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Thailand Is Not Ready To Legalise Its Gambling Habit


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Posted

EDITORIAL

Thailand is not ready to legalise its gambling habit

The Nation

Just because our neighbours have casinos does not mean we should follow suit just to cash in; we are perhaps not yet financially mature enough

The idea of building a casino in the northeastern region of Thailand should be considered very carefully. The opponents of this plan may readily cite the possible negative effects in terms of morality. But the casino project in fact is a more challenging issue. Do Thais have sufficient financial literacy to cope with the temptations of a legal casino? And do we believe that our legal enforcement is efficient enough to protect young people from the prospect of massive gambling addiction?

The Government Lottery Office's director, Wanchai Surakul, recently mooted to a group of reporters the idea of building a casino in the northeast of Thailand. He had brought the journalists in his entourage to Macao to see how the casino business has contributed to the wellbeing of the people of that island.

Wanchai was also quoted by the reporters as saying that the prospective casino project would create "a balance for Thai society because now our neighbouring countries all have casinos and they can make a lot of money out of it."

But if money is the only reason to support this proposal, it is surely not enough to convince the majority of the public that Thailand also needs a casino.

First of all, we don't need a casino simply because our neighbours have them. Why should we have to imitate others to earn more money? Small islands such as Macao may not have many choices but to lure tourists and gamblers by legalising casinos. They do not have the natural assets that we have. Thailand has much more potential to further develop its tourism industry in a sustainable manner.

Secondly, the more important question to ask is what does the Government Lottery Office plan to do with the additional revenue it hopes to earn from the prospective casino? Would the expected benefit really make it a viable project?

There is also the question of whether the cost of a huge casino project, including the social cost, would surpass its benefit. Only then would it be easy to decide whether Thailand needs to have a casino or not.

The reason given by the GLO chief that Thailand should have a casino only because other countries already have them is plainly the wrong answer. It is unconvincing and in no way proves the necessity of building such a facility here.

The other issue to be considered is whether Thais in general would be able to resist the temptations of legal gambling when it is no secret that many are already addicted to illegal forms of gambling. Advocates for the casino may argue: what's wrong with people going to relax at a casino and spending their money as they wish during their leisure time? Of course, there's nothing wrong with people with a sensible financial outlook wanting to spend some of their disposable income on such a leisure pursuit. But the question is whether the majority of us are equipped with such financial literacy. In reality, many Thais desperately wait for the fortnight lottery results, many are already addicted to gambling, and many squander their money on gambling in the false and unlikely hope they will win the big prize.

Additionally, how can we be sure that law enforcement in Thailand will be strict enough to protect the vulnerable from yet another readily available vice? Casinos are often associated with other negative spillover activities and crimes. How will we mitigate the effects of these issues?

Even now, with gambling officially an illegal activity, illicit gambling dens are located under the noses of most police stations in Thailand. Politician Chuvit Kamolvisit's recent expose of illegal gambling dens in Bangkok brought some reaction from the police, but their "clampdown" was seen simply as a publicly stunt by almost everyone. No one seriously believes that illegal gambling dens will ever be eradicated. A legal casino would not wipe out illegal gambling activities either.

Instead of focusing on how to extract money from gamblers, the authorities should instead consider how a casino would fit into our long-term development strategy, and what its social cost would be - which is difficult, if not impossible to quantify.

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-- The Nation 2011-09-29

Posted

Prohibition does not work. People continue to gamble regardless of legality. The Thai government seems better suited to receive profits, there is at least a possibility of a return to the Thai public. Revenues could be converted into services. Currently all revenues are pocketed.

Posted

Juding by the vast numbers of Thais queing at the border to hand over their money to the Cambodian casino operators Thailands tax revenue would increase substantially and legitimately if they legalised gambling.

Posted

The Government Lottery Office's director, Wanchai Surakul, recently mooted to a group of reporters the idea of building a casino in the northeast of Thailand. He had brought the journalists in his entourage to Macao to see how the casino business has contributed to the wellbeing of the people of that island.

Why not take the entourage to the Cambodian casinos to see how they have contributed to the well being of the Cambodian people.

Posted

Legalized Casinos and gambling dens would give the government a slice of the action. It wouldn't make Thais gamble more - I don't think that would even be possible, given the proliferation of illegal gambling operations pretty much everywhere. They'd also, in a way, allow the government to keep an eye on the problem of gambling addiction.

But the Mafia / Police would lose with legalized gambling, so they're going to prevent it.

Morality is a strawman argument for criminals to hide behind. Everyone knows that.

Posted

Prohibition does not work. People continue to gamble regardless of legality. The Thai government seems better suited to receive profits, there is at least a possibility of a return to the Thai public. Revenues could be converted into services. Currently all revenues are pocketed.

This is why TV forum is unique. Blanching at tripe so nauseating, I should be able to sue for the bruises sustained via compulsive cringing; the first response drills the idiocy away. And none too soon.

But the Thai government and other governments are remarkably alike, in their governing. I noted how few seemed to note the US did a little cute trick called the UIGEA. That was nicely done. Morality concerns tendered - and accepted - by the peanut galleries. Not sure how they can keep slinging that excuse and selling it successfully, but I guess if it ain't fixed, keep it broken.

But is there anything worse than seeing legitimately monumental revenues tragically whittled away by book-keeping and restrictive business practices and nosey regulators and interested parties and due diligence and requisite allotments for social services and budgetary demands and...blech.

