The Next ETF Era Begins with Payments

After Solana and Hedera, another digital-asset ETF has arrived and it targets global money movement.

Thailand's Cabinet approves a draft bill to legalize casinos to boost tourism and economy

KEN MORITSUGU and ZEN SOO
January 13, 2025

BANGKOK (AP) -- Thailand's Cabinet approved on Monday a draft bill legalizing casinos with the aim of boosting tourism and a sluggish economy

Some forms of gambling, such as betting on boxing and horse racing, are allowed but casinos remain illegal in the Southeast Asian country.

Prime Minister Paetongtarn Shinawatra told reporters following the cabinet meeting the bill would also help attract more investments and solve issues of illegal gambling

"It will benefit society as a whole in the future," Paetongtarn said. "This is part of the government's policy to support sustainable tourism, or man-made destinations, which was addressed in Parliament."

She said the Finance Ministry, which sponsored the bill, would later provide more details about the plans, which are being promoted as "entertainment complexes."

The current government, which took office in September, has pledged to make the country's economic woes their top agenda.

The draft of the law, which was published online for public viewing, says a casino would be allowed to operate within a complex that also houses other businesses such as a hotel, convention hall, mall or theme park. Those younger than 20 years old will not be able to access the casinos, which will be open to foreigners for free but Thai citizens must pay 5,000 baht ($148) for an entrance fee, according to the draft.

The bill will be submitted to the Office of the Council State for review and then to Parliament to be discussed and voted on by members of the House of Representatives and the Senate, said government spokesperson Jirayu Hoangsub.

"Isn't it time for Thailand to acknowledge that there are gambling places, both legal and illegal, in the country and also the neighboring countries? This project aims to generate revenue for the country's tourism sector," he said in a statement.

Tourism is the main drive of the Thai economy and has always been the focus of the different administrations to improve the economy.

Continue Reading...

Popular

Venmo users have trouble sending and receiving money amid service outage

Users of the payment app Venmo experienced trouble sending and receiving money on Wednesday amid widespread social media posts about service issues.

Turkey's energy minister warns of threat to oil and gas supplies after tankers targeted

ISTANBUL (AP) — Turkey’s energy minister issued a call for the supply of oil and gas in the Black Sea to be protected after three off the Turkish coast.

The Next Biggest Bull Run In Over 50 Years - Ad

Gold has hit all-time highs, breaking $4,000 an ounce - but history shows it could be on the verge of its biggest bull run in over half a century... triggered by a likely major event, eerily similar to what happened in the 1970s. (It's NOT inflation or anything you're likely expecting.) Now, a top analyst says you can capture ALL of the upside without touching a risky miner or a boring exchange-traded fund. He sees extraordinary potential gains long term with very little risk.

Luigi Mangione's court hearing continues on anniversary of UnitedHealthcare CEO's killing

NEW YORK (AP) — A high-stakes hearing in the New York murder case against continues Thursday, a year to the day after prosecutors say he gunned down UnitedHealthcare CEO .

They've Done It 20+ Times-Now They've Found a New Memecoin to Watch - Ad

Our analysts have built one of the most reliable track records in the memecoin space by recognizing early momentum signals many traders overlook. Their newest pick shows several of the same early indicators found in past standout performers. Get the details before this story spreads.

Putin says there are points he can't agree to in the US proposal to end Russia's war against Ukraine

Russian President Vladimir Putin says that some proposals in a U.S. plan to end are unacceptable to the Kremlin, indicating that any deal is still some way off despite intense shuttle diplomacy by American envoys.

Why Is Symbotic (SYM) Stock Trending Overnight?

Symbotic shares are moving higher overnight following after-hours trading gains and recent analyst and insider activity.

Utility Over Hype: ETF Launch Alert - Ad

This ETF isn't about speculation, it's about infrastructure. Seconds-level settlement, low fees, and institutional custody.

Trump 'Very Seriously' Considering Australian Retirement Savings System For US Working People: 'It's A Good Plan'

President Donald Trump has revealed that his administration is actively exploring the possibility of implementing a retirement savings system similar to Australia's in the United States.

Scaramucci Says This One US Mistake Helped China Become a Manufacturing Superpower

Anthony Scaramucci recently highlighted what he considers a significant error by the US that enabled China to ascend as a manufacturing superpower.

D.C.'s Quiet Plan for a New Tech Era - Ad

Why did federal agencies receive orders to "clear the runway" for a phenomenon most Americans haven't even heard of yet? And why are billionaires rushing in weeks before January 1? Whitney Tilson decoded the pattern.

Bernie Sanders Says Likes Of Jeff Bezos And Elon Musk Now Own More Wealth Than 50% Of Americans Combined, Wonders If Thats What People Are Angry About

Sen. Bernie Sanders renews criticism of extreme wealth concentration, highlighting how tech billionaires Elon Musk, Jeff Bezos, and Mark Zuckerberg have more wealth than the bottom 50% of US households. Sanders calls it evidence of a rigged economy and compares the situation to millions struggling with poverty.

Eurovision chiefs face thorny question of whether Israel should take part in the 2026 song contest

GENEVA (AP) — Organizers of the , the feel-good pop music gala that draws more than 100 million viewers every year, are meeting Thursday to tackle a bitter and divisive issue: Whether in the 2026 competition.

