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Japan to slap 30% tax on casinos

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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.

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Asia

BMM Testlabs To Exhibit At Global Gaming Expo (G2E) Asia June 4-6 At The Venetian Macao, Reinforcing Company’s Global Market Coverage

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BMM Testlabs, the worldߣs original gaming test lab and product certification consultancy, today announced that it is exhibiting at the Global Gaming Expo (Éc;G2EÉd;) Macau June 4-6 at The Venetian Macao.

The Companyߣs stand at the show, A916, will feature BMMߣs management team and experts in testing and compliance from the Asia-Pacific region. BMM has played a critical role for more than 40 years in the Asia-Pacific region, providing expert capabilities to test and certify land-based and digital products for every technical standard adopted by any gaming regulator anywhere in the world ߝ including all GLI standards.

BMMߣs Kirk White, President of Land-Based Gaming, said, Éc;As the premier test lab in the region, we are excited to exhibit at G2E Asia again this year and share our commitment to protecting the industry and all who play, as evidenced by our exceptional customer engagement and responsiveness scores. At the show, weߣll share updates on our global market coverage and the many services that we offer to gaming suppliers and operators, including our full suite of land-based and digital product testing and certification services, QA testing, product performance analysis for revenue and operational risk management, machine inspection services, and security evaluations.Éd;

Another key area of focus for BMM at G2E Asia is meeting with regulators and sharing BMMߣs focus on providing free, state-of-the-art training and education for regulators throughout Asia-Pacific, offered virtually or in person.

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Asia

Quezon City Mayor Bans Government Employees from Solaire North Casino

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The mayor of Quezon City, Josefina Belmonte, has said that all officials and employees of her administration are prohibited from entering the soon-to-open Solaire Resort North casino property, being developed in the city by Philippines-listed Bloomberry Resorts Corp.

Belmonte said Solaire North has created an electronic databank consisting of photographs of all 19K city employees that will be used to assist casino security in preventing access to excluded persons.

The mayor was speaking at the inaugural “International Conference on Responsible Gambling and Gaming Addiction”, held in Quezon City and backed by the country’s gaming regulator, the Philippine Amusement and Gaming Corp (Pagcor).

According to Ms Belmonte, an electronic device posted at each entrance of the casino at Solaire Resort North would identify any city government official or employee, barring their access to the gaming venue. Quezon City public servants would still be allowed to visit other areas of the resort, she added.

“Even if one wears a wig, a mask or a hat, one’s face can still be detected using a very sophisticated system,” the mayor said.

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Asia

M88 Mansion presents 10th edition of IT’S THE SHIP, Asia’s largest festival at sea, in Korea

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M88 Mansion presents 10th edition of IT’S THE SHIP, Asia’s largest festival at sea, in Korea
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M88 Mansion, one of the biggest and most successful online casinos in Asia, is set to celebrate the 10th anniversary of IT’S THE SHIP, Asia’s largest festival at sea, in Korea from May 23 to 26, 2024.

IT’S THE SHIP offers attendees a unique, nonstop party experience for four days and three nights. This year’s festival will sail from the South Korean city of Busan to Nagasaki, Japan, and back aboard the Italian vessel Costa Serena.

Attendees, affectionately known as shipmates, will enjoy performances from this year’s lineup, including headliners Da Tweekaz, Tchami, Yellow Claw, ACRAZE, Afro Bros, Amber Broos, Quintino, and €URO TRA$H. Additionally, M88 Mansion celebrity partner and brand ambassador Maria Ozawa will also adorn this year’s crowd with a special performance.

Shipmates will also enjoy a list of unique activities, sponsored by M88 Mansion, against the scenic Korean coastline, including a live baccarat tournament with a $25,000 prize pool and daily challenges such as Heads Up Poker, Mini Golf Course, Spin the Giant Wheel of Fortune, and a chance to challenge brand ambassador Ozawa in Beer Pong.

As the event’s partner, M88 Mansion will be giving away exclusive M88 Mansion and IT’S THE SHIP merchandise, adding to the excitement of the voyage.

Ben Kee, Partnership Lead of IT’S THE SHIP, shared his excitement about the upcoming voyage.

“IT’S THE SHIP is thrilled to continue our incredible partnership with M88 Mansion with our upcoming maiden charter from Korea. Our previous collaborations have been amazing, and we’re honored to work with a brand whose values and vision are so closely aligned with ours. Together, we have created unforgettable experiences for our shipmates, and we are excited to raise the bar even higher for our next adventure. With M88 Mansion support, we have curated a variety of exciting activities and surprises for our Korean sailing that shipmates can look forward to, and we can’t wait!” said Kee.

M88 Mansion serves as the title sponsor of IT’S THE SHIP Korea 2024 following the successful collaboration between M88 Mansion and IT’S THE SHIP during the Singapore leg in 2023.

The cruise festival has been providing partygoers with electronic music-fueled voyages through Singapore and China since 2014.

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