Casino liberalisation in Thailand not on the radar, Donaco chief said
The legalisation of casino gaming in Thailand isn’t imminent, according to the chief executive of an Australia-listed casino operator.
Casino News Daily reports Donaco chief Lee Bug Huy said he does not expect the Thai government to legalise gambling, in response to a question from investors about the company’s first half financial year update.
Thai Prime Minister Prayut Chan-o-cha indicated that the legalisation of gambling was under discussion in January.
He said he might consider a casino measure in a bid to curb the proliferation of illegal gambling establishments in the country.
Thailand has one of the toughest anti-gambling regulatory frameworks in southeast Asia.
Under the nation’s gambling law, which was enacted in 1935, state- run lotteries and betting on horse races are the only legal gambling activities.
Last year, lawmakers adopted a series of measures aimed at cracking down on online gambling operators targeting Thai customers.
Commenting on the prospect of Donaco’s flagship property, Star Vegas Resort and Club, Mr Lee asid the January COVID-19 outbreak in the broader regional area will have a temporary short-term impact on their operation.
However, Donaco expects it to be outweighed by the positive long-term outlook as vaccinations are set to be rolled out across the region in the second half of the financial year.
Vaccination began in Cambodia in March, while in Vietnam, where Donaco also operates casinos, it is expected to commence by the end of the month.
Mr Lee also noted that the company recorded positive EBITDA during the first half of their financial year and attributed the result of an effective strategy.
Following the boardroom overhaul, the casino operator focused on fixing “what had to be fixed” and is now ready to “move forward once the COVID-19 situation improves”.
Located in Poipet, near the Thai border, Star Vegas is the largest casino complex in the city and Donaco’s most profitable property.
The company purchased the luxury hotel and gaming complex in 2015 in a move that increased significantly its size and scale.
Donaco caters to high-roller gamblers from the Thai and Chinese markets.
Artificial intelligence technology deployed at Vegas casino
A technology firm is deploying a platform that uses artificial intelligence and hidden sensors to detect threats at the Plaza Hotel and Casino.
Security Sales reported in December that Patriot One Technologies announced it will deploy its multi-sensor technology PATSCAN this quarter for the holiday season, offering increased security and safety for resort guests, staff and partners.
In addition to the PATSCAN component of the platform for the detection of visible and invisible threats, such as weapons, disturbances, elevated body temperature identified and facial mask detection, the Plaza will also deploy Patriot One’s new PATSCAN multi-sensor Gateway for concealed weapon detection.
“We’re excited to bring this new innovation, AI-driven threat detection technology to the Plaza,” general manager of the Plaza Hotel and Casino Jay Franken said.
“Popular for a classic Vegas experience and conveniently located at the top of the Fremont Street Experience, the Plaza Hotel and Casino typically welcomes thousands of guests a day.
“So we are pleased to be the first in the downtown area to implement new physical and health security solutions to better protect our guests and staff.”
Patriot One’s PATSCAN platform is driven by artificial intelligence consisting of a network of hidden sensors that can detect concealed, concealed threat objects, weapons detection from afar, public disturbances and fights through its algorithms, multiple sensors and AI video.
It also has health and safety threat detection modules; specifically thermal elevated body temperature, facial mask, social distancing and contact tracing detections.
“We’re excited to be working with the Plaza Resort and Casino in downtown Las Vegas,” president and chief operating officer of Patriot One, Dietmar Wennemer said.
“Our business development team has been working with a number of Las Vegas casinos and resorts since setting up operations in the city back in December 2017.
“With the commercialisation of our PATSCAN platform and the reopening of resorts and casinos, we’re seeing an increase in interest for our solutions.”