MGM Resorts urges 'competitive' casino tax

MGM Resorts urges 'competitive' casino tax

Thailand should have a casino tax rate that is competitive with Singapore and a substantial number of locals should be allowed to visit casino complexes, rather than solely serving foreign tourists in order to stimulate tourism and economic growth, says integrated resorts operator MGM Resorts International.

MGM’s Ed Bowers calls for competitive Thai gaming tax, analysts worry about social safety ahead of July 9 reading

By Christopher Cottrell in Bangkok MGM Resorts International President of Global Development Ed Bowers says Thailand should implement a competitive 17 per cent tax regime on gross gaming revenue similar to Singapore’s, according to The Bangkok Post on Wednesday. His remarks follow a high-profile week for Thailand’s Entertainment Complex (EC) bill. On Monday, Deputy Minister of Finance Julapun Amornvivat announced that a parliamentary reading of …