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Fortune
Fortune
Lionel Lim

Las Vegas Sands thinks potential casinos in Thailand won't hurt its Singapore or Macau business

(Credit: Roslan Rahman—AFP/Getty Images)

Thailand’s cabinet approved a draft bill in mid-January that would legalize gambling in designated “entertainment complexes,” paving the way for casinos to be built in the Southeast Asian tourist hub. 

If done right, the integrated resorts model—which has worked well for Singapore—could be a “game changer” for Thailand’s tourism industry and could even help the Southeast Asian country overtake every other gaming jurisdiction in the region, some analysts say.

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