Inside Asian Gaming
INSIDE ASIAN GAMING FEB 2019 34 be subject to cash transaction reports for anti-money laundering measures. The cabinet order is scheduled to be ready by late April at the latest. Following this, in July, the Casino Administration Committee (details below), the most important entity for maintaining the integrity of Japan’s IRs, will be formed. The policy announcement from the Minister of Land, Infrastructure, Transport and Tourism will be after that. In other words, the government will keep possession of the ball until the latter half of this year. In the meantime, local governments and IR operators hoping to be selected will be polishing their plans. Think of baseball batters warming up on the bench. This is the phase where these batters will prepare the perfect stance to make contact with the ball thrown by the pitcher, namely the Minister of Land, Infrastructure, Transport and Tourism. WHAT IS THE CASINO ADMINISTRATION COMMITTEE? Regarding Japanese IRs, Prime Minister Shinzo Abe has stated, “Our casinos will be clean with the highest Examples of [similar] committees include the Fair Trade Commission, National Public Safety Commission and Nuclear Regulatory Commission, and from this line-up we can expect the supervisory role of the Casino AdministrationCommitteetoberobust. Osaka looks increasingly likely to be home to one of Japan’s three initial IRs. JAPAN
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