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Passing Responsible Gambling Bill is Matter of Time, Say Japanese Experts
- November 2, 2017 By Riley Wilson -
Japan’s gaming industry is undergoing some serious changes, as the country’s lawmakers prepare to submit the Integrated Resort Implementation Bill.
According to experts from Global Market Advisors, there’s another piece of legislation that could get adopted by the end of the year. Responsible Gaming Bill could prove a key part of the effort to get the casinos up and running.
The new proposal would go hand in hand with the Integrated Resort Implementation Bill, and for many, it would be a vital prerequisite for any future actions regarding the project itself.
No Later Than Spring
However, whether it will be adopted or not depends on how long the extraordinary session of the Diet would last. At least, that’s what analysts from Global Market Advisors claim.
Some are adamant the session will be extended through December, which could result in the beginning of the much-anticipated debate on several key issues, including integrated resorts.
The adoption of the new bill is a done deal, while the only unknown at this time is when will the bill get passed. Analysts say we could wait until next spring, and such prognosis is possibly the most likely outcome, bearing in mind the tight schedule of the Japanese legislature and the current political situation in the region.
There Are Some Concerns
Global Market Advisors expressed certain concerns in regard to the Integrated Resort Implementation Bill, indicating the law should offer the guiding principles and a framework from which the regulatory board can implement and oversee the Integrated Resorts.
The experts said that would allow for evidence-based research to serve as a guiding principle and allow for the regulatory authority to evolve with best practices in the future.
The same principles should definitely be applied to the Responsible Gaming Bill.
Gambling in Japan is generally banned by the country’s Criminal Code, with several exceptions, including betting on horse racing and certain motorsports. Public sports, lottery, and football pools are held under special laws in order to increase the income of national and local governments, as well as to offer a form of entertainment for many people.