Gambling has long been prohibited in many Asian countries including Japan. Since recent times, this country has been taking the first steps towards opening the first land-based casinos. However, such a step would not lead to the legalization of the online gaming business in the country. What are the reasons for this — read below in detail.
The First Gambling Resort in Japan
The opening of the first Integrated Resorts casino complex, which will take place soon in Japan, will not entail the legalization of online casinos. This statement was made by Hashiro Okonogi — a representative of the Liberal Democratic Party of Japan, Chairman of the Gambling Commission.
Speaking on national television, he answered a question from the opponent about why the demand for gambling is increasing during the pandemic and how to get along with it. “There were cases when online casinos were launched in Japan illegally, so they were closed soon and brought to court,” Okonogi replied.
He also noted that the opening of an online casino requires changes in legislation because this type of activity is still illegal. The laws that allow opening a complex of land-based casinos do not affect the online sphere. Whether such laws are being considered, he did not specify.
Legalization of Gambling: A Long Way to Success
The Japanese government has long struggled with the shadow gambling business. It became obvious that the ban was not able to stop avid gamblers, and as a result, the state was losing colossal sums that could significantly fill the budget. Besides, the industry is capable of attracting large investors. In particular, many Las Vegas companies have expressed their readiness to finance the Japanese gambling business. According to experts, the formation of a special zone in the country will make it possible to compete with Chinese Macau and will significantly increase the tourist attractiveness of the regions.
Online Casinos in Japan: Do They Exist?
As mentioned above, there are no legal online casinos in Japan. However, many gamblers managed to bypass the restrictions and play their favorite games on foreign sites. Meanwhile, there are many platforms on the Internet, where the Japanese can feel at home. For example, the Japanese-themed Maneki casino has an incredible list of games familiar to this Asian country. The main difference between online casinos in Japan and other countries is the legal status and the related consequences.
In many countries, online gaming generates a considerable income, therefore, online casinos become disciplined taxpayers, and quite often gamblers themselves pay taxes on their winnings. Since the legalization process has already begun in Japan, we can predict the elimination of restrictions on online gambling. Perhaps, it will happen as soon as the country will receive its first taxes from the land-based casinos. Meanwhile, the only thing left for Japanese gamblers is to enjoy playing on foreign sites.