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Japanese Casino Legislation On Target; Organized Crime Gets Shut Out
It’s been years in the making, but Japan spurred on by the promise for the 2020 Tokyo Summer Olympic Games appears to be finally building a push that is real legalizing land gaming within the island nation. News reports from Reuters say a draft that is solid of 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 Steps Towards Legalization At Last

Even if that occurs on routine, however, it could take another two years for the legislators to drum up a more in-depth overview that is regulatory which often would at long last open the road towards bonafide legal casinos to start being built. The objective, of course, being to own everything up and ready to move in time for those all-important tourists to have the ability to drop some chunks of change if they come to Japan for those summer games.
As we have been ad that is seeing of late, corruption, crime and gambling seem to often sleep in 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 into their casino regulations. These include creating an independent gambling regulator who does in change oversee the license application procedure, since well as making it mandatory for any licensees to enjoy a decade’s worth minimum of their tax, banking and credit informative data on almost all their top-level executives available for review. Читать далее

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