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 eyes $5B Bangkok casino, seeks competitive tax, access policies

MGM plans $5B Bangkok casino, urges competitive tax and access policies to ensure Thailand’s integrated resort model can thrive. The post MGM eyes $5B Bangkok casino, seeks competitive tax, access policies  first appeared on Asia Gaming News | AGB - Asia Gaming Brief.

MGM Resorts calls on Thailand to ensure competitive tax rate, access for locals

MGM Resorts’ President of Global Development, Ed Bowers, has urged the Thai government to maintain a competitive casino tax rate and ensure reasonable access for locals if it wants the industry to succeed. In comments to The Bangkok Post following a meeting with government officials earlier this week, Bowers also urged authorities to work closely with operators to better understand how the casino business works – warning that their plans could f…

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 …