Osaka officials propose draft safer gambling ordinance

Author: Live Casino Direct
 
Osaka officials propose draft safer gambling ordinance
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Osaka Prefecture Assembly has approved a draft ordinance that would institute measures for the countering of gambling addictions. The ordinance is thought to be the first of its kind in Japan. It will be debated by the assembly during its autumn session, which is set to run until December 15. Osaka is hoping to secure one of Japan's coming trio of casino licenses.

Japan passed a law in July 2018 to award a trio of communities with the right to build and run giant casino resorts. Osaka and Nagasaki Prefecture submitted their official applications in April. The winner of the tender will be announced by the end of this year.

Osaka officials propose draft safer gambling ordinance. If approved, MGM Resorts International will be allowed to build a $7.4 billion casino resort on a 121-acre portion of Yumeshima Island. It will open by the end of 2029 and be run under a 40-year license.

Osaka officials propose draft safer gambling ordinance. The draft ordinance is based on federal recommendations and calls for the establishment of a gubernatorial-led ‘headquarters’ to come up with safer betting measures.

The Osaka Restoration Association, which holds a majority in the Osaka Prefecture Assembly via a coalition with the center-right Komeito political party, is submitting a draft ordinance for the promotion of safer gambling. The local branch of the minority Liberal Democratic Party put forward its own competing proposal a month later, but it was blocked over concerns that it lacked sufficient funding.

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Nagasaki has separately bid for the right to host a casino resort. READ MORE HERE:

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