Japan's ruling Liberal Democratic Party (LDP) has agreed in principle to submit a bill to parliament to legalise casinos in the country, according to reports emerging from Japan this week. However, the drafting of a casino bill and the creation of a new regulator will still require cross-party support.The move to accelerate the much anticipated casino process in Japan will require the LDP to seek the support of its coalition partner, the New Komeito Party, and the opposition Democratic Party of Japan to pass the legislation, the Japanese news agency Jiji Press has reported.
In June 2006, the LDP panel advised by Toru Mihara drew up a policy to launch two or three casinos in Japan in a bid to attract foreign visitors to Japan and revitalise regional economies.
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