This event ended on September 30, 2024 10:13 AM CST

Casino industry likely consulted by Japanese policymakers


Monday Sep 30, 2024 hours 10:13 (UTC +08:00)

When

Monday Sep 30, 2024 hours 10:13 (UTC +08:00)

Description

The existing casino industry expects to hold constructive talks with the Japanese authorities ahead of a second bill regulating casino resorts in Japan.


According to some media reports in Japan this week, the first bill could be passed during the extraordinary session of the Japanese National Assembly this fall. The fall session of the parliament is from September 29 to November 30. 실시간 바카라사이트


Jan Jones Blackhurst, senior vice president of communications and government relations at Caesars Entertainment, told the panel at the Global Game Expo 2014 in Las Vegas on Tuesday: "I think there will most certainly be an opportunity to have a conversation. They are hungry for information while I deal with the Japanese government. They will be very thoughtful and follow the process. It doesn't mean your opinion will determine the outcome, but I believe you will be open to the conversation."


Caesars Entertainment is one of the foreign operators interested in bidding for a license with a local partner if casino gambling becomes legal in Japan.


Japanese Prime Minister Shinzo Abe said legalizing casino gambling is an important pillar of his plan to revive economic growth. Casino operators such as Las Vegas Sands Corporation, Genting Singapore, Melco Crown Entertainment, and Galaxy Entertainment Group are all interested in targeting the Japanese market.


Alan Feldman, senior vice president for global government and industry at MGM Resorts International, another licensing bidder in Japan, told the same panel: "Every meeting that has been held so far has discussed certain policy elements very directly. We have provided well-received information. That doesn't mean it will automatically happen, but we think we have found an environment where discussions on policy issues are very welcome."


He added that the "Singapore model" of casino regulation has been frequently mentioned in Japan. Singapore's framework includes entry charges for Singaporean citizens and permanent residents.


"The 'Singapore model' has different meanings," Feldman says.

"But it doesn't necessarily mean there are only two casinos or integrated resorts," he added, noting that Singapore "had a very open dialogue process with the industry before a final decision was made" on the casino industry.

ticket Tickets
Price
Quantity

SHARE


Made with Metooo by:

outlookindiacom pluginplay

Visit profile Contact the organizer

Metooo fits every event planner’s need

create an event
Wall Close Wall

Get started

have an account? log in

Recover password

have an account? log in

Log in

password lost? recover

By signing up, you agree to Metooo's terms of service and privacy policy and consent to receive marketing communications from Metooo.

do not have an account? register

Metooo uses cookies. This information is used to improve service and understand your interests.
By using our services, you agree to the use of cookies. Click here to learn more.