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Stock impact report

Analysis-Thailand's big casino gamble hangs on fine print of regulations [Yahoo! Finance Canada]

Las Vegas Sands Corp. (LVS) 
Last las vegas sands corp. earnings: 4/22 04:05 pm Check Earnings Report
US:NYSE Investor Relations: investor.sands.com/ir-home/default.aspx
BANGKOK (Reuters) - Thailand is setting its sights on becoming a global gaming hub, with plans to build a casino industry that generates billions in revenue, draws some of the biggest names in the business and benefits a thriving tourism sector. But experts warn success will come only by playing its cards right on regulation, an area in which Southeast Asia's second-largest economy has a patchy record, such as its botched efforts to legalise cannabis in 2022. "They want a transparent process that will protect their investment with appropriate regulation," said Fredric Gushin of Spectrum Gaming Group, which helped Singapore build its casino industry into the world's No. 3, after Macau and Las Vegas. "This is a once-in-a-generation opportunity." By some estimates, Thailand has the potential to eclipse Singapore's glitzy casinos, in part by luring heavy hitters such as Las Vegas Sands Corp, MGM Resorts International and Galaxy Entertainment. None of the companies responded to Show less Read more
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