The Royal Turf Club is raising a 200-billion-baht fund to open an entertainment complex that will include a casino on a vast land plot in Bangkok.
According to local media reports, a director of the club said it will work with foreign partners to develop “The Royal Siam Haven” on a 1,200-rai plot. Construction should start next year and would take seven years to complete.
The project will include a horse racetrack, a golf course, yacht club, sports complex, a six-star hotel, luxury restaurants, a wellness hospital and a casino.
The club did not reveal the location of the site.
The Pheu Thai-led government has been aggressively pushing plans to legalise casino gambling, but only within approved entertainment complexes. A draft bill has been written but even some parties in the coalition — notably Bhumjaithai — oppose the idea in its current form.
Founded in 1916, the Royal Turf Club operated the Nang Loeng Racecourse in Dusit district of Bangkok until it closed in 2018. The land was turned into a public park.
The club said its project partners were from China, South Korea and the United States.