🤑 Japanese parliament approves casino law despite opposition | iGaming Business

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The government hopes gambling resorts will provide a new source of tax revenue. Japan legalized casinos in and passed another bill in.


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The law will allow the establishment of casinos in up to three locations, but opponents are concerned about gambling addiction.


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he casino bill passed by the Japanese parliament will authorize the to secure passage of the casino legislation and other controversial bills.


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(Integrated Resort Promotion Act art. 1.) Japan has no casinos. The Penal Code of Japan states that a person who runs a for-profit gambling.


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A separate piece of legislation related to the nascent casino industry – the Basic Bill on Gambling Addiction Countermeasures – was passed by.


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Japan's opposition parties have said they will introduce a bill that seeks to repeal the Integrated Resorts Promotion Act (IRPA), the law passed.


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Following passage of an eagerly anticipated bill to legalise integrated resorts, The path toward Japanese casino approval is two-fold, with the legislation.


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The government hopes gambling resorts will provide a new source of tax revenue. Japan legalized casinos in and passed another bill in.


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he casino bill passed by the Japanese parliament will authorize the to secure passage of the casino legislation and other controversial bills.


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The law will allow the establishment of casinos in up to three locations, but opponents are concerned about gambling addiction.


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Gaming operators, including major U. It adds rules of operation to a law on casino promotion passed in Supporters say casinos can attract more and wealthier tourists. Japanese Prime Minister Shinzo Abe delivers a speech during a press conference at the prime minister's official residence in Tokyo Friday, July 20, Connect with the definitive source for global and local news. Follow Mari Yamaguchi on Twitter at www. All rights reserved.{/INSERTKEYS}{/PARAGRAPH} Many experts and former addicts say pachinko was the main cause. Host city and the central government split 30 percent of the casino revenue they collect as tax. The law will allow up to three casinos to operate but they are unlikely to open until the mids, after the Tokyo Olympic Games. Japan has a significantly high gambling addiction rate among advanced nations. Opposition lawmakers said the casino law would only allow foreign operators to make money off Japanese. {PARAGRAPH}{INSERTKEYS}The bill was approved and enacted into law at the upper house after bulldozing by the ruling bloc. Japan Parliament OKs law to allow up to 3 casino resorts. Media surveys have showed a majority of Japanese oppose the plan. Several cities, including Osaka and Wakayama in western Japan, Yokohama, a southern port city of Sasebo, and a few cities on the northern island of Hokkaido have expressed interests to bid for casino licenses. Admission will be free for foreigners but a set price for residents in Japan. Projections by experts show casino visitors would be predominantly Japanese, rather than foreign tourists. The lower house passed it last month. A study by the health ministry found that about 3. To address concerns about addiction, the law limits local residents to three casino visits per week and 10 per month. The Associated Press.