Japanese Casino Legislation To Be Implemented July 19
Bidding For The Four Available Licenses Will Start This October
by Steve Schult
| Published: Jul 15, 2021
According to
GGR Asia, Japan’s Integrated Resorts Implementation Act will take effect Monday, July 19. The law will make casino gambling legal as long as it is being run by a licensed operator. Most forms of gambling were illegal before the passage of this bill.
The bill was originally passed in July 2018, but it took several years for the National Diet to work out the details and create a regulatory environment it deemed worthy.
The IRIA also created the Japan Casino Regulatory Commission to set the rules for operators to work under. Earlier this year, the Commission drafted regulations for the industry and put them up for public comment until May 9. There was no real pushback and they will also be implemented this Monday.
Recent Gambling Regulations in Maryland
The stringent US gambling laws regulating online gambling are actively getting revised in most American states. Sports betting industry is a front runner in this trend, and soon, residents of Maryland could enjoy better local betting options. Lawmakers’ stance on online casinos has softened in recent years. Part of the factors contributing to this reconsideration is the tremendous potential of online casinos to stimulate the economy even under recession.
Recently, the issuance of gambling licenses to in-person and online betting has been a major motion in Maryland’s legislative process.
During last fall’s general elections, voters massively supported sports betting legalization. Now, it is up to the government to decide on how best to kick-start the industry. However, the House of Delegates and State Senate have conflicting views on how best to number licenses issued to such operators.
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Japan’s draft regulations for casinos, undergoing public consultation until May 9, are currently stringent in terms of ensuring integrity of casino operations, and are compatible with current gaming industry practice in major regulated markets, industry observers told GGRAsia. But there are still several areas of the draft regulations that require further clarity, the people indicated.
The Japan Casino Regulatory Commission announced on April 2 a draft of its intended enforcement regulations. They cover the basics of casino operations and oversight measures, among other things.
Japanese scholar Toru Mihara told GGRAsia, the aim of the regulations was to be “sufficiently stringent” to ensure the “integrity and safety” of casino operations at integrated resorts (IRs), as large-scale casino complexes with tourism facilities are known in that nation.