SKYH Entertainment Offers Billions In Casino Resort In Bangkok
A bold new vision for Bangkok’s entertainment environment is on the horizon as SKYH Entertainment Group proposes a large, multibillion-dollar integrated resort and township in Bangkok’s Nongchok district. If approved, the large-scale development will include a variety of unique attractions, including a state-of-the-art casino, several five-star hotels, conferences, and exhibitions (MICE) facilities, Formula 1 circuits, and indoor skiing. The proposed location is strategically located just 10 kilometers from Suvarnabhumi Airport, making it a major destination for international travelers.
The ambitious plan presented by SKYH Entertainment envisions more than just a casino. The 1,000-acre development will offer a variety of attractions aimed at tourists, business travelers, and families alike. In addition to casinos, the complex will include entertainment options such as high-end retail shops, high-end restaurants, concert halls, and boxing facilities in Thailand. There are also plans for medical centers, PGA standard golf courses, theme parks, and water parks, which can add to the development’s broader appeal.
The proposal highlights the integration of global brands, with SKYH Entertainment working with high-profile partners including Marriott, Formula 1, Universal Studios and Disneyland. The project is expected to create about 60,000 jobs, directly and indirectly, while attracting “hundreds of thousands” of tourists annually to Bangkok, the company explains.
In an internal document obtained by Inside Asian Gaming, SKYH Entertainment Group expressed its commitment to working closely with the Thai government to ensure the success of the project: “SKYH is committed to working closely with the Thai government to ensure the success of the project and its positive impact on Thailand.” The company added that the development marks a significant step forward in realizing a vibrant and dynamic vision for Thailand.
Financial Guarantee and Potential Impact
SKYH Entertainment described a “solid financial structure” for development, including guarantees of minimal gambling tax contributions if a casino license is secured and an additional revenue-sharing agreement with the Thai government. These financial commitments could provide significant economic benefits to Thailand, boosting the country’s economy through tourism, job creation and tax revenue growth.
The proposal comes at a time when the Thai government is considering legalizing casinos as part of a broader strategy to boost the long-term economic outlook. The draft legislation, which is currently passing parliament, 파워볼사이트 can grant up to three casino licenses in Bangkok alone, with the possibility of up to seven being issued nationwide. Each license lasts 30 years, and is reviewed every five years.
The push for casino legalization has gained momentum following Thailand’s newly appointed Prime Minister Patongtan Sinawat, who has expressed support for the legalization of casinos as part of Thailand’s economic development plan. While the Prime Minister continues to prioritize growth initiatives, large-scale projects such as SKYH’s proposals could play a significant role in transforming Thailand’s tourism and entertainment sector.
Such development prospects could become a reality in the near future as Thailand’s parliament nears the passage of the casino bill. Although progress has historically been delayed by public opposition to casino developments, growing support within the government could pave the way for such projects to proceed, and SKYH Entertainment’s proposal has become one of the most ambitious proposals to date.