The Osaka Restoration Association will submit a draft ordinance to the Osaka prefectural assembly proposing countermeasures against gambling addiction.<\/p>\n\n\n\n\n\n\n\n
Japan.- While Osaka awaits a central government decision on its IR District Development Plan<\/strong>, the Osaka Restoration Association and the conservative political party Komeito have submitted a draft regulation proposing countermeasures against gambling addiction. <\/p>\n\n\n\n The gambling addiction bill proposes the creation of centres in the prefectural government to be headed by Osaka’s governor. The bill also proposes the creation of an expert defence support committee<\/strong> and a special fund.<\/p>\n\n\n\n At a May meeting of Osaka’s prefectural assembly, Japan’s Liberal Democratic Party also proposed a draft local ordinance to promote countermeasures against gambling addiction. However, officials from the Osaka Restoration Association and Komeito blocked the draft because of concerns over its efficacy and funding<\/p>\n\n\n\n A national law on anti-gambling measures took effect in October 2018, requiring municipalities seeking casino resorts to develop plans for countermeasures at the local level.<\/p>\n\n\n\n Osaka<\/a> selected MGM-Orix as its partner for its IR bid. The consortium proposed to invest JPY1tn (US$9.1bn). The Osaka IR project is set to include three hotel products providing approximately 2,500 rooms<\/strong>, a MICE facility measuring 68,000 square meters, a 3,500-seat theatre, as well as various Japanese cultural experiences and retail facilities. It will also employ about 15,000 people.<\/p>\n\n\n\n In August, a public referendum<\/a> was rejected by the Osaka prefectural assembly on whether or not to allow proposals for an integrated resort. An anti-IR group<\/a> was seeking a vote on Osaka\u2019s IR plan after surpassing the necessary threshold of 2 per cent of voter signatures.<\/p>\n","protected":false},"excerpt":{"rendered":" The Osaka Restoration Association will submit a draft ordinance to the Osaka prefectural assembly proposing countermeasures against gambling addiction.<\/p>\n","protected":false},"author":176,"featured_media":20877,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Osaka's political factions are actively developing local ordinances for gambling addiction countermeasures, a prerequisite for its Integrated Resort (IR) development. The Osaka Restoration Association and Komeito have submitted a draft proposing new centers and a special fund, while a previous Liberal Democratic Party draft was blocked over efficacy concerns. This regulatory activity is critical as Osaka awaits central government approval for its JPY1tn MGM-Orix IR project.","focusai_entities":"Osaka Restoration Association, Komeito, Liberal Democratic Party, MGM-Orix, Osaka prefectural assembly, Osaka's governor","focusai_location":"Japan, Osaka","focusai_target_profile":"ceo_executive (0.9), regulator (1.0), compliance_legal (0.9), operator_casino (0.9), investor_analyst (0.8), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Funding & Efficacy Metrics?","query":"What specific funding mechanisms are proposed for the special fund, and how will its efficacy be quantitatively measured against established responsible gambling KPIs?"},{"label":"IR Approval & M&A Impact?","query":"How might the ongoing political disagreements over countermeasure efficacy and funding impact the central government's final approval timeline for Osaka's IR District Development Plan, and what are the potential M&A implications for the consortium?"}],"footnotes":""},"categories":[16338,23876],"tags":[229,23911,23632],"class_list":["post-33873","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-east-asia-news","category-social-news","tag-gambling","tag-gambling-regulation","tag-integrated-resorts"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/33873","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=33873"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/33873\/revisions"}],"predecessor-version":[{"id":33902,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/33873\/revisions\/33902"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/20877"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=33873"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=33873"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=33873"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}