Japanese Gambling-Industry: Acceptance Of Applications Will Be Implemented In 2021

Competition for obtaining one of three construction licenses and the management of the resort casino is relevant for no first year. However, the formal application process for gambling operators is scheduled for january 2021.

The date of the start of the process of receiving the license was made public. Thus, the operators have a little more than a year in order to prepare for the licensing process.

Since december 18 of this year, the public discussion of the issues of construction and work of integrated resorts starts. It is planned that in the process of the cabinet of ministers will take a final decision regarding the submission period and will be determined with the certification standards.

Officially jurisdictions who announced the intention to participate in the struggle for obtaining a license and prefecture of osaka, wakaka, nagasaki. Since the acceptance of applications starts after the 2020 olympic games in tokyo, the capital will also be able to participate in the race for gambling-licensing.

Updated to the idea of ​​building a casino resort promised jengi kitahasi, the mayor of the city of kitakayus.

Meanwhile, the operator who has prolobated the idea said that the construction of an integrated resort could do with 600 billion yen ($ 5.53 billion), and the annual income from his work is supposed to be 250 billion yen ($ 2.31 billion). 75 billion yen ($ 690 million) will come to the treasury in the form of tax deductions from gembling operations.

The mayor of the city stated that he is flattering the attention of gambling operators, but he is not ready to give an unequivocal answer on this issue. It is necessary to study the work of gambling business and integrated resorts.

Recall that according to analysts, japanese integrated resorts can make earnings in several billion annually.