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
A new draft of Japan’s integrated resort (IR) Basic Policy has tightened compliance requirements but offers no apparent policy or cost relief to licence applicants.
The Japanese government has postponed the application window for regional integrated resorts by at least nine months because of pandemic...
Wynn Resorts has closed its office in Yokohama in the latest blow to the profile and competitiveness of the city’s integrated resort ...
Latest quarterly Integrated Resort Gaming report for the Asia-Pacific region. The data released in this report contains the following information: Quarterly and annual volume/drop/handle, revenue &...