Japan Casino Bill to Be Introduced to Parliament April 27, Deadline Still Tight
Japan's Integrated Resorts Implementation Bill will be submitted to the country's parliament, the food diet, on April 27, senior lawmakers from the ruling Liberal Democratic Party stated Wednesday.
Japan casino bill is finally heading to parliament, but did it survive the corruption scandal plaguing its biggest supporter, Prime Minister Shinzo Abe, if it fails to pass before June 20?
The federal government hopes that the bill, which proposes a framework of regulation for the nation's future casino sector, is passed this before the end of legislative session on June 20 year.
Disagreements between the LDP and Komeito Party lawmakers charged with crafting the rules that are new delayed the bill, even though these have now been resolved, there are fears it could miss the motorboat for 2018.
While Japanese Prime Minister Shinzo Abe can be an ardent proponent of gambling enterprises, he is unlikely to countenance an urgent situation legislative session for a bill with small public support at a period when his popularity is at a low that is all-time.
Abe Could Resign come july 1st
Abe's premiership has been rocked by a cronyism scandal involving the discounted purchase of government land to an ultra-nationalist school with links to his wife, Akie Abe.
The scandal risks damaging his party's fortunes in Upper House elections year that is next observers have actually suggested the casino push may lose its most powerful supporter to resignation over the summer time.