Japan pushes for regulated casino market

Published on December 7, 2016 in Industry News

Japanese online casino marketRecently more and more countries have moved towards launching a regulated online casino market.
 

“Japan has jumped on board after a legislation bill passed by a lower house committee last Friday.”

The bill had the support from backers including the ruling Liberal Democratic Party (LNP) and the opposition Nippon Ishin no Kai. The bill was pushed through in only two days and the goal is to pass the legislation by December 14th, marking the end of the present parliamentary session.
 

Objections and debates

There were objections in Friday’s session from opposing parties as well as a member of the ruling coalition. According to the Nikkei Asian Review reports the debate was “minimal”, although the opposition Democratic Party protested against the bill by walking out of the vote. 

One of the biggest concerns junior coalition partner, Komeito, had regarding the proposed legislation involved the impact it might have on issues such as gambling addictions. This made it difficult to reach unanimity on how to vote.
 

Bill support

The bill gained the support of Japanese Prime Minister Shinzo Abe, who spoke openly about how casinos could sustain incoming tourism during and after the 2020 summer Olympic and Paralympic games. The games are set to take place in Japan’s capital city of Tokyo.

Possible locations for land-based casinos include the artificial island in Osaka Bay, Yumeshima and the cities of Sasebo, Yokohama, and Hokkaido.