MGM Resorts’ President of Global Development, Ed Bowers, urged governments to actively collaborate with casino operators and engage the public when legalizing integrated resorts (IRs). Speaking at G2E Asia, Bowers warned that without clear communication and strong public policy messaging, governments risk losing the chance to develop successful IR markets.
Although Bowers didn’t mention Thailand directly, his remarks come as the country faces growing opposition to its stalled casino bill. Policies like the THB50 million (US$1.5 million) minimum bank balance requirement for locals could deter potential investors and limit market growth.
Bowers outlined what drives success in gaming jurisdictions: fair tax rates, a suitable number of licenses, local player access, and a transparent regulatory framework. He emphasized the need for regulations that attract investment while protecting players and upholding integrity.
“Governments must clearly explain how IRs benefit communities—through job creation, tourism, and infrastructure—and ensure the regulatory process remains transparent and corruption-free,” Bowers said.
He also spoke about Japan’s IR market, where MGM secured the only approved license for its Osaka project. Bowers noted that Japan may open two more licenses, but any progress could take 2–3 years. MGM recently increased its Osaka investment from $2.5 billion to $3 billion due to higher construction costs.
As Thailand considers legalization, Bowers sees strong potential—but only if the government addresses public concerns and builds a clear, credible framework. “Operators need policies aligned with international best practices, including access for Thai nationals and a trustworthy application process,” he added.
