The measure was subsequently sent to the House of Councillors, the upper house of the Diet, for additional inspection and to be voted on, according to GGRAsia citing its Japan correspondent.
Deemed a necessary precursor to the development of integrated resorts in Japan, the invoice was allegedly jointly submitted to the Diet earlier this month from the membership of the country’s two governing parties, the resistance Japan Restoration Party and Prime Minister Shinzō Abe’s Liberal Democratic Party (LDP) and coalition partner, Komeito.
Last week the House of Representatives started reviewing the Integrated Resorts (IR) Implementation Bill, which summarizes the regulatory framework for Japan casinos, paving the way for the creation of a trio of integrated resorts and a lone regional site. As currently written the IR Implementation Bill moreover suggests a 30% fixed tax rate on any of the suggested gaming hotel ’s gross gambling revenues (GGR) and a casino entry fee for locals of JPY6,000 (US$55) to get 24-hour access and restricts Japanese taxpayers to three visits per week and ten sessions per any given 28-day period.
The governing parties of Japan allegedly expect to have the laws passed by the houses of the Diet prior to the present session’s official conclusion on June 20.