For now, the total number of IR casinos Japan decides to license is the only speculation.<\/p>\n
The central government’s Casino Administration Committee will begin fielding IR submissions from prefectures and their cities in October. The application period is open through April of 2022.<\/p>\n
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Japan’s 2018 IR bill requires that a project proposal provide evidence that such a complex will attract foreign tourists, be competitive with international IRs, and positively impact its host prefecture.<\/p>\n<\/div>\n
The Casino Administration Committee, a five-person panel consisting of a former prosecutor, tax official, two ex-lawmakers, and a psychiatrist will conduct deep dives into the backgrounds of the applicants.<\/p>\n","protected":false},"excerpt":{"rendered":"
Japan’s forthcoming casino industry could be just a shell of the grand concept lawmakers envisioned when they passed legislation to legalize commercial gambling in 2018. Japan’s lengthy process to bring the Asian nation casino resorts, paired with COVID-19, has resulted in little interest among the country’s prefectures and cities. Local officials’ lethargy has subsequently extended […]<\/p>\n","protected":false},"author":25,"featured_media":183956,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[69069,18943],"tags":[],"acf":[],"yoast_head":"\n
Japan Casino Industry Likely Much Smaller Than Lawmakers Hoped<\/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