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
An integrated resort (IR) consortium led by MGM Resorts International was the only candidate to file a request for proposal to Osaka’s government by Friday’s deadline, seemingly gifting the company a lock on a Japan IR licence.
Tokyo prosecutors have again indicted ruling party lawmaker Tsukasa Akimoto for receiving bribes from Chinese gaming company 500.com.
Government and company delegates at Yokohama’s first integrated resort (IR) expo have played down loud public opposition to the city’s IR...