Odds
Odds

Thailand’s Casino Dream Fades as Prime Minister Suspended

  • Constitutional Court voted 7-2 to suspend Paetongtarn Shinawatra as PM
  • PM charged with sedition for criticising the Thai army and harming sovereignty
  • Uncertainty reigns over Thai IRCs, leaving MGM and Wynn Resorts in the dark
Thailand PM
Thailand’s hopes of IRCs hang in the balance after its pro-casino PM was suspended. [Image: Shutterstock.com]

Crippling blows

Thailand’s much-vaunted hopes of establishing integrated resort casinos (IRCs) by 2019 have taken a series of crippling blows recently. Now, the suspension of Prime Minister Paetongtarn Shinawatra has the potential to kill the entire project. 

phone calls between her and controversial former Cambodian leader Hun Sen

Paetongtarn drew the ire of Thais last month after the leaking of phone calls between her and controversial former Cambodian leader Hun Sen. The PM allegedly called him “father” and referred to the Thai military as the “enemy” in Cambodia.

Despite a public apology from Paetongtarn, her Pheu Thai administration was plunged into turmoil after the powerful Bhumjaithai Party withdrew from the ruling two-party political coalition. 

With additional pressure coming from civic groups for the Pheu Thai party to withdraw its Integrated Resort bill, the Constitutional Court voted 7-2 to suspend Paetongtarn as PM. 

Political intrigue

Paetongtarn’s suspension comes from a senatorial request to remove the PM from office on charges of sedition. The opposition senators allege Paetongtarn’s criticism of the Thai army, after it engaged in a firefight on May 28 that left a Cambodian dead, “negatively affected the nation’s sovereignty.”

At the same time, news also emerged that Thai cyber police were investigating a potential link between a large-scale gambling and scam center money laundering network and a nephew of Hun Sen.

Paetongtarn now has two weeks to provide evidence in support of lifting her suspension. 

According to Inside Asian Gaming, she will still hold some political power despite her suspension, after she assigned herself the role of cabinet minister only hours before the Constitutional Court’s ruling “as part of a Cabinet reshuffle.”

Uncertainty reigns

As Thailand enters another political vacuum, it leaves the possibility of  Paetongtarn being forced out of power just like her predecessor Srettha Thavisin was in 2024. This creates uncertainty for the likes of MGM Resorts International and Wynn Resorts, who have both expressed a desire to secure Thai IRC licenses.

The opposition People’s Party has also allied with a coalition of civic groups in calling for Paetongtarn administration to withdraw both its retail and online casino bills.

In addition, last month, Thailand’s National Institute of Development Administration released results of a survey in which 56.7% of Thais voted against legalizing IRs.

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