The case of the casino legalization and casino gambling in Japan is on again and as it seems, it may proceed much faster that it was anticipated. In fact, as some Japanese lawmakers stated “there is a possibility the legislation will be passed as soon as next month.”. It is wide known that some of the most well known casino operators, such as Hard Rock Café International, MGM Resorts International, Las Vegas Sands, Genting Singapore and many more have expressed their interest to expand their business in Japan and they wait for the legislation that will decriminalize casino gambling with much anticipation.
How Will It Happen?
Legalizing casinos will proceed in two parts, according to some Japanese government sources. The first part of course will be the one that will decriminalize casino gaming and it will called IR Promotion bill . The second part will be called “the IR Implementation bill” and will contain all the necessary details about the potential developers’ licenses and the way they may set their strategy on the territory. Everything though, will be much more clearer in the near future, so every change on this subject is going to be interesting.