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Japan to form Casino Regulatory Body in January, 2020

Japan is all set to form a regulatory body for overseeing casino operations. Even though locals have reservations about Integrated Resorts, but Japan has probably made its mind. The Government has announced that a regulatory body will be formed as early as January 7, 2020. The committee will have two focus areas majorly. The first is to supervise the Integrated Resorts and the other is to mitigate all the social harm that the introduction of the casino might bring. The introduction of casino gambling in Japan is long anticipated and it seems that Japan would very soon see the casinos.

The government also announced that the committee would be headed by five members. It will be acting under the Cabinet Office and would be an independent agency. The committee can have 100 members. Parliamentary approval would be required for government nomination. The current extraordinary session of diet would have the name submitted.

The Government has not made very rapid progress on this front. There are host cities still to be identified with three maximum locations for the Integrated Resorts. There has been a lot of drama on this but nothing concrete has come so far.

Politicians may be in favor of the casino plans but not the citizens. Many surveys have been conducted so far and the majority of the people have opposed the idea of a casino in their cities. Well, it is not going to be an easy entry to Japan for Casino and thus the Government is taking a glacier approach to the entire matter.

The Japanese Voice can be understood from the Jiji Opinion poll which was conducted recently. 57.9% of the respondents opposed the idea of a casino in Japan and only 26.6% favored it. Among those who favored it, 29% do not want the casinos to be in their city. Hence, it is understood Japanese largely do not want casinos to be in their city.

Japan is already facing problem gambling issues. Legal Gambling in Japan is only limited to Lotteries, Race Betting, and Pachinko. Last April, Government strengthened its measures against the Problem gambling and removed cash machines from Pachinko Halls and Racetracks.

With the problem of gambling issues mounting up, the Japanese Government would take extra measures before establishing Casinos in Japanese Cities.

Source: https://calvinayre.com/2019/10/22/casino/japan-forming-casino-management-committee-january-2020/

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About the author

Debopom Sanyal

Debopom Sanyal

Debopom is a web journalist and news enthusiast. He has been writing about world politics, science, health, finance, and technology. An avid sports enthusiast, Debopom has done his Masters in Finance and Bachelors in Engineering.

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