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Japan: IR licenses are expected to start in 2020

Published date: 2018-06-26
Japan’s governing coalition agreed on Wednesday to extend the current ordinary session of the country’s parliament until July 22

Japan’s governing coalition agreed on Wednesday to extend the current ordinary session of the country’s parliament until July 22, which could allow passage of the Integrated Resorts (IR) Implementation Bill, a key measure for creation of a casino industry there.




The casino implementation measure is not the only piece of government business said to benefit from the extension of the parliamentary session. Other measures backed by Prime Minister Shinzo Abe’s Liberal Democratic Party (pictured) and its government coalition junior partner Komeito poised for approval include a bill revising rules on labor conditions. READ SO: POKER IN JAPAN WOULD BE ACCEPTED BUT HEAVILY REGULATED

If the bill gets the nod in the current session, a number of industry executives expect the first casino licenses to be issued in around the year 2020, with the first resorts to open for operation in circa 2025.

 

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