Japan Wants a New Gambling Regulator for Olympic Ambitions
Key Takeaways
  • Japanese politicians plan to introduce a bill to permit a limited number of casinos and establish a new gambling regulator.
  • The bill should be submitted by year end, with the prospect of coming into force in time for the 2020 Tokyo Olympics.
  • A catatonic economy and desperation for tax revenues could see this being the first step on a long road to legalizing online gaming in the country.

A cross party group of politicians in Japan have set out their intention to legalize casino gambling and establish a new gambling regulator.