Gambling News

Japan’s ruling coalition has reaffirmed its policy to exempt non-resident gamblers from taxation on casino winnings. This decision, announced on December 19 by the Liberal Democratic Party (LDP) and its junior ruling partner, the Japan Innovation Party, aims to facilitate the country’s entry into the casino market by making integrated resorts (IRs) more attractive to international visitors. This policy is consistent with an earlier proposal from December 2020, which advocated for tax exemptions on gambling profits for foreign visitors as part of the 2021 fiscal reform. The reaffirmation highlights Japan’s commitment to creating a favorable regulatory environment for the burgeoning casino industry, which is seen as critical to the success of IRs in Japan

The timing of this announcement aligns with Japan’s strategic preparations to inaugurate its first casino resort, MGM Osaka, scheduled for opening in autumn 2030. This announcement marks a significant policy…