Jul 09, 2018 Newsdesk Japan, Latest News, Top of the deck
Work is now due to begin at national and local government level in Japan to implement public policy measures to tackle what is termed “gambling addiction”, after the upper house of the country’s parliament passed on Friday a framework bill on that topic.
It had widely been reported previously in Japan that enactment of the measure – known as the Basic Bill on Gambling Addiction Countermeasures – was a necessary step before the process to create a legal casino industry could be completed.
According to information compiled by GGRAsia, the statute in question requires the central government to prepare the basic outline for gambling addiction measures and local governments to prepare the execution plan regarding such measures.
The bill was passed after discussion on Friday at a plenary session of the House of Councillors, the senior of the chambers in Japan’s two-house parliament.
The bill and the policies to be developed under it, cover not only casino gambling but also pachinko and certain spectator events on which wagering is currently allowed.
Following passage of the anti-addiction framework, it is expected that Japan’s parliament will soon start discussion of the Integrated Resorts (IR) Implementation Bill in a committee of the upper house, with a view to forming a resolution on the measure by July 19, before the current, extended, sitting of parliament comes to an end on July 22.
The House of Representatives, the lower chamber of Japan’s parliament, passed on June 19 the IR Implementation Bill.
If the IR Implementation 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.
Sep 20, 2022
Jul 11, 2022
Apr 01, 2023
Mar 31, 2023
Apr 01, 2023Macau’s casino gross gaming revenue (GGR) was up 246.9 percent year-on-year in March, to just under MOP12.74 billion (US$1.58 billion). The March tally was up 23.4 percent month-on-month,...
Mar 31, 2023
(Click here for more)
”Efforts have pivoted to the construction of the hotel tower, with plans to launch a soft opening before the end of 2024 and a grand opening in 2025”
Casino investor LET Group
On the development of a casino hotel in Manila, the Philippine capital