Ruling Coalition agrees to submit IR bill

Top executives of the Liberal Democratic Party and the Komeito party met on Wednesday to discuss the schedule for the forthcoming extraordinary Diet session, likely to begin near the end of this month. Among other things, they reportedly agreed that the IR Implementation Bill would be submitted during the course of this Diet session.

The upcoming Diet session does not appear to be crowded with any other highly contentious legislation, so in that sense the IR bill’s prospects look good. Also, as opposed to last year’s IR Promotion Act, which was independently submitted by a group of lawmakers, the forthcoming bill will be submitted by the government itself.

Another point which may facilitate a quicker-than-expected passage of the IR Implementation Bill is that the new leader of the main opposition Democratic Party, Seiji Maehara, is personally an advocate of the establishment of domestic casinos, and he may guide his now more conservative party towards acceptance, or only mild objection, to the legislation.

On the other side of the ledger, however, is the possibility that the entire Diet session may be cut short if Prime Minister Shinzo Abe decides to use this period to call a snap election. He has been recovering some of his former popularity in the midst of the North Korea crisis and may choose to strike while the opposition parties are still in deep disarray.

If so, passage of the IR Implementation Bill would be delayed until around May or June of next year at the earliest.

More news from this jurisdiction

JapanWednesday, Mar 21, 2018

The Japan Gaming Congress expects to attract even greater support in 2018 after holding the largest event of its kind in Japan last year, organizer Clarion Gaming says.

South Korea, Mainland China, JapanTuesday, Mar 20, 2018

Mobile games are likely to grow by more than 8 percent per year through 2020, far outstripping growth for the PC and consoles, according to Daniel Kashti, chief marketing & commercial officer of Kama Games.

South Korea, Greater China, JapanTuesday, Mar 20, 2018

eSports global revenue for 2017 was estimated to be US$696 million and is expected to more than double to US$1.5 billion by 2020, with the Asia Pacific heading growth, according to Newzoo, a market intelligence firm.

JapanSunday, Mar 18, 2018

According to a local media report, the Tomakomai municipal authorities have compiled their interim report on the IR they hope to build, projecting a US$2-3 billion investment by the time the facility’s doors open.

JapanFriday, Mar 16, 2018

The IR implementation bill won’t be submitted to the legislation this month, as had been planned, throwing doubt over the timetable for the bill.

JapanWednesday, Mar 14, 2018

Six local medical and children’s organizations have presented a petition to the local government opposing any IR bid from within the prefecture.

JapanTuesday, Mar 13, 2018

A Wakayama prefectural official says they are ready to launch an RFC process with IR operators very quickly after the IR Implementation Bill is enacted by the National Diet.