The LDP and Komeito have been leading a push for IRs and, now in command of the House of Councillors, they can continue to drive their plans forward.
The Diet session will end on June 20, but lawmakers are considering an extension to ensure the IR bill is approved during this session.
Japan’s ruling LDP and Komeito are set to present the much-awaited Integrated Resorts bill before the Japanese Diet on April 27.
The Liberal Democratic Party and the Komeito Party agreed that casinos would be taxed a flat rate of 30%.
Members of Japan’s ruling coalition party are considering granting the coveted casino licenses to as many as six cities.
After enacting the Integrated Resorts (IR) Promotion bill in December, Japanese lawmakers are currently working on the second piece of legislation.
Prime Minister Shinzo Abe’s Liberal Democratic Party finally took a crack at getting the stalled IR Promotion bill on the official legislative calendar.
After being left for dead, the prospects of Japan passing a casino legislation is back on the table, with a 50-50 chance of succeeding.
Japan’s ruling Liberal Democratic Party has abandoned its plan to pass the Integrated Resorts (IR) bill during the current Diet session
Japan's casino bill is expected to receive a round of debates in the lower house starting next week.