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Originally Posted by thommy
if you are interessted on that topic here is a link to a linkedin article what is written from my lawyer.
btw. the planned sands casino is at thaphraya road right opposite from the new grand carribean residences. and around that spot (what was empty for many many years) have opened TONNS of new businesses, bars and restaurants just in the past 5 month.
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Thanks for the link. That sounds like a lot of what if, maybe, and could be. Perhaps someday, but not while the junta is running the country. Like knocking down half of Walking Street, they have been talking casinos for years, but they couldn't even get it done when the Kunplomes held positions of Mayor and Governor of Chonburi, with their father running the entire region as a mob boss, and there is no way it's going to happen under junta rule. Though, someday it may happen.
One thing the Thais are famous for is speculation and land rumors. It drives property values. The train is going to have a station here, they are going to build a new airport there, a new mall is going up here, so buy now while you still can. Most of it never happens. You can look back through the news and see report after report, official ones, of even the government saying things are going to happen in certain areas, and they never do. Lots of pipe dreams and empty promises here. I hope they do build a casino in Pattaya, it will probably increase property value, but I'll believe it when I see it. It would also probably be the kiss of death for Pattaya, a city that already can't deal with the amount of people and traffic there. Now imagine casino traffic and tourists on top of what's already there. Good luck with that.