![]() you develop the habit in little matters. ![]() —Colin Powell |
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2nd August 2017 | SHARE THIS
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The Story | |||
A panel which was formed to help in drafting the Integrated Resorts Implementation bill produced a report that is replete with vague recommendations. |
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What did the “expert” panel say? |
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The draft report’s vague recommendations include: first, suggesting a limit on the number of visits that Japanese citizens can make in a casino but declining to give an exact number; second, setting a cap on the number of integrated resorts but not quantifying that cap; and third, calling an “upper limit” on the size of the resorts’ gaming floors, but not specifying how large it should be. |
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Surely, there must be some specific steps provided in the report. |
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For one, the panel recommended a Singapore-style casino entry levy on local residents while no levy will be imposed on international tourists. Another concrete recommendation that the panel reported was its decision to allow foreign visitors to purchase casino chips using their credit cards, while Japanese citizens will be limited to cash-only purchases. Also, the panel has pushed for the ban of automatic teller machines on the casino floor, and barring anyone under the age of 20 years old to enter casinos. |
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Takeaway |
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The vague recommendations by the panel of experts reflect the hesitation of Japan’s legislators to pass the IR Implementation bill through the Diet, especially since the Japanese public is still grappling with the ill effects of problem gambling. |
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Dr. Craig Wright: The Bitcoin community must come together |
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In this interview with Becky Liggero, nChain Chief Scientist and Bitcoin expert Dr. Craig Wright rallied the Bitcoin community to be united as it faces Bitcoin’s underlying scaling issue. |
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SJM Holdings revenue, earnings and profit all down in H1 |
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Casino operator SJM Holdings has failed to reap the resurgence of VIP gambling in Macau as it posted revenue, earnings and profit declines in the first half of 2017. |
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New Zealand intros online betting point of consumption legislation | |||
The New Zealand Racing Minister David Bennett has introduced changes to the 2003 Racing Act which include the requirement for international operators to pay consumption charges on wagers derived from Kiwi punters. |
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Lottoland’s record insurance against lottery betting jackpots | |||
Lottoland has announced that it took a record insurance policy to prepare for the likelihood and/or eventuality that one of its customers will hit the EuroMillions, PowerBall or other major lottery jackpot. |
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Canadian motion picture exhibitor Cineplex has spent $15 million to acquire an eSports company and create a new gaming league that will take place in its theatres. |
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While it is a no-brainer for gambling operators to invest in emerging markets in Asia, it is also a wise move to invest in jurisdictions that has a huge understanding of the online gambling sector and how things are at work in Asia. |
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CEEGAwards 2017 Nominations are in! Online voting stage starts today |
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The organizers of Central and Eastern European Gaming (CEEG) Conference have announced the start of the online voting session for the CEEG Awards 2017. The CEEG Awards ceremony will be held on Day 2 of the 2017 Central and Eastern European Gaming Conference Budapest. |
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US college football fans, huddle up! The USC Trojans are expected to win the Pac-12 championship this year as the -110 favorite according to oddsmakers. Other contenders to win the Pac-12 this year include the Cardinal (+800) and Ducks (+1600) along with the UCLA Bruins (+900) and Washington State Cougars (+1600). |
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Want to be a guest contributor? Email bill@calvinayre.com |
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