Royal Turf Club of Thailand announces interest in developing a racino in Bangkok

  • UM News
  • Posted 1 year ago
00:00

The Royal Turf Club of Thailand (RTCT) has voiced plans to invest $4.5m in developing a resort casino as part of a wider entertainment complex called The Royal Siam Haven in Bangkok.

According to Thai news outlet National Thailand, RTCT Executive Patvee Surin has confirmed that a memorandum of understanding has been signed with investment partners for the project. Alongside a casino, it would offer a horse racecourse, a six-star hotel, a golf course, a yacht club, luxury dining options, a theatre, a medical tourism hospital and a learning centre.

Four Thai companies have so far lodged their tentative interest in developing a casino resort including U-Tapao International Aviation (UTA), Charoen Pokphand (CP) Group and The Mall Group.

UTA’s blueprint is for the Eastern Economic Corridor (EEC) and U-Tapao Airport, while CP Group wants to build a complex in Bangkok’s Makkasan subdistrict. The Mall Group is looking at two potential projects one in Bangkok’s Bang Na district and one in Phuket’s Kathu district.

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