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Japan sets up gaming regulator

In just under 12 months, Japan will reveal its first ever official Casino Administration Committee (CAC), as an authority figure for regulating and supervising screenings and background checks, licensing control, and any activities conducted by online gaming establishments, and other brick-and-mortar based operators involved in the industrial casino industry. According to reports, the committee’s model of Congress will be made up of approximately 100 members, and will be an external bureau of the Cabinet Office of Prime Minister of Japan, Mr. Shinzo Abe. It will be their sole responsibility to oversee the licensing management of integrated casino resorts in Japan, and ensure the day to day operations are in order and running smoothly. Sources say, the Prime Minister believes casinos and gambling will have a very direct influence on the tourism that is attracted to Japan each year, following last month’s approval for the Integrated Resort (IR) Implementation Law to take effect. The new legislation was passed to allow 3 cities to be granted licenses for the establishment of 3 large-scale casinos. It’s already come to light that both Las Vegas Sands and MGM Resorts are looking to secure applications. Gambling is now legal in Japan but comes with conditions Briefings were recently held, which brought together government officials from 40 different municipals to discuss the implementation of the IR Act. After following suit from Singapore, the fact that gambling is now legal in Japan is likely to have some huge benefits on the economy as well as the country’s tourism, however; the new law was only passed subject to some strict conditions for the casino resorts scheduled to be built.

For the original version including any supplementary images or video, visit https://www.usaonlinecasino.com/casino-news/japan-sets-up-gaming-regulator/

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