It’s been years in the making, but Japan spurred on by the promise associated with the 2020 Tokyo Summer Olympic Games appears to be finally creating a real push towards legalizing land gaming in the island country. News reports from Reuters state a solid draft of a gambling policy has been put together, and Japan’s Diet (parliament) may be reviewing before 12 months’s end for early 2014 passage, Jesus willin’ and the crick don’t rise.
Baby Procedures Towards Legalization At Last
Whether or not that occurs on schedule, however, it could take another two years for the legislators to drum up a more in-depth regulatory overview, which in turn would at long last open the road towards bonafide legal casinos to start being built. The goal, of course, being to own everything up and ready to move in time for those all-important tourists to be able to drop some chunks of change if they come to Japan for those summer games.
As we have been ad that is seeing of late, corruption, crime and gambling seem to often rest in the same bed together, and with an eye towards trying to stem that tide before the tsunami comes in, Japanese lawmakers are building some interesting safeguards in their casino regulations. Included in these are creating an independent gambling regulator who would in turn oversee the license application procedure, because well as making it mandatory for any licensees to truly have a decade’s (more…)