What is known, or at least anticipated, is that the country will follow the regulatory standards found in Las Vegas and Singapore.<\/p>\n<\/div>\n
Coming to terms on regulating casino resorts is anticipated to be a massive undertaking. The Diet is considerably larger than the United States Congress, as the legislative\u00a0arm consists of 475 members of the House of Representatives, and 242 House of Councilors.<\/p>\n
When Japan finalizes its second casino bill, the country could authorize as many as three casinos. The cities with the best odds of landing a resort, according to Union Gaming, are Tokyo, Yokohama, and Osaka.<\/p>\n
Gaming companies around the world are licking their chops at the thought of landing one of the coveted licenses. Casino operators like Las Vegas Sands, MGM Resorts, Galaxy Entertainment, and Melco Resorts (formerly Melco Crown) have all made public declarations saying they’re willing\u00a0to spend $10 billion in Japan.<\/p>\n
But as for the “little guy” already operating in Japan, the rumor is that company will be left out.<\/p>\n
\nDynam Japan Holdings, a company headquartered in Hong Kong, currently operates 444 pachinko halls in Japan. The mainly recreational arcade games are wildly popular in the country, but aren’t expected to be additionally liberalized to include higher betting\u00a0in the Diet’s casino bill.<\/strong><\/p>\n<\/blockquote>\nDynam’s good standing with Japan could make the company an attractive partner for a larger, more internationally known casino resort conglomerate. But Union Gaming thinks their time will come if Japan further expands gambling through regional casinos in smaller cities at a later date.<\/p>\n","protected":false},"excerpt":{"rendered":"
Japan’s National Diet is in the process of coming to terms on regulatory specifics on its recently passed integrated resorts bill, legislation that will legalize commercial gambling in the Asian country, and the statute’s\u00a0social impacts are thought to be of utmost concern. Union Gaming, an advisory firm focused on the global gaming industry with offices […]<\/p>\n","protected":false},"author":42,"featured_media":48313,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[13,18,61],"tags":[],"acf":[],"yoast_head":"\n
Japan National Diet Expected to Focus on Social Issues Relating to Integrated Resorts Bill<\/title>\n \n \n \n \n \n \n \n \n \n \n \n \n \n\t \n\t \n\t \n \n \n \n \n \n\t \n\t \n\t \n