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.
Apr 20, 2021The average nightly occupancy rate for Macau hotels – including properties in casino resorts – could reach “70 percent to 80 percent” during the upcoming Labour Day break in May,...
Budget for Genting Bhd's Resorts World Las Vegas, to open June 24