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
Las Vegas Sands (LVS) has abandoned Osaka as a candidate city in its quest for a Japanese integrated resort (IR) licence, declaring the Kanto region’s Tokyo or Yokohama cities as its targets following the latter’s decision on Thursday to join the IR race.
The Japanese government’s vast set of voluntary rules to combat problem gambling will make the business of running an integrated resort...
Japan’s ruling coalition has shelved its plans to seek Diet approval for a new casino control commission this summer, pushing back the...