August 18, 2017

Japan start public hearings on Integrated Resorts

Japan has started month long open public hearings on the future of casino resorts in the country with comments accepted on how the government will shape how casinos with operate in the country.

Following the hearings the debate will move to lawmakers on what will be allowed and what will not, given that half of the nation is still opposed to the opening of casino resorts the coming month will be very interesting on how they will be restricted.

Some of the topics that will be covered in the hearings are the limit on casino space in resorts, tax rates on operators, a potential ban on ATM’s in casino resorts to limit impulsive gambling and a limit on the amount of visits local residents can make to a casino.

International operators who are eyeing the Japanese gaming market are concerned that their growth could be limited if the government make too many restrictions towards gaming.

During the hearings casino operators are also allowed to make observations and comments on the process which is held in Tokyo.

Many involved in the gaming industry application process to build integrated resorts fear the potential $25 billion a year revenues in Japan could be dramatically lower if too many restrictions are imposed.

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