The Smart Money Copper Trade - Ad

Quebec discovery. Strong grades. Roads and hydro in place. Funding secured for a busy drill calendar. Each assay can build scale and tighten the window for early entries as EVs and data centers pull harder on copper. Do not wait.

Silver Soars To Record Highs: It's Up 95% In 2025, The Best Year Since 1979

Silver prices surge over 5% as investors rush to secure metal amid tight supplies and global shortage concerns, driving up stocks and mining equities.

Nokia Secures Multi-Year Pact To Power Telecom Italia's 5G Expansion

Nokia (NYSE: NOK) secures 3-year deal with Telecom Italia (OTC: TIIAY) to expand 5G coverage in Italy using latest equipment.

The Repeatable Strategy Behind 20+ Early Memecoin Wins (Revealed) - Ad

Few analysts have been able to consistently spot strong memecoin setups, but our team has developed a repeatable framework that has helped them identify high-momentum plays early. Now they've uncovered a new project showing similar characteristics, and they want you to see the full breakdown yourself.

The $43B Big Pharma Story is Starting Over-With a New Player - Ad

Big Pharma once paid $43B for a small biotech with a similar platform. Now, a new company is following that same playbook, leveraging its patented delivery technology to attract partnerships and near-term revenue potential.

Jensen Huang Was Mistakenly Sent To A Kentucky Reform School, Where He Cleaned Bathrooms While His Brother Worked On Tobacco Farms

Nvidia CEO Jensen Huang's journey from mistakenly being sent to a Kentucky reform school as a child to building a trillion-dollar tech empire highlights how early hardship shaped one of the most influential leaders in the global AI industry.

Trump's $2,000 Tariff Dividend Stumbles On Math: Cost Far Exceeds Revenue

Trump's $2,000 tariff rebate plan faces a major math gap, with estimated costs up to $606.8B—far exceeding tariff revenues in 2025 and 2026, says the Tax Foundation.

Copper Is Tight, Silver Is Rising - And This Early Nevada Play Hits the Timing Perfectly - Ad

AI, electrification, battery storage, and data centers are pushing copper and silver demand sharply higher, even as supply stays tight. This region in Nevada offers rare multi-metal potential, and a new company has secured land in a district the surging district. It's one of the cleanest timing setups in the sector right now.

Barrick's Breakup Rumors, North America Versus The World

Barrick Mining (NYSE: B) may split into two companies, one focused on North America and another on Africa and Asia.

Bulgaria's government withdraws controversial budget after major protests

SOFIA, Bulgaria (AP) — Bulgaria's government said Tuesday it is withdrawing a controversial budget proposal after protests against it drew tens of thousands of people and saw clashes between police and protesters.

$270,000 Drug. One Competitor. Billion-Dollar Market. - Ad

Phase 3 trial targets recurrent pericarditis with an oral therapy that could disrupt the only approved treatment. And their heart failure program launches in 2026.

OpenAI's Partners Rake Up $96 Billion Debt as AI Industry's Borrowing Trend Escalates

Companies supplying data centers, chips, and processing power to OpenAI have racked up a staggering $96 billion in debt to fund their operations.

The Next ETF Era Begins with Payments - Ad

After Solana and Hedera, another digital-asset ETF has arrived and it targets global money movement.

Noem Says National Guard Shooting Suspect Was Radicalized In US

DHS Secretary Kristi Noem says that the suspect in the fatal shooting of a National Guard member in Washington was radicalized domestically.

The Next Biggest Bull Run In Over 50 Years - Ad

Gold has hit all-time highs, breaking $4,000 an ounce - but history shows it could be on the verge of its biggest bull run in over half a century... triggered by a likely major event, eerily similar to what happened in the 1970s. (It's NOT inflation or anything you're likely expecting.) Now, a top analyst says you can capture ALL of the upside without touching a risky miner or a boring exchange-traded fund. He sees extraordinary potential gains long term with very little risk.

What to know about the apartment tower fire in Hong Kong

HONG KONG (AP) — Hong Kong firefighters were making a final push to try and find any survivors from the city's , going apartment-to-apartment in the high-rise complex in an exhaustive search.

Jeff Bezos Says Almost Everyone Focuses On What The Next 10 Years Will Look Like—Here's What People Should Ask Instead

Amazon's latest surge in AWS growth and AI focus suggests that Jeff Bezos' long-standing philosophy of building around unchanging customer needs is continuing to shape the company's success more than a decade later.

They've Done It 20+ Times-Now They've Found a New Memecoin to Watch - Ad

Our analysts have built one of the most reliable track records in the memecoin space by recognizing early momentum signals many traders overlook. Their newest pick shows several of the same early indicators found in past standout performers. Get the details before this story spreads.

Tim Cook's Potential Successor, China's iPhone 17 Demand And More: This Week In Appleverse

Apple saw major shifts this week, from leadership speculation to streaming moves and a strong iPhone 17 surge in China.

Scrapyard workers recount horrific scene after UPS plane crash destroyed their Kentucky business

LOUISVILLE, Ky. (AP) — Supervisor Adam Bowman was loading metal onto a truck at a scrapyard just south of the Louisville, Kentucky, airport when he heard what he first thought was a transformer explosion and quickly realized was more horrific.

Utility Over Hype: ETF Launch Alert - Ad

This ETF isn't about speculation, it's about infrastructure. Seconds-level settlement, low fees, and institutional custody.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright systemtrading.ca
Privacy Policy | Terms of Service