Thai has one of many biggest gambling populations in the world. Despite being fully a small country with only 4.4 million inhabitants, Thai's residents spend billions of dollars on gambling every year. Playing land-based casino games is particularly popular, but online gambling has increased in popularity over the years.
Currently, Thai's gambling laws prohibit online gambling. Unlike many countries, the laws do not punish players to take part in internet gambling activities; instead, online casino and online poker operators who provide their services to Thai residents are prosecuted for doing so. The advertisement of online casinos and online gambling brands can be prohibited in Thai. Fortunately, because the legislation has been passed, no operators have now been reprimanded.
There are only two operators which can be allowed to supply their services to Thai residents: TabCorp and the Thai Lottery Commission. TabCorp is one of many biggest land-based gambling operators in the united states and has already established a monopoly on the net sexygaming market for years. The company's online gambling website has earned billions of dollars over the length of yesteryear five years and shows no signs of slowing down. In 2011, TabCorp's online services brought in over $700 million in revenue. Following a remarkably successful foray into the web gaming world, the operator now has its eyes on the mobile gambling market.
The Thai Lottery Commission has just launched a unique online gambling service, allowing customers to purchase their lottery tickets online. Players register to the site as they'd at every other online casino, and they are able to fund their accounts using the credit cards or bank accounts. There is a $150/week or $300/month spending limit at the NZLC's website, and players can choose lower limits if they wish. The Thai Lottery Commission also offers online bingo and keno.
Although you will find strict rules dictating which companies may and might not offer online casino services to players, it appears that Thai's government may be looking into the choice of regulating offshore gambling websites. After witnessing the huge growth of offshore gambling websites and success that other countries have experienced in regulating the market, the federal government seems ready to follow suit. Earlier this season, the Inquiry into Interactive and Online Gambling was launched. The review may lead to an on line gambling reform, which may start to see the legalization and regulation of offshore gambling in Thai and Australia.
