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NEWS 21 October 2019

Japanese regulator to launch in January

By Matthew Enderby

Japan’s regulatory body, the Casino Administration Committee, will be established on 7 January 2020, the Japanese Government has announced.

The Committee was originally scheduled to launch on 1 July but societal concerns about increased problem gambling caused a delay until next year.

The Integrated Resort Development Act is expected to come into effect later that month, from 26 January.

The Committee will be made up of one chair and four members, with members to serve terms of up to five years.

It will be responsible for overseeing casino licensing and operations, as well as administrating procedures such as revoking licenses.

Japan’s Government has emphasised the stringent regulatory conditions it will impose and said the licensing process will involve strict background checks for key personnel.

The Committee will use Nevada and other jurisdictions to serve as a reference point for how the checks are carried out.

RELATED TAGS: Land-Based | Industry | Legal & Regulatory | Casino
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