Japan’s Casino Regulator Bringing New Rules to the IR Space
Local governments in Japan and their integrated resort (IR) partners will soon submit their final proposals to the National Diet. Ahead of the deadline, the country’s Casino Regulatory Commission (CRC) has published several regulatory updates.
The regulatory agency first gave an idea of what would be coming in April of last year. At that time, it suggested that baccarat (2 types), blackjack (4 types), poker (8 types), roulette, Sic Bo, craps, Casino War, money wheel, and pai gow would be permitted. The IRs can host the games like table games, electronic gaming tables (EGT), or both.
By April 28, those local governments in Japan – namely, Nagasaki, Osaka, and Wakayama – will have to submit their IR proposals for review. There is undoubtedly still a lot of work to be done between now and then. The CRC posted new information on its website last week that should help IR planners have a clearer idea of some of their responsibilities.
The IRs will give up 15% of their gross gaming revenue (GGR) on those options to the Japanese national government. Another 15% will go to the CRC and the local prefecture hosting the resort. The CRC will be responsible for regulating and managing all IR gambling tax payments.
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