Japanese Casino Legislation On Target; Organized Crime Gets Shut Out
It’s been decades in the making, but Japan spurred on by the promise regarding the 2020 Tokyo Summer Olympic Games appears to be finally building a push that is real legalizing land gaming into the area country. Information reports from Reuters say a solid draft of a gambling policy has been put together, and Japan’s Diet (parliament) may be reviewing before year’s end for early 2014 passage, God willin’ and the crick don’t rise.

Baby Steps Towards Legalization At Last

Whether or not that takes place on schedule, however, it could take another two years for the legislators to drum up a more in-depth regulatory overview, which in turn would at long last open the road towards bonafide legal gambling enterprises to start being built. The goal, of course, being to have everything up and ready to roll in time for those all-important tourists to be able to drop some chunks of modification if they come to Japan for those summer games.
As we’ve been ad that is seeing of late, corruption, crime and gambling appear to often rest in the same sleep together, and with an eye towards trying to stem that tide before the tsunami comes in, Japanese lawmakers are building some interesting safeguards to their casino regulations. These generally include producing a gambling that is independent that would in turn oversee the license application process, because well as making it mandatory for any licensees to have a decade’s worth the least their tax, banking and credit home elevators almost all their top-level executives available for review. Read more →