The government of Japan has shared additional information about the future casino ventures and their requirements. Firstly, the maximum space for a casino in the integrated resorts cannot be more than three percent of the overall facility floor space. Secondly, gamer IDs could be asked for when the gamblers place large bets. Both proposals came from the government panel set up to define casino standards.
The suggestions were established on December 4, along with the meeting of a panel that is also tasked with the promotion of the resorts. Now, the discussions will continue but the government will issue its final decree on the casino setting in a few months. Once defined, they will be published inside of the Act on Promotion of Development of Specified Complex Tourist Facilities Area. The process should end in April 2019 when all of the requirements will be covered under a formal government decree about the integrated casino resorts.
The proposal asks for the identity of the gamblers who are buying chips worth 300,000 yen or over when using cash. All gamblers that wish to exchange over one million yen will have to be reported to the casino management commission itself. The identity card will also be required for creating an account for the use at a casino resort, as well as borrowing money for the purpose of gambling and making deposits. Clearly, the drive behind this initiative is to prevent any process of money laundering that the developed criminal underground of Japan might seek to exploit.
The Space Requirements
Aside from the three percent rule for the gaming floor, the panel also suggested a ration of sites and guest rooms to be bigger than in regular Japanese facilities. Instead, it will align itself with the overseas gambling resort facilities. This will also mean larger accommodation spaces than those typically seen in Japan’s hospitality industry. In fact, the typical guest room space in most developed countries is about 40 square meters.
That is almost 1.5 bigger than the average space allocated for the same purpose in Japan. The difference in suits is even bigger with an average suit in Japan is 3.6 smaller than the regular international size. Still, the new requirements will likely not hinder the desire of locations like Wakayama to secure one of the three casino licenses for their region.
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