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Japan’s developing integrated resorts bill won’t be revealed until August, if not later, at which point locations should be known, at which point companies wanting one of the two licenses will be able to make their bid. The bill will also presumably address a slew of regulatory concerns such as licensing fees, tax rates, and problem gambling safeguards.<\/p>\n<\/div>\n
In addition to cities jockeying for the right to open a casino, the global gaming industry’s major corporate players are also trying to position themselves accordingly.<\/p>\n
Las Vegas Sands, MGM, Wynn, SJM Holdings, Galaxy Entertainment, and Melco are all eyeing a coveted Japanese license. As for now, only two will be winners. And though revenue projections vary wildly until more is decided about what casino gambling in Japan should look like, it’s almost certain that billions of dollars in annual gross gaming revenue are at stake.<\/p>\n","protected":false},"excerpt":{"rendered":"
As Japan moves forward in the early stages of building its own casino gaming industry, the country is considering disallowing the use of VIP junket operators to help future casinos bring in high rollers to their properties. That’s the opinion of an advisory board charged with presenting ideas to the National Diet, Japan’s legislative body, […]<\/p>\n","protected":false},"author":42,"featured_media":52428,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[13,18,61,1],"tags":[],"acf":[],"yoast_head":"\n
Japan Considers Banning VIP Junkets from Its Fledgling Casino Industry<\/title>\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