Tourism Global Resort Giant Wynn Eyes Investment in Thailand’s Entertainment Complex Sector

[Georgealbert]

 

Picture courtesy of Matichon

 

A top executive from one of the world’s leading resort and entertainment companies has expressed keen interest in investing in Thailand’s emerging entertainment complex sector, highlighting the kingdom’s potential as a global destination for leisure and tourism.

 

On 16 May, Chris Gordon, President of Wynn Development, the development arm of US-based Wynn Resorts, met with Deputy Finance Minister Julapun Amornvivat at the Ministry of Finance in Bangkok. The meeting centred on Wynn’s interest in participating in the proposed Thailand Entertainment Complex (TEC), a government-backed initiative aimed at developing integrated resorts in the country.

 

Mr Gordon praised Thailand’s tourism appeal, citing its natural beauty, rich history, and vibrant culture and said the country is well-positioned to attract large-scale investment and become a leading hub for global entertainment and recreation.

 

Wynn, which operates high-profile integrated resorts in Las Vegas and across Asia, is known for its strict regulatory compliance, especially concerning anti-money laundering and gambling addiction measures. Gordon shared details of Wynn’s global risk mitigation strategies and highlighted how cutting-edge technology has been used to enforce responsible gaming and financial transparency.

 

He also noted that several other international operators, including those involved in concerts, shows, and sporting events, have shown interest in engaging with the government to explore future collaborations.

 

Deputy Minister Julapun welcomed Wynn’s interest, stating that the government is committed to carefully advancing the TEC initiative in a way that balances economic opportunity with social responsibility.

 

“We are pleased that a world-class company like Wynn Resorts sees the potential of investing in Thailand,” Julapun said. “This reflects growing confidence in Thailand not only as a tourist destination but as a viable regional investment hub. The government will proceed prudently to ensure economic benefits such as job creation are matched by strong social safeguards for all Thai citizens.”

 

The Parliament is currently preparing to review draft legislation that would regulate the establishment and operation of integrated entertainment complexes. The bill includes stringent anti-money laundering provisions and social protections, particularly concerning problem gambling.

 

According to government sources, high-profile international firms such as Galaxy Entertainment, Melco, MGM Resorts, and Genting Group have also scheduled meetings with Deputy Minister Julapun on 19 May to discuss potential investments and provide input into the development of the TEC framework.

 

The TEC initiative is seen as a potential game-changer in Thailand’s economic strategy, aiming to diversify tourism offerings and attract high-value visitors while maintaining a strong commitment to responsible development.

 

 

  Adapted by Asean Now from Matichon 2025-05-18.

 

 

 

 

[Jim Blue]

Big boys starting to move ....

[bkk6060]

First rate company would be a good addition.