Best just to keep everything illegal. No one likes ledgers.

Far too many Police and politicians earning money from illegal gambling for it to be legalised.

All it would take is one very senior person who doesn't have invested interests in the illegality model, to wake up one day and take 90% of the market share with the alternative model. I'm surprised it hasn't happened alread....

Oh.

The Government Lottery Office's director, Wanchai Surakul, recently mooted to a group of reporters the idea of building a casino in the northeast of Thailand. He had brought the journalists in his entourage to Macao to see how the casino business has contributed to the wellbeing of the people of that island.

Why not take the entourage to the Cambodian casinos to see how they have contributed to the well being of the Cambodian people.

If you're flying journalists to exotic junket locations on taxpayer dime, whilst it would be just as easy to show them a great time in Cambodia as Macau...that would just be...silly?

I'm surprised they didn't swing through Capetown, up through Lima, obviously need to see Vegas first-hand (journalists detest Google searching, at least, the best investigative journalists always insist on first-hand verification) - they could hit up Monaco and some E. Europe examples on the way home. Maybe even stretch out to Moscow although I hear Putin wrestled that uncornered market into control a few years back so they might be stuck in boring strip clubs with indecently stunning models - which might not be appropriate for the fact-finding mission.

Posted

the longer they do not have casino,s or gambling in thailand.the more thai baht keeps leaving the country to its neighbours

Yingluck to buy Liverpool FC one time.

I don't care if she buys it whilst her 'fortune' is frozen, or one of her many fortunes are frozen, or whether she's stressed by thieving money launderers helping themselves to exorbitant cuts of revenue formerly owned by Thailand's taxpayers, or any complexities like that. I don't care if she has to sell her private jet to buy the next Torres, whatever it takes. If this drags on much longer, I might have to follow...Serie A or something ridiculous.

My point being, Thais gambling at border casinos isn't ever going to bankrupt Thailand's economy. Shipping billions offshore might...and there are only ever a very small number of people who can ever actually do that. Thankfully, only the electorate gets to assign those powers - so every democratic nation is in responsible and competent hands.

Hands that very nearly killed Argentina, which woke up one day to discover they were something like a 90% chance to join the 3rd world after decades of Democracy. It's a very hard fact to sell to simpletons who have been convinced they are in 'control' via the democratic process, but economics - whilst hilariously simple in theory - gets retarded in the hands of politicians.

Democracy all but destroyed Argentina, and there are some haunting parallels for Thailand. Argentina was saved in the end by a freak genius who was not elected, but rather selected to save the nation from themselves. Lavagna was the miracle the Argentine electorate didn't deserve, gifted to them by a President they didn't elect.

And when he pulled off the greatest fiscal recovery in macroeconomic history (achieved by slamming the door on vested interests and corruption...as well as binning all the idiotic, widely-held economic 'theories', of course), the electorate sent him packing when he criticised Kirchner's corrupt buddies for blatant graft. A hero arguably superior to any hero a nation has ever been gifted (Thailand might be an arguable exception), and they sent him packing after he saved millions of Argentines from a future so bleak.....lol.

He saved the nation almost single-handedly, from catastrophe and unthinkable horror. And they let Kirchner fire him for criticising graft. Democracy for the win!

And editors of major print dailies in democratic nations, in between waxing lyrical about freedoms of the press and free speech, can brazenly publish drivel about victims of illegal gambling dens simply not being 'ready' to experience a less damaging kind of exploitation. They can just present that 'argument' calling for the continued exploitation of victims of criminal corruption - publishing editorials in open support of Crime. Tight free speech. But heaven forbid that editor might float the idea that the electorate isn't 'ready' for self-determination. Or present a coherent argument pointing out to those who cannot think for themselves, that it - might - be in their best interests to vote for politicians who are attempting to break cycles of poverty by creating....a Welfare State.

you know, hypothetically....

Posted

Two of the most lethal drugs known to man are readily available in unlimited quantities (alcohol and tobacco},

It's not as if Thailand is worried about people dying or getting killed, so why worry about them losing money?

There's a lot of countries in the west that also need to start re-thinking some of their idiotic prohibitive laws.

Posted

Two of the most lethal drugs known to man are readily available in unlimited quantities (alcohol and tobacco},

It's not as if Thailand is worried about people dying or getting killed, so why worry about them losing money?

There's a lot of countries in the west that also need to start re-thinking some of their idiotic prohibitive laws.

One day, someone who can write, and write without disintegrating into confusion and fury and frustration and barely restrained screams at the world of apathetic nonchalant sorts who don't see any problems with democratic governments of the world gang-raping innocents for crimes not.actually.ever.committed...deep breaths. I can't even get a sentence out.

One day, someone who can write, and write without alienating literally every reader capable of literacy (and some who have lost that quaint skill), will say what I try to say but....

I've tried so many times. I just...can't do it. You know, make a case for the right of anyone to live....whilst children are being gang-raped fundamentally as a result of a Scientist named Nixon who killed a lot of innocent Americans and a hell of a lot of innocent Vietnamese and that didn't work out so he needed another War.

It's perfectly understandable, I understand the nature of Politics and the man needed a War, after Vietnam. What's any self-respecting demon expected to do?

But...it's 40 years later. And we're still gang-raping innocents who haven't committed any crimes. Am I crazy, or do we all need to die for this.

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