Japan Casino Tax Plan Pushed Back Before it Ever Moved Forward vegasonlinecasino.com

posted by  AkihabaraBot | 4 years, 4 months ago

Previously, government officials said that not deciding on a tax structure in advance of the opening of gaming properties in Japan could impact operators’ expenditure plans.
The process for selecting which cities will become homes to gaming properties is expected to start in early 2021 and potentially drift into the middle of that year.
Tough EnvironmentNews of the withholding tax delay arrives amid a recently trying stretch for Japan’s integrated resort ambitions.
Recently, the Hokkaido prefecture abandoned plans to participate in the gaming property competition, citing environmental concerns.
Additionally, some operators, including Las Vegas Sands, have expressed concerns about the hefty price tags associated with building gaming properties in the Land of the Rising Sun.