A senior Thai official has confirmed recent discussions with MGM Resorts International and Wynn Resorts regarding their interest in securing future casino gaming licenses in Thailand.
Deputy Finance Minister Julapun Amornvivat said Monday that he has been in communication with both Las Vegas–based operators. He added that at least two additional global gaming companies are expected to meet with government representatives soon. The Bangkok Post recently published photos of Julapun meeting with Wynn executives, and today’s edition featured Ed Bowers, MGM Resorts’ president of global development, leaving a meeting with the minister.
Julapun told the newspaper the talks signal that Thailand is “open for business” as the country advances its casino gaming legislation. Related bills are set for a parliamentary reading on July 9. Thailand is seeking a minimum investment of $3.01 billion from each operator — an amount likely within reach for MGM and Wynn.
MGM, Wynn Reiterate Interest in Thailand
Both MGM and Wynn have openly signaled interest in pursuing Thai casino licenses. MGM CEO Bill Hornbuckle previously told investors that MGM China would lead the bid, noting the company holds a 56% stake in the unit, which is headed by Pansy Ho.
Wynn CEO Craig Billings has also expressed enthusiasm, highlighting Thailand’s regulatory and anti–money laundering frameworks as areas of focus. Julapun echoed that both companies view Thailand’s legal structure as strong and investment-ready.
Earlier this year, officials identified Bangkok, Chon Buri, Chiang Mai, and Phuket as initial locations for regulated casino resorts. Past reports suggested Bangkok could host two venues, bringing the total to five properties in the first phase.
Wynn May Shift Attention After New York Exit
Wynn’s meetings with Thai officials coincided with its announcement that it would withdraw from pursuing a New York City casino license due to ongoing opposition. With that plan shelved, the company may now redirect more attention toward Thailand.
However, Billings noted on a May 6 earnings call that certain revisions to Thailand’s draft legislation are still needed. “There’s some components to the bill that probably won’t work if they stay in the bill,” he said, though he emphasized Thailand’s strong appeal as a tourism-rich, high-potential gaming market.
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