• About Us
  • The Team
  • Advertise with Us

The latest news on the gaming industry in Asia

() () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()
  • Home
  • Macau
  • Philippines
  • Singapore
  • Japan
  • Rest of Asia
  • World
  • Features
  • Industry Talk
  • Trends & Tech
  • follow
    • Facebook
    • Twitter
    • RSS Feed
    • LinkedIn

Japan parliament extension boosts casino bill hopes

Jun 20, 2018 Newsdesk Japan, Latest News, Top of the deck  


Japan parliament extension boosts casino bill hopes

Japan’s governing coalition agreed on Wednesday to extend the current ordinary session of the country’s parliament until July 22, which could allow passage of the Integrated Resorts (IR) Implementation Bill, a key measure for creation of a casino industry there.

The move – amounting to a 32-day elongation of the present session, which had been due to end on Wednesday (June 20) – was due to be made official via a formal resolution in the legislature that afternoon.

The casino implementation measure is not the only piece of government business said to benefit from the extension of the parliamentary session. Other measures backed by Prime Minister Shinzo Abe’s Liberal Democratic Party and its government coalition junior partner Komeito poised for approval include a bill revising rules on labour conditions.

The current government is committed to a range of reforms that it says are aimed at improving the structure of the country’s economy. Casino liberalisation is one of them. The stated aim of the latter is to generate fresh inbound tourism to the North Asia nation.

Kyodo News, a press agency, said it was the first time since 2015 that Japan’s ordinary parliamentary session was being extended.

The House of Representatives, the lower chamber of Japan’s parliament, passed on Tuesday the IR Implementation Bill. That paves the way for the bill to be heard and passed by the upper chamber, the House of Councillors.

If the bill gets the nod in the current session, a number of industry executives expect the first casino licences to be issued in around the year 2020, with the first resorts to open for operation in circa 2025.

In mid-May it emerged that Japan’s two governing parties – and an opposition party – jointly submitted another bill to the country’s parliament on the vexed issue of gambling addiction counter measures. It has previously been reported that the passage of such a bill would be a condition of the timely passage of the IR Implementation Bill.


  • tweet
Related articles
  • Japan PM tells lawmakers of commitment to casino policy
    Japan PM tells lawmakers of commitment...

    Oct 29, 2020  

  • Pagcor backs tougher controls on illegal online gaming
    Pagcor backs tougher controls on...

    May 08, 2020  

More news
  • UA Galaxy Cinemas normal as HK ops cease: Galaxy Ent
    UA Galaxy Cinemas normal as HK ops...

    Mar 08, 2021  

  • Galaxy’s Lui hopes Macau 2H better amid vaccine rollout
    Galaxy’s Lui hopes Macau 2H better...

    Mar 08, 2021  


Latest News

UA Galaxy Cinemas normal as HK ops cease: Galaxy Ent

UA Galaxy Cinemas normal as HK ops cease: Galaxy Ent

Mar 08, 2021  

UA Galaxy Cinemas, the multiple-screen cinema facility at the Galaxy Macau casino resort, is operating as usual, the resort promoter Galaxy Entertainment Group Ltd has confirmed to GGRAsia. In...
Read More
Galaxy’s Lui hopes Macau 2H better amid vaccine rollout

Galaxy’s Lui hopes Macau 2H better amid vaccine rollout

Mar 08, 2021  

Pace of Macau GDP decline slows in 4Q amid tourism gains

Pace of Macau GDP decline slows in 4Q amid tourism gains

Mar 08, 2021  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Partners

Pick of the Day

“Construction work is progressing smoothly and even though the Covid-19 outbreak has impacted our original timeline, we remain committed to this groundbreaking project"

Grant Johnson

Property general manager of City of Dreams Mediterranean



Most Popular

  • Lim Kok Thay, GEN Singapore execs in US$1.3mln stock awardLim Kok Thay, GEN Singapore execs in US$1.3mln stock award March 2, 2021
  • Las Vegas Sands to sell off Nevada assets for US$6.25blnLas Vegas Sands to sell off Nevada assets for US$6.25bln March 3, 2021
  • Pansy Ho again cuts stake in MGM Resorts, for US$57mlnPansy Ho again cuts stake in MGM Resorts, for US$57mln March 4, 2021
  • LVS plans to keep U.S. base, stock listing: spokesmanLVS plans to keep U.S. base, stock listing: spokesman March 4, 2021
  • Fitch says LVS Nevada sale a negative, Moody’s keenerFitch says LVS Nevada sale a negative, Moody’s keener March 5, 2021
Copyright 2014-2021 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us