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Posted
3 hours ago, TroubleandGrumpy said:

Bad News for the economy - it could have seen them through the coming bad times. 

 

Casino: 

A little economical benefit.

Far greater losses to the nation in long term.

As it sucks local money out, and sucks in organized crimes both from within and without.

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Posted
3 hours ago, TroubleandGrumpy said:

Bad News for the economy - it could have seen them through the coming bad times. 

 

Like gamblers would be somehow immune to these "bad times" and would be dropping enough money to sustain the nation's economy?

Posted

teflon toni has to be very careful, because hun sen holds the stronger cards ... it's not a good idea now to compete with cambodia's casinos .. :smile:

 

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Posted

The unseen gentleman on the right is about to break the casino bank........! I seem to remember

they made a song  about him !

Posted

I wonder if this had anything to do with the competition next door? What really happened? 

 

Sam Rainsy, the exiled former leader of Cambodia’s opposition party, has accused Hun Sen of exacerbating the conflict with Thailand because of its crackdown on the cyber scam operations as well as the criminal networks that run the casinos mostly for Thai visitors in Cambodia.

 

Hun Sen’s outburst has nothing to do with protecting Cambodia’s sovereignty. It is about preserving the corrupt financial networks that keep his regime afloat,” Rainsy said on Facebook.

 

Hun Sen purposely shared his recording of the phone call with Paetongtarn with around 80 officials under a Cambodian media law, knowing it would be further disseminated.

 

https://tomorrowsaffairs.com/might-leaked-calls-and-protests-lead-to-another-coup-in-thailand

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Posted
3 hours ago, black tabby12345 said:

Casino: 

A little economical benefit.

Far greater losses to the nation in long term.

As it sucks local money out, and sucks in organized crimes both from within and without.

Urban Myths seem real and all the negativity about Casionos is exaggerated myths.  Casinos bring great economic benefit - and as long as the arrangement is organised, setup and managed well, and the negative social aspects can be greatly mitigated.  Right now there is illegal online and in-house gambling all over Thailand - mainly by the locals - with all the associated social costs such as loan sharks etc. but without any real economic benefit (taxes and fees). 

 

It can be done and can make a big benefit both ways - Singapore and Macau are good local examples.  Would those responsible in Thailand get it right?? Well I have to admit the current lot would probably not - which is a good reason to wait a while. But it is a good thing - if done right. 

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