Asia

Japan’s the ruling coalition of the Liberal Democratic Party and Komeito Party is gearing up for an overhaul of the gambling legislation in the country. The 30% tax proposal the other day was a beginning. The government is now planning to introduce further measures. Apart from setting a 30 per cent tax for casino operations,…

The Japanese government is all set to impose a 30 per cent tax for casino resorts in the country’s cities. The proposal put forward by the ruling coalition of Liberal Democratic Party and Komeito party on matters relating to integrated resorts in Japan suggests 30 per cent tax for casino operations. The proposals also limit…

Lawrence Ho, the Chairman and Chief Executive of Melco Resorts and Entertainment Ltd, the Macau casino license holder made himself loud and clear at an event on Monday that after the current gaming concessions expire in 2020 or 2022, there is no need for more than six licensees in Macau. He emphasised that “It’s really…

Gambling is a state subject, and only states in India are entitled to formulate laws for gambling activities within their respective states. In association member of Maharashtra Legislative Council Ranjit Patil said that the State government will promptly enact a law to regulate online betting and gambling. Though there are laws to govern betting and…

With the sole intention of making Cambodia a hub of gaming in South East Asia, the lawmakers of Cambodia are currently pushing for a legislation that would allure  foreign investors to its casino and gaming industry. The proposed legislation, is anticipated to be passed post  the general elections scheduled to  take place later this years.…

The IR Implementation Bill is currently under the consideration of the Congress of Japan. Addressing of the IR Implementation Bill by the Japanese Congress finally will determine the trajectory of the casino industry in the nation. Investors all around the world are looking forward to the regulation on the Japanese market as it is estimated…