Following passage of an eagerly anticipated bill to legalise integrated resorts, Japan is now primed to step forward as one of the most significant expansion opportunities in the history of the international casino industry.
Still, there is a long road ahead before the specifics of Japan’s casino regime are set in stone.
The path toward Japanese casino approval is two-fold, with the legislation passed by Japan’s Diet in December 2016 simply calling for authorisation of integrated resorts.
Now, the administration of Japan’s Prime Minister Shinzo Abe and Diet members must craft a more detailed, implementing bill — setting out a precise regulatory framework for a casino market that many believe will very quickly become one of the most lucrative on the planet.
See below for GamblingCompliance’s coverage from Tokyo.
Insight & Analysis
The Japanese government has announced five nominees for the steering committee of the Casino Management Commission, the gaming regulator for integrated resorts, including a chairman with a prosecutorial and national defence pedigree.
Macau and Philippine integrated resort (IR) operator Melco Resorts & Entertainment has abandoned its campaign for an IR licence in the...
Las Vegas Sands (LVS) has abandoned Osaka as a candidate city in its quest for a Japanese integrated resort (IR) licence, declaring the...