Business | May 23

Japan Casino Regulatory Commission taking public comments on licensing criteria

May 23 (asgam.com) - The Japan Casino Regulatory Commission opened public comments on 19 May regarding screening standards for proceedings such as casino licensing based on the 2016 Act on Promotion of Development of Specified Complex Tourist Facilities Areas.

Current screening criteria for casino licensing includes any connections with organized crime, disposition of the organization and its executives, and soundness of finances. With the application of laws related to the prevention of gambling addiction and money laundering, there are also regulations around the potential risk of instigating a passion for gambling and concerning mergers and casino roles when renewing a casino license.

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