Japanese Government To Delay Basic Policy For Integrated Resorts

Japanese Government Delay Basic Policy For Integrated Resorts

Japan – The Japanese government has reportedly penciled the proposal to delay the basic policy on the three proposed integrated resorts following the arrest of Tsukasa Akimoto amid bribery allegations.

A basic policy was imminent from the government to outline its city selection guidelines on processing the bids and applications from cities in the nation looking to win one of three licenses.

However, the process could now be delayed according to government officials amid public backlash in relation to bribery investigations.

Basic policy from the government is to outline the suitability criteria from local cities that will be proposing to develop one of the integrated resorts. The policy will include vital details such as the effects on the economy and gambling addiction.

Opposition political parties are also objecting to the plans with a recent bill submitted that could repeal the law and scrap plans for integrated resorts completely.

The three largest cities of Japan; Osaka, Tokyo and Yokohama are rumoured to be among the bidders.

Although casino gambling is banned at present, the three major bidders currently offer wagering on public sports such as horse racing and bicycle racing.

The highly anticipated legislation may see casino development and construction break ground within months of being announced in the event of a successful bid.

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