Regulations for Casino Resorts in Japan Approved by PM

Japanese gambling fans have reasons to celebrate. Regulations for casino resorts in Japan have been officially approved by the country’s Prime Minister. There is finally a legal framework for these casinos to begin operating.

It’s extremely exciting news for the gaming industry here. The Japanese government has been extremely thorough in its legal guidelines, and have finally approved a legitimate set of plans. Let’s take a quick look at the specifics of these regulations and the future of casino gambling inside Japan.

Roadmap to Casino Resorts in Japan

The primary reason to introduce casinos in Japan is to bring in more tourism and revenue. This country has been extremely strict on all forms of gambling in the past, yet the potential for massive revenue earnings through gambling has changed the government’s stance. A bill passed in 2018 laid out the framework for casinos to begin operating here.

In anticipation of legalized casinos, Japan began implementing some new laws. They called for facial recognition inside pachinko parlors and called for the removal of ATM machines inside all gaming establishments. The government wants to ensure gambling addiction does not become an issue in the country.

This week, the government officially approved the regulations for casino resorts in Japan. It’s a huge development. So what exactly are the requirements for casinos here?

Japanese Casinos Facing Strict Regulations

There are going to be some strict laws for casino resorts in this country. First off, these casinos will need to be at least 100,000 square meters. The area for the actual casino must be no more than 3% of the entire resort.

One of the biggest regulations for casino resorts in Japan surrounds advertising. All forms of casino marketing can only take place inside international arrival areas at travel hubs.

One regulation is impacting gamblers here. Casinos in the country are required to report to the government anyone who makes transactions over more than $9,080. There is also an overall limit on how much can be spent inside casinos.

With regulations now in place, a company can now be chosen to operate the first casino. Some of the most powerful gaming companies in the world are vying for their spot in this market. One company, in particular, is pushing very hard.

MGM Resorts Could Operate First Casino in Japan

The heads of MGM Resorts are making it clear they want to get into Japan. Not long ago, this company was given sponsorship for the MLB’s opening series taking place in Tokyo. It was a clear sign that MGM was making headway in the country.

Jim Murren, CEO of MGM Resorts, has stated he wants the first casino in Japan to be constructed inside Osaka. The tourism industry here is extremely strong, and lawmakers in the city are showing an interest in casino plans. Businesses in this city are also pushing for a casino.

Murren claims that the Japanese government will grant its first casino license next year. The first casino will begin operating here by 2025. Despite the long timeframe, it’s a very exciting time for gambling fans inside and near Japan.

Do you think the regulations for casino resorts in Japan make sense? Will MGM Resorts be the first company to operate a casino here? Let us know in the comment section below!

Kevin Oldroyd

A longtime sports and gambling enthusiast, Kevin looks to present up-to-date and reliable information for readers. If he’s not writing, he’s probably watching MMA or playing blackjack.

Recent Posts

There Are More Gambling Ads in Denmark Than Ever Before

Denmark is somewhat of a pioneer in the European gambling industry. It was the first Scandinavian country to open its… Read More

October 18, 2019

Illegal Casino in Delhi Gets Raided, 58 Arrested

India is notorious for its tough laws on the gambling industry. Despite the heavy restrictions, many individuals here choose to… Read More

October 16, 2019

Gambling Punishments in Malaysia Are Getting More Severe

Malaysia has never been considered a gambling-friendly country. In recent months, gambling regulations here have significantly increased. Reports are now… Read More

October 15, 2019

Gambling Taxes in Italy Are Set to Increase

For most of 2019, Italy’s gambling revenue has increased. Unfortunately, the increase in revenue has also led to some crime… Read More

October 15, 2019

New UFC Betting Product is Officially Revealed to the Public

It appears that the world’s top mixed martial arts promotion is getting into the gambling business. A new UFC betting… Read More

October 14, 2019

Online Gambling Companies in Greece Face Higher Tax Rates

Greece is making some significant changes to its land-based and online gambling industry. The government here is working on new… Read More

October 11, 2019