Galaxy Resorts executive says gaming areas should occupy minimal space whilst generating majority of revenue to subsidise other attractions
A senior executive from Galaxy Resorts has called for gaming areas within Thailand’s proposed Entertainment Complexes to be limited to just 5% of total floor space, as the company seeks to address public concerns whilst highlighting the broader economic benefits of such developments.
Kevin Clayton, chief executive of Galaxy Resorts Thailand, made the proposal during an interview with Thai media, arguing that even with such a small footprint, casinos could generate up to 80% of revenue to subsidise hotels, restaurants, retail outlets and other non-gaming attractions.
“Within the Entertainment Complex project, the casino footprint should be less than 10%, ideally around 5% of the total area,” Clayton said. “The remaining 95% should comprise hotels, retail outlets, restaurants, exhibition venues, and other non-gaming attractions.”
The proposal comes as the Thai government considers legislation for Entertainment Complexes, which would introduce regulated gambling to boost tourism and attract foreign investment. Mr Clayton emphasised the need for public understanding of the scale of investment opportunities, particularly from overseas sources.
Addressing Public Concerns
Clayton acknowledged prevailing public uncertainty, attributing it to incomplete information and what he described as “distorted information circulating, perhaps from various vested interest groups.”
He stressed the company’s commitment to responsible gambling measures, including age restrictions and exclusions for individuals with outstanding debts or those receiving social welfare benefits.
“The only way to ensure long-term sustainability is by implementing stringent conditions to guarantee people feel secure and are not harmed by gambling,” he said. “Therefore, the prevention of problem gambling and the promotion of responsible gambling are paramount in our industry.”
The executive outlined a three-pronged approach to responsible gambling: training staff to identify at-risk individuals, placing public awareness materials throughout premises, and collaborating with community groups that provide counselling and rehabilitation services.
Economic Arguments
Clayton cited reports suggesting approximately 60% of Thailand’s adult population gambles regularly, with the market valued at about $US33 billion, yet generating no tax revenue or employment.
He argued that legalising and regulating gambling through Entertainment Complexes would address existing problems whilst creating economic benefits.
A 15% gambling tax would generate billions in government revenue, he claimed, whilst creating tens of thousands of jobs and boosting GDP.
“Thailand already possesses a gambling market, yet it yields no direct benefits—no income, no jobs, no support systems, no regulation,” Clayton said. “So why oppose a change that could transform this problem into an opportunity?”
Source: The Nation