Japanese Prime Minister Shinzo Abe’s cabinet approved regulations for gambling resorts, the first of which could open in Osaka as soon as 2024 and provide a new source of tax revenue. Japan is an island nation located in the Pacific Ocean to the east of Russia, South Korea, and China. Colloquially referred to as the Land of the Rising Sun, it occupies a territory of 145,000 square miles and has around 126.5 million citizens, which makes it one of the world’s most densely populated countries. Business May 15, 2019. Japan IR Expo opens in Osaka as candidates step up efforts to win integrated casino resort licenses. by Eric Johnston. With the cities of Osaka and Wakayama stepping up ... Japan's proximity to China and a recent sharp increase in the number of Chinese tourists mean casino operators also see the potential in drawing mainland Chinese customers to casino resorts in Japan. The Cabinet’s approval of a casino bill draws praise from Osaka politicians and casino moguls eager to open Japan’s first legal gambling dens. Japan is finally moving forward with a long-awaited casino industry. On Friday, the Japanese parliament passed a new piece of legislation that outlines how the country’s potentially lucrative ... With the cabinet’s approval of the Japan casino bill, the decree now heads to the Diet’s two chambers for review. Abe has called on the legislature to pass the measure into law before it ... Japan On The Brink Of Casino Approval 13th Dec 2016 Written by: Lucy Alexander in Tokyo Japan is on the verge of legalising casinos, after a bill paving the way for integrated resorts cleared a penultimate parliamentary hurdle today. Japan’s bicameral parliament, also known as the National Diet, approved unanimously the national government’s nominees to lead the soon-to-be established casino management commission. CMC in Charge of Oversight and Prevention Genting Singapore Seeks Investor Approval for $10B Japan Casino Resort, Multiple Proposals Considered. Posted on: January 21, 2020, 10:51h. Last updated on: January ...
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