Japanese government revisits casino gaming legislation
The Japanese government has commenced work on a second piece of legislation that sets out further regulations regarding casino gambling in the country.
Referred to as the ‘implementation bill’, the draft statutes will include details of how casinos are administered and regulated, the taxation regime, the location of casinos and the number of licences that will be issued.
Officials from various government agencies will work with lawyers, accountants, economists and other experts on the bill, with the government hoping to submit the bill during a possible extraordinary session of the parliament this autumn.
Japan officially legalised casino gaming on December 26 and although a number of major operators have declared an interest in opening facilities in the country,
analysts have said that the first casino resort may not open until 2021.
According to Jiji Press, Japanese Prime Minister Shinzo Abe said: “To realise clean casinos, we will introduce the highest standard of regulations in the world and will develop a system to properly enforce them.
“Through those measures, we aim to create attractive Japanese-style integrated resorts.”
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