Thailand’s Deputy Finance Minister Julapun Amornvivat said the government plans to prioritise its casino bill when parliament reconvenes in early July. He said investors were prepared to invest between $6.2bn and $9.2bn per site, while MGM urged the government to admit Thai visitors and avoid prohibitive entry fees.
The bill’s progress could shape casino access rules and investment conditions in Thailand.
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Nevada's Gaming Control Board issued a cybersecurity notice urging casinos to remain alert to threats against their operations and systems. The notice highlighted phishing and social-engineering tactics, including requests to reset passwords, transfer money or change payment instructions.
Four Nevada representatives—Susie Lee, Steven Horsford, Mark Amodei and Dina Titus—are backing legislation to restore full federal tax deductions for gambling losses, reportedly. Campaign filings cited in the report show gambling-related donations to the lawmakers, while Lee's office said the earlier cap resulted from rushed lawmaking and supported changing it.
Four Nevada members of Congress support legislation that would restore a 100% tax deduction for gambling losses, reversing a provision that capped the deduction at 90%. A review of campaign-finance filings cited in the report found that the lawmakers received gambling-industry contributions, while the American Gaming Association has also opposed the 90% limit.
Thailand’s government is putting aside the Entertainment Complex Bill, which sought to authorise five casinos, according to government whip Visuth Chainaroon. Visuth said the government wanted to consult the public and address concerns before proceeding; the proposed sites included Chon Buri, Chiang Mai, Phuket and Bangkok.
Macau’s gross gaming revenue rose 19% year on year to MOP$21.06 billion in June, reportedly. The report said Wynn Resorts, MGM Resorts and Las Vegas Sands shares also increased, while Macau’s gaming-related crime rose by more than 60% in the first quarter compared with a year earlier.