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 push that is real legalizing land gaming in the island country. 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 12 months's end for very early 2014 passage, God willin' and the crick don't rise.
Baby Steps Towards Legalization At Last
Even if that takes place on routine, however, it could 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 roll over time for those all-important tourists to manage to drop some chunks of change if they come to Japan for those summer games.
As we've been ad that is seeing of late, corruption, crime and gambling seem to often rest 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. Included in these are creating an independent gambling regulator who does in change oversee the license application procedure, because well as making it mandatory for any licensees to tru