I saw this when it was posted on reddit the other day. The OP paid about the equivalent of $6.50 to see this show and had no idea what he was in for. It's a good reminder to be aware of these sorts of tourist traps when traveling abroad (or even domestically) and avoid giving them money. These operations stay in business because foreigners pay to see it.
Someone posted a 'counter' to it with pics of snake demonstration from a Red Cross-run facility in Thailand that keeps venomous snakes to make anti-venom. http://imgur.com/a/tnqFM