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  Dhanin favors legal status for casinos in Thailand

Dhanin Chearavanont, the billionaire controller of the nation’s largest meat and animal feeds industry, i.e. Charoen Pokphand Foods Pcl (CPF) wants that Casinos should be legalized in Thailand to generate more revenues and put an end to illegal gambling activities. While expressing his views in favor of casinos, Dhanin, the chairman of Charoen Pokphand Group said that truth should not be ignored as the underground business has been going on since long without paying any taxes and increasing the crime rate. The casinos must be given the legal approval like Singapore that has lifted the ban on the casinos in 2005. Downtown convention center and Southeast Asia’s only Universal Studios theme park costing over $10 billion have been established two years ago by Genting Singapore Plc (GENS) and Las Vegas Sands Corp. Dhanin said that by allowing casinos, Thailand would be able to generate more revenues than Macau and the facilities should be opened in major tourist destinations like Phuket, Pattaya and Chiang Mai.


   2012-08-03






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