Asia
Japan to slap 30% tax on casinos
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 the number of legal venues a casino can operate in the country to three. That basically means that a casino can be located in three different cities maximum, the local press reports. Furthermore, the proposals also suggest that the existing legislation could be reviewed after the first seven years of its coming into force.
The Integrated Resorts (IR) Implementation Bill is yet to be approved, but the Japanese government continues to look into the different requirements for operators and gamblers. The latest proposition involves demanding that companies report on customers who exchanged chips and cash worth €7,700 (¥1 million) or more as part of anti-money laundering measures.
All propositions are still to be debated at the Japanese Congress, but it’s still unclear when that will happen and – according to experts – Japan casinos may not open until 2026. Meanwhile, residents of Japan have shown strong opposition against integrated resorts as the project gets closer to final approval by Congress. An official poll revealed that 65.1 per cent of Japanese voters claimed to be against casino developments in the country, with only 26.6 per cent of residents voting in favour of the measure.
Online rummy platform RummyCircle has selected popular Bengali actor Prosenjit Chatterjee as its Brand Ambassador.
RummyCircle, the largest online rummy platform in India, is an initiative of Play Games24x7 Pvt. Ltd. Prosenjit Chatterjee who has spent years on the wide screen is a big fan of the popular Indian card game rummy.
“Bengali people have always been fond of card games and rummy is one of the best entertaining card games of India. I am sure everyone will love this new experience of playing the card game online on rummycircle.com with players from all over India. It is really great fun,” Prosenjit said.
The brand unveils its new marketing campaign running with the name #BhorpurManoranjan, giving a completely new fan experience to its players.
“Online rummy is all about entertainment, what we call #BharpurManoranjan. And who better than Mr. Prosenjit Chatterjee who has been the face of the entertainment industry in West Bengal for over a decade. We are very excited to have such a talented person as our brand face and hopefully Bengalis will love playing online Rummy,” Avik Das Kanungo, Brand Head of RummyCircle said.
AG Brief is delighted to confirm that the Ministry of Economy and Finance Secretary of State, H.E. Nguon Sokha, will give the opening address at the much-anticipated Mekong Gaming Summit in September.
The conference is due to take place at the Sofitel Phnom Penh from 10-11 September and has the full support of the Ministry of Economy and Finance (MOEF), one of the agencies responsible for gaming regulation, along with the Ministry of the Interior. Both will eventually form the Gaming Management Committee to implement and oversee the Kingdom’s new gaming legislation.
H.E. Mey Vann, director general of the MOEF, will also be speaking at the summit, and we expect to shortly also confirm the Directorate of Investment and Company Administration, Ministry of Investment and Foreign Economic Relations of Myanmar.
In addition to these addresses from government officials, the summit will provide investing and market perspectives on the land-based and online gaming opportunities in the key markets of Cambodia, Vietnam, Thailand, Laos and Myanmar.
Other highlights of the event include a special gala cocktail reception hosted by the capital’s premier casino and entertainment resort – NagaWorld – on the evening of Tuesday 10th September. Delegates will also be able to meet companies able to assist in setting up their businesses in the region at a table-top exhibition space in the Sofitel Grand Ballroom foyer.
Immediately following the conference, there will be an optional tour to Sihanoukville for those who would like to see the sheer scale of development in Asia’s new gambling mecca for themselves.
Macau junket firm Suncity Group has launched a new VIP Club at the Rio Hotel and Casino in Macau. It is Suncity’s 8th VIP Club in Macau. Rio Suncity VIP Club comprises a total of four VIP gaming rooms and 12 gaming tables.
The company made global headlines last week after Chinese media published an article accusing Suncity of signing up players who gambled in its Macau junket rooms to online gaming and proxy betting services. Both are banned under Macau and Chinese law.
In response, Suncity Group Chairman Alvin Chau Cheok Wa called a special press conference over the weekend at which he revealed Suncity would not conduct any gaming operations currently outlawed in Macau in any other countries and regions, even if those operations are legally allowed within those jurisdictions.
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