The Japan Casino Regulatory Commission (CRC), which consists of five members, has reported to the central government that its operating funds are in short supply.
The Casino Regulatory Commission is responsible for managing the operation of casino resorts that are expanding into Japan.Currently, Japan is receiving proposals for integrated resort (IR) development from interested prefectures and their casino communities.
CRC regulates after the game starts in Japan.The first casino in Japan is expected to open a few years away.
However, the government's gaming committee has already begun to launch the business.
According to an announcement posted on the CRC website, the CRC is requesting additional funding from the central government for the 2022 budget.
The CRC has budgeted JPY 2021 billion (US $ 41.5 million) for the fiscal year 3,730.
Japan legalized commercial gambling in July 2018.CRC was established by the Integrated Resort Implementation Law.
Not cheap regulations
The Casino Regulatory Commission is asking Japanese leaders in Tokyo to give more money to gaming institutions.The commission is calling for an increase of $ 420 million used to set up headquarters in the country's metropolitan area.
The Casino Regulatory Commission is also demanding $ 360 million to build a technical infrastructure that will play an important role as the institution that manages the casino floor.
Finally, Casino Regulatory Commission officials want Japan to pay $ 230 million for traveling to overseas IR markets to understand the industry.
カジノ規制委員会は、カジノ施設の設置と運営に関する秩序と安全を維持する責任を負っています」とCRCのミッションには書かれています。CRC's main mission is to require the gaming floor to "rigorously screen" casino business transactions, supervise key talent, manage technical operations, and take precautions to combat gambling addiction. is.
The CRC, which consists of five members, is supported by 5 staff.With this funding request, the Casino Regulatory Commission has requested the central government to increase the number of staff by 140.
This additional budget corresponds to this increase in staff.
Bid finally started
In Japan, more than three years have passed since the enactment of the IR bill, and finally the acceptance of casino concepts from prefectures and their IR partners has begun. Up to 3 IR licenses can be issued.
This review is led by the Ministry of Land, Infrastructure, Transport and Tourism.The examination is led by the Ministry of Land, Infrastructure, Transport and Tourism, and the evaluation committee within the ministry examines each proposal and scores it on a scale of 1000 points.
Osaka will acquire an IR license jointly with MGM Resorts International.Osaka is affiliated with MGM Resorts, Nagasaki is affiliated with Casino Austria, and Wakayama is affiliated with Claire Best Group and Caesars Entertainment.
In Japan, IR applications will be accepted until April 2022, 4.
Other prefectures may enter, but time is a problem.
Joji Kokuryo, Managing Director of The Ventures (Tokyo), is a leader on the path to legalization of Japanese casinos.
By the way, it is unlikely that the Japanese capital will announce its candidacy for IR.
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