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The government, for its part, insists the casinos will serve public purposes, on the grounds that revenues collected from operators will be used to reinvest in the IR facilities overall — which it says will go a long way toward “boosting tourism and Japan’s regional economies.” The opposition argues that the currently drafted casino framework is fraught with signs the government is prioritizing benefits for operators above the well-being of customers. Most indicative of this mindset, they say, is a planned system that would allow casino operators to offer loans http://casinobingod2p.nanobits.org to customers, thereby encouraging their spending. Cabinet Secretariat official Makoto Nakagawa told a Diet session in June that the system is designed to “make the gaming experience more entertaining for customers,” arguing that operators in North America, Europe and Asia do the same. Among those eligible for the credit system will be tourists as well as high-income Japanese customers who can afford to deposit a “substantial” amount of money beforehand. The loans must be repaid within the first two months. Defaulters will be penalized with an annual interest rate of 14.6 percent. Critics say the credit system essentially exploits the inherent desire of gamblers on a losing streak to keep playing in the hope of scoring a last-minute victory, heightening the risk of them succumbing to gambling addiction and accumulating multiple debts. They also point out the planned system will be exempt from the current money-lending business law that stipulates individuals cannot borrow more than a third of their annual income, thus effectively enabling casino operators to decide at their own discretion how much can be loaned — possibly beyond the amount deposited in advance. Another sign is the fact the government scrapped an initial upper limit on the floor space of casinos. A government task force originally recommended a maximum limit of 15,000 square meters to keep casinos under control, only to drop the restriction at the last minute and merely state that a casino must not occupy more than 3 percent of the entire IR space in which it is housed.
For the original version including any supplementary images or video, visit https://www.japantimes.co.jp/news/2018/07/16/national/casinos-japan-tourist-attractions-hotbeds-gambling-addiction/