Japanese Casino Legislation On Target; Organized Crime Gets Shut Out
It’s been decades in the making, but Japan spurred on by the promise associated with the 2020 Tokyo Summer Olympic Games appears to be finally creating a real push towards legalizing land gaming into the area nation. News reports from Reuters state 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, Jesus willin’ and the crick don’t rise.
Baby Procedures Towards Legalization At Last
Even though that occurs on routine, however, it would 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 gambling enterprises to start being built. The goal, of course, being to own everything up and ready to move with 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 bed together, and with an eye towards trying to stem that tide before the tsunami comes in, Japanese lawmakers are building some interesting safeguards to their casino regulations. These include producing a gambling that is independent that would in turn oversee the license application procedure, because well as making it mandatory for any licensees to really have a decade’s worth minimum of their tax, banking and credit information on almost all their top-level executives readily available for review. Read More