ID :
209710
Tue, 09/27/2011 - 13:29
Auther :
Shortlink :
http://m.oananews.org//node/209710
The shortlink copeid
GLO to turn Thailand's vast non-productive plain into entertainment complex
BANGKOK, September 27 (TNA) - The Government Lottery Office (GLO) plans to develop an entertainment complex, including a legal casino, in Tung Kularonghai, a vast, non-productive plain in Thailand's Northeast covering certain areas in six provinces, including Surin, Buri Ram, Si Sa Ket, Roi-Et, Maha Sarakam and Yasothon Provinces.
GLO Director-General Wanchai Surakul spoke of the plan Tuesday when he was leading a group of Thai journalists for a study trip at established entertainment facilities in Macao.
Wanchai said that the plan to turn the over-two-million-rai Tung Kularonghai into the country's entertainment complex, the first of its kind, to provide comprehensive entertainment services to all members of families, namely shopping malls, tuition houses, a golf course and even a legal casino, will earn the Thai government's more massive revenues annually to be used for national development projects.
The GLO chief pointed out that entertainment facilities in Macao have each paid over 30 per cent annual revenue tax to the Chinese special administrative region, and that many neighbouring countries surrounding Thailand, including Cambodia, Malaysia and Singapore, have secured a large amount of annual revenues from their own legal casinos.
The GLO chief acknowledged that the plan needs to be first approved by the Thai finance minister, saying that his office is also seeking a revision of an official regulation for a reduced submission of part of its net revenue to the state coffer, from 28 per cent to 25 per cent annually, to contribute the remaining 3 per cent annual revenue to a newly-established welfare fund to assist the needy in the Thai society. (TNA)
GLO Director-General Wanchai Surakul spoke of the plan Tuesday when he was leading a group of Thai journalists for a study trip at established entertainment facilities in Macao.
Wanchai said that the plan to turn the over-two-million-rai Tung Kularonghai into the country's entertainment complex, the first of its kind, to provide comprehensive entertainment services to all members of families, namely shopping malls, tuition houses, a golf course and even a legal casino, will earn the Thai government's more massive revenues annually to be used for national development projects.
The GLO chief pointed out that entertainment facilities in Macao have each paid over 30 per cent annual revenue tax to the Chinese special administrative region, and that many neighbouring countries surrounding Thailand, including Cambodia, Malaysia and Singapore, have secured a large amount of annual revenues from their own legal casinos.
The GLO chief acknowledged that the plan needs to be first approved by the Thai finance minister, saying that his office is also seeking a revision of an official regulation for a reduced submission of part of its net revenue to the state coffer, from 28 per cent to 25 per cent annually, to contribute the remaining 3 per cent annual revenue to a newly-established welfare fund to assist the needy in the Thai society. (TNA)
