourists and gambling industry workers. In premium areas such as Patong and Kata, rental yields can reach 10–20% per annum.

How to invest in real estate with new opportunities?

Now is the best time to enter the Phuket real estate market. But it is important to invest strategically – choose properties in areas with promising price increases and high rental demand.

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