Tourism body to have say in IR regulation

Separately from the Casino Management Board, local governments and operators of IRs in Japan are also going to have to answer to the Ministry of Land, Infrastructure, Transport and Tourism (MLIT), according to reports in the Japanese media.

Local hosts of IRs are to made responsible for achieving positive results in terms of promoting tourism and contributing to regional economies. Prefectural governments will be obliged to report each fiscal year’s results to MLIT, and these annual reports will be made public.

If an IR is found to be underperforming, MLIT will be empowered to conduct on-site inspections and, if necessary, issue business improvement orders. If such orders are not obeyed, in the most extreme cases local governments can lose their IR certifications.

The Casino Management Board will have similar powers of oversight for IRs, though their mandate will be focused on the casino element of IRs, including measures for dealing with financial crimes and gaming operations. This organization is yet to be created, but is envisioned as an external bureau of the Cabinet Office.

More news from this jurisdiction

JapanWednesday, Jul 19, 2017

The city council of Iwanuma, in Japan’s northern Miyagi Prefecture, envisions a bid for an IR as a measure to help the local area recover from the March 2011 tsunami that devastated Japan.

JapanTuesday, Jul 18, 2017

Grant Govertsen, an analyst for Union Gaming, has produced a second report this month highlighting gloomy scenarios for the future of IRs in Japan.

JapanMonday, Jul 17, 2017

The official-two week campaign period ahead of the July 30 mayoral election for Yokohama was launched on Sunday, with two of the three candidates opposing the hosting of an IR in the city.

JapanTuesday, Jul 11, 2017

The high-profile public debate on gambling addiction, which until now has been mainly associated with the forthcoming establishment of IRs, is set to hit Japan’s lucrative pachinko industry.

JapanMonday, Jul 10, 2017

The city council of Tokoname appealed on Friday to Aichi Governor Hideaki Omura, calling for an accelerated feasibility study for siting an IR within their municipality.

JapanThursday, Jul 06, 2017

The Hokkaido prefectural government has reportedly decided that only one IR licensing bid from the local region will be submitted to the national government.

JapanThursday, Jul 06, 2017

Las Vegas Sands and MGM Resorts are among the two operators most likely to receive the urban IR concessions in Osaka and Yokohama, notes Morningstar analysts.