Amid the Covid-19 pandemic, the Japanese government has started to discuss the possibility of legalising baseball and football sports betting.<\/p>\n\n\n\n\n\n\n\n
Japan.- The arrival of the Covid-19 pandemic and changes in behaviour as players turn to online gambling <\/strong>has led the Japanese government to seriously think about the possibility of legalising sports betting<\/strong>.<\/p>\n\n\n\n There are currently only four types of sports betting permitted in Japan: horseracing, bicycle racing, and motorboat and motorcycle racing.<\/p>\n\n\n\n However according to the Financial Times, internal discussions have already begun <\/strong>and experts believe the legalisation of baseball and football <\/strong>sports betting could create a market of nearly US$65bn<\/strong>.<\/p>\n\n\n\n The Japanese government has noted that horseracing bets<\/a> increased 30.1 per cent in the fiscal year 2020<\/strong> to their highest in nearly 30 years fueled by online betting.<\/p>\n\n\n\n The sports betting industry<\/strong>, meanwhile, lost over US$2.5bn <\/strong>in 2020 due to the cancellation of games<\/p>\n\n\n\n According to various reports, Japanese players are increasingly betting illegally via offshore websites<\/strong>, and the government believes it could be time to bring those players back through the legalisation of sports betting. <\/p>\n\n\n\n While there is no date for when sports betting could be legalised, according to the FT newspaper, the legalisation of betting on Nippon Professional League<\/strong> baseball could arrive by 2024.<\/p>\n\n\n\n Meanwhile, new legislation has been drawn up for Japan\u2019s future casino industry, <\/strong>including regulations designed to tackle organised crime<\/a>. Japan\u2019s Casino Regulatory Commission plans to grant licences for up to three casino resorts in the country<\/a>. <\/p>\n","protected":false},"excerpt":{"rendered":" Amid the Covid-19 pandemic, the Japanese government has started to discuss the possibility of legalising baseball and football sports betting.<\/p>\n","protected":false},"author":176,"featured_media":12571,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"The Japanese government is actively considering the legalization of baseball and football sports betting, driven by the surge in online gambling during the pandemic and a desire to repatriate revenue from offshore betting. This potential expansion, estimated to create a US$65bn market, follows significant growth in existing online horseracing betting and coincides with ongoing regulatory developments for the country's nascent casino industry.","focusai_entities":"Japanese government, Financial Times, Casino Regulatory Commission, Nippon Professional League","focusai_location":"Japan","focusai_target_profile":"ceo_executive (0.95), regulator (0.98), compliance_legal (0.95), operator_casino (0.92), affiliate_publisher (0.88), product_ux (0.75), tech_data (0.78), marketing_crm (0.9), payments_fraud_aml (0.93), investor_analyst (0.97), supplier_vendor (0.9), journalist_researcher (0.96)","focusai_suggestions":[{"label":"Regulatory Timeline","query":"What is the projected legislative timeline for the full regulatory framework and B2B\/B2C licensing process for sports betting in Japan, beyond the 2024 target for Nippon Professional League?"},{"label":"Market Entry Strategy","query":"How will the Japanese government structure the B2B and B2C licensing models for sports betting, and what are the anticipated capital requirements and governance frameworks for market entry?"}],"footnotes":""},"categories":[157,16338,158],"tags":[23911,233,23935],"class_list":["post-17323","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-east-asia-news","category-slider-home","tag-gambling-regulation","tag-sports-betting","tag-sportsbook"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/17323","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=17323"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/17323\/revisions"}],"predecessor-version":[{"id":17357,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/17323\/revisions\/17357"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/12571"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=17323"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=17323"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=17323"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}