Japanese Casino Legislation On Target; Organized Crime Gets Shut Out
It’s been years in the making, but Japan spurred on by the promise associated with 2020 Tokyo Summer Olympic Games appears to be finally making a push that is real legalizing land gaming within the area country. Information reports from Reuters say a solid draft of a gambling policy has been put together, and Japan’s Diet (parliament) may be reviewing before year’s end for early 2014 passage, God willin’ and the crick don’t rise.
Baby Steps Towards Legalization At Last
Even if that takes place on schedule, however, it could take another two years for the legislators to drum up a more in-depth overview that is regulatory which in turn would at long last open the road towards bonafide legal casinos to start being built. The objective, of course, being to have everything up and ready to roll over time for those all-important tourists to manage to drop some chunks of modification if they come to Japan for those summer games.
As we’ve been seeing ad nauseum of late, corruption, crime and gambling seem to often sleep within the same sleep 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 a gambling that is independent who does in turn oversee the license application procedure, as well as making it mandatory for any licensees to truly have a decade’s worth the least their tax, banking and credit home elevators all their top-level executives readily available for review. Continue reading “”