GGRAsia – Japan budgets US$58mln to set up, run casino commission

() () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()

Japan budgets US$58mln to set up, run casino commission

Dec 26, 2019 Newsdesk Japan, Latest News, Top of the deck

Japan budgets US$58mln to set up, run casino commission

Japan’s national government has earmarked an aggregate of JPY6.4 billion (US$58.4 million) to set up its casino management commission in fiscal 2019 and to start operating it during financial year 2020.

That is according to local media reporting of a cabinet resolution on December 20.

GGRAsia’s Japan correspondent said that the Cabinet Office had – for fiscal-year 2019 – a JPY2.6-billion budget for establishing the casino management commission; and in fiscal-year 2020 a JPY3.8-billion budget for operating it.

On November 29, the country’s parliament confirmed the senior personnel for the casino management commission. It will be officially established on January 7.

The commission – to be an independent agency under Japan’s Cabinet Office – will deal with security matters, probity and background checks. It will also oversee casino resort operators in Japan, as well as advise on measures to counter gambling addiction.

Michio Kitamura, a 67-year-old former high prosecutor general of Fukuoka, is to chair the commission, which includes four other members.

Related articles

Singapore budget no material impact on...
Feb 19, 2020
Akimoto arrest regrettable, IR policy...
Jan 23, 2020

More news

KN Paradise seeks casino operator for...
Feb 25, 2020
APE says ISO certification on gaming...
Feb 25, 2020

KN Paradise seeks casino operator for Vietnam resort

KN Paradise seeks casino operator for Vietnam resort

Feb 25, 2020

KN Paradise Cam Ranh beach resort, a tourism project in Vietnam’s Khanh Hoa province, announced on Tuesday that the Vietnamese government has “recently issued” an investment certificate...

APE says ISO certification on gaming tech sales, service

APE says ISO certification on gaming tech sales, service

Feb 25, 2020

Macau govt says no request by casino ops for tax breaks

Macau govt says no request by casino ops for tax breaks

Feb 25, 2020

Macau govt virus control work gets some positive reviews
Feb 14, 2020

A straw poll by GGRAsia on the Macau government’s...
Tokyo one to watch in 2020 casino news, Apac venues rising
Dec 31, 2019

Japan casino liberalisation will inch forward in 2020...
Macau tipped for 2020 mass bets up on limited venue uptick
Dec 30, 2019

Macau’s casino gross gaming revenue (GGR) could see 2020...
New Macau CE has tough work on gaming laws, public policy
Oct 11, 2019

Macau’s six casino business licensees have a good chance...
Challenges of banking on Macau ‘premium mass’
Sep 20, 2019

Premium mass, a Macau casino betting segment that carries...