It must be admitted that the development of three hotel-casinos in the Japanese archipelago is dragging on a bit. However, the country is actively working on this project right now. However, there are still quite a few gray areas.
The regulatory authority has recently clarified some of these issues. The Japan Casino Regulatory Commission has just revealed a few more details about the future regulation of Japanese gambling establishments.
Measures to provide a healthy and supervised casino offering
Last April, the Japanese regulatory authority published a first draft of the casino regulations, which included, among other things, the list of nine games and 21 variants that will be authorized.
This text was then reworked the following May, after a period of public consultation. Its latest update has just been published.
Its main aim is to provide Japan with an additional tourist attraction that is globally competitive by offering a healthy and supervised casino offering. The Japan Casino Regulatory Commission will be responsible for ensuring that the strict regulations are properly enforced.
To this end, it will obviously closely monitor casino operators, as well as their managers and employees. It will also pay attention to shareholders, landowners, and gaming equipment manufacturers.
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An update on the planned taxation
The text recently published by the Japanese regulatory authority also reviewed the nine games and 21 variants that will be authorized. We now know what taxation is planned.
Thus, operators will have to pay 15% of the gross gaming revenue as payment to the National Treasury and another 15% divided between the Japan Casino Regulatory Commission and the prefecture in which the casino hotel is located.
Measures to combat addiction and money laundering
Additional details provided on the future regulation of Japanese casinos also focused on measures planned to combat gambling addiction. It is known, in particular, that advertising, incentives, and rewards to attract and retain players will be regulated.
Additionally, local residents will need a government-issued card to enter the gaming floor of the future hotel-casinos.
It should also be noted that an entrance fee of 6,000 yen, which is approximately €46, is planned, as well as a limit of three visits every seven days or 10 every 28 days. Each customer and their family members will also be able to request additional access restrictions.
The text also provides for measures to combat money laundering with penalties of up to 12 months in prison and/or a fine of up to 1 million yen (approximately €7,770).
Finally, gambling establishments are required to notify the authorities whenever a cash transaction exceeds the symbolic threshold of one million yen.
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