Japanese Casinos May Not Allow Sportsbetting

Lawmakers in Japan may not allow the upcoming casino industry to offer sportsbetting services to punters, and online betting also looks like it's getting the shaft as well.

The Office of Integrated Resort Regime Promotion, which is a panel of officials drafting the casino bill in Japan recommended prohibiting sportsbetting at the casinos, and is considering limiting junkets (middlemen who loan money for betting) from operating as well. The country is said to be looking at Singapore as a betting market they want to emulate, and there are tight restrictions on both sportsbetting and junkets in that country as well.

The panel is also considering limiting credit card purchases for gambling in the casinos to international punters only, and would ban ATMs from the floor.

Gambling has been considered illegal in Japan, but the country is looking to get in on the lucrative casino market by opening select properties.

We will update this story as more developments arise.

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lvblck
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16 June 2017 - 12:30pm
#1

Well I understand that they want to offer some sort of gambling to their citizens because at the end of the day it will bring them more money. But I don't understand why sports bets shouldn't be allowed. Why are they different?

bgsharpe
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18 June 2017 - 4:52pm
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blck wrote:

Well I understand that they want to offer some sort of gambling to their citizens because at the end of the day it will bring them more money. But I don't understand why sports bets shouldn't be allowed. Why are they different?

Any country has it's own laws and obviously in Japan casino offering sportsbetting would be considered as a junket (middlemen who loan money for betting) as Slim explained in the news, so I guess this is a good reason for them for not allowing casinos to offer spots bets.