Key Takeaways
- The governing Liberal Democratic Party in Japan has now put a bill before the Diet parliament that will legalize new casinos in time for the 2020 Tokyo Olympics.
- To counter the risks of organized crime becoming involved in the new casinos which the bill will permit, the new gambling regulator will be part of the Cabinet Office, and not subordinate to any one ministry.
- The experience that Japan will gain from regulating live casinos may give it the necessary confidence to make the small additional step to regulating their online equivalents.
The governing Liberal Democratic Party in Japan has now put a bill before the national legislature that will legalize new casinos in time for the 2020 Tokyo Olympics.
