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ECONOMY

Japan ruling parties agree on 6,000-yen casino entry fee

  • April 3, 2018
  • , Jiji Press , 9:37 p.m.
  • English Press

Tokyo, April 3 (Jiji Press)–Japan’s ruling Liberal Democratic Party and its coalition partner, Komeito, concluded on Tuesday their negotiations on a bill aimed at introducing casino-featuring integrated resorts in the country, adopting a plan to set a casino entry fee of 6,000 yen per visit.

 
The government will introduce the bill to the Diet, hoping for its enactment during the ongoing session of the Japanese legislature, set to end on June 20.

But it remains unknown whether the bill can pass the Diet, as opposition parties are objecting the casino legislation, claiming it will create more gambling addicts.

Before making a compromise deal on the fee, Komeito called on Japan to collect 8,000 yen as Singapore does while the LDP proposed 5,000 yen to make casinos more accessible to give larger benefits to local economies. The LDP had insisted that a difference between per capita gross domestic product between Japan and the smaller Southeast Asian country be taken into account.

In their talks, the ruling parties also agreed to build casinos at three locations, allow Japanese nationals to visit there up to three times a week and 10 times a month, limit the floor space of casinos to 3 pct of the total floor space of integrated resort facilities, and collect from casino operators 30 pct of their revenues as tax.

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