The japanese has strict laws against most forms of gambling, excepting only horse racing plus lottery plays. But the Japan government, like most around the world, is usually desperate for new revenue streams, and online gambling is really a source being examined.
Japanese legislators have begun intensive talks with several of the largest online casino operators, discussing potential regulatory formats and the advantages and disadvantages of opening the Japanese market. Japanese officials have seen the results of bringing legalized casinos to Macau.
Internet casino operators will be thrilled to enter the Japan market. Japan is one of the planet’s wealthiest economies, with a gross domestic product higher than every other in Asia. Per capita, the Japanese GDP is actually more than the US.
The Liberal Democratic Party that currently is in power offers assured citizens that any gambling would be under stringent regulation, with ample style for preventing social ills frequently associated with gambling.
Although the legislative consensus is that Internet internet casinos may be a good option, the legal process in Japan takes a great deal of time. Proponents of online gambling have fixed late 2010 as a reasonable goal.
Published on February 13, 2009 by A. L. Maldonado