Japan Govt to Delay Casino Basic Policy Release
Tokyo, May 22 (Jiji Press)--The Japanese government plans to postpone the release of its basic policy for the development of casino-featuring integrated resorts, or IRs, until the election in summer for the House of Councillors, the upper chamber of parliament, or later, it was learned Wednesday.
The basic policy will likely be shown "next year," a senior government official said.
The government initially considered unveiling the policy as early as summer this year but decided to put off the announcement to prevent its adverse effects on the Upper House election amid lingering concerns among the public over envisaged casino launches in Japan, sources familiar with the situation said.
The IR introduction law that took effect in July last year calls for establishing a committee to supervise casino resort operators within 18 months of its promulgation. It also stipulates that the basic policy be hammered out within two years.
The administration of Prime Minister Shinzo Abe, also president of the ruling Liberal Democratic Party, pushed back the establishment of the casino management committee as well.
[Copyright The Jiji Press, Ltd.]