Japan just did what is right because this will prosper to More attraction from gamblers around the world as if they will continue that Charges may turn gamblers to Play online in which can't be regulate that much.
and also with the situation now Government must act and keep safe the gambling industry or else this wont recover and one big amount of taxes will gone in their barrel.
also they can adjust little by little soon but not this pandemic time when businesses are crawling up just to keep the business alive.
Topic: Japan becomes more friendly towards Gambling - page 3. (Read 906 times)
That is awesome.
I don't know how many tourists go to Japan to visit their casinos but that might help their economy since that might invite some gamblers although as I said, I don't know the percentage of those tourists visiting Japan for their casinos. I don't think other countries as well would benefit from it since I don't think they would implement these especially those countries that earned a lot of taxes from casinos or gambling.
I don't know how many tourists go to Japan to visit their casinos but that might help their economy since that might invite some gamblers although as I said, I don't know the percentage of those tourists visiting Japan for their casinos. I don't think other countries as well would benefit from it since I don't think they would implement these especially those countries that earned a lot of taxes from casinos or gambling.
Japan is not really famous for its casinos and being a highly expensive destination (if we take in to account the hotel rent, conveyance.etc) I don't expect a lot many tourists would visit Japan just for gambling. I have a feeling that these measures are mostly directed towards Japanese nationals. A lot of Japanese citizens travel to destinations such as Macau, in order to visit casinos. The government want them to visit the Japanese casinos.
That is awesome.
I don't know how many tourists go to Japan to visit their casinos but that might help their economy since that might invite some gamblers although as I said, I don't know the percentage of those tourists visiting Japan for their casinos. I don't think other countries as well would benefit from it since I don't think they would implement these especially those countries that earned a lot of taxes from casinos or gambling.
I don't know how many tourists go to Japan to visit their casinos but that might help their economy since that might invite some gamblers although as I said, I don't know the percentage of those tourists visiting Japan for their casinos. I don't think other countries as well would benefit from it since I don't think they would implement these especially those countries that earned a lot of taxes from casinos or gambling.
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This is beneficial to their government but I think this is not good to their citizens that gambles alot. They will tend to spend more money on gambling since if they win some amounts, they will get the whole amount of their winnings. Casinos will also see an increase on their revenue with this policy.
this can still be good to the player that gamble alot because not all players that gamble alot are big players , im a small player but i like to gamble alot too but im not from japan and im not being taxed long time ago . if your from japan and your a small player this policy is optimized for you .
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If this attracts tourists and since there is no taxation in their winnings, I think that most tourist attraction will raise their prices to accommodate this loss in taxes for gambling. The country already recovered so I think that this is just a long term plan to make Japan a gambling hub like Macau or Hongkong. Pretty strange that they lax their policies when it comes to gambling when most of their citizens suffer from strict regulations like pachinkos not directly paying players with money, instead they give them metal balls to go to an exchange which is a hassle but hey, there will be a reform.Perhaps, that is what the government will do due to the no taxation in their winnings. But if they win so much money, they will get the taxes, and if the amount is not too high, I am sure they will like it and will still playing gambling. The recovery itself will not be too slow if the government can get the money from the taxes because they can use it to help their people.
I think the Japanese government has their visions related to the current situations, and maybe that could be their way to give room for the gamblers. On another side, the government can get more income from the taxes.
There is good and there is bad in this decision by the Japanese governments. In terms of additional revenue to the government, this may be considered good. There is definitely an additional income for them. But on the other hand, the government will also be spending more on social services related to combat possible addiction and other measures to make sure gambling will be adequately moderated. There is always negative consequences with gambling.
They probably already think of it before implementing it, gambling may already happening in Japan though not that big and loud but and seems contralable so they are confident that they will be able to handle it when they allows it legally.I hope the government has indeed foreseen the effects of it not just on the government side or on the gambler's side but also on the side of Japanese families. This new development regarding gambling may have possible adverse effects on them.
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Japan is good in implementing rules and their people is quite disciplined enough, hopefully they will not be exposed in alot oglf gambling problems.
Disciplined and good on some things and somewhat uncontrollable and bad on others. Domestic violence in Japan is high. Women are often subjected to violent husbands and partners. I hope expanding the gambling industry won't exacerbate the situation.
Japan is one among the country that take into consideration the necessity of the people and make the policies accordingly. Always keep themselves updated and high with technology based growth. In such a way it is the country to support the usage of cryptocurrencies in large scale. Now it has made a much friendly gambling access.
Agreed Japan is one of the countries that prioritize their citizen over others and with this having a gambling friendly access, It will surely attract people from other country that will boost the economy of Japan. I guess Japan will surely innovate some kind of technology about gambling soon.This should be beneficial to their economy. When people are traveling again Japan will be an attractive destination for high rollers who like to gamble at physical casinos. If this has a significant boost then perhaps other countries can learn from this and adapt their policies to be more flexible on gambling.
It surely will be benificial to Japan's economy. Japan's tourist attraction, technology, Anime, etc,. and now a friendly gambling place will surely attract high rollers from other countries. Economy boost for Japan soon. 🤑🤑 ~snip
This is beneficial to their government but I think this is not good to their citizens that gambles alot. They will tend to spend more money on gambling since if they win some amounts, they will get the whole amount of their winnings. Casinos will also see an increase on their revenue with this policy.
There is good and there is bad in this decision by the Japanese governments. In terms of additional revenue to the government, this may be considered good. There is definitely an additional income for them. But on the other hand, the government will also be spending more on social services related to combat possible addiction and other measures to make sure gambling will be adequately moderated. There is always negative consequences with gambling.
It is to be expected since they aim to attract more foreign gamblers and to gain more taxes from it, they will have to put more effort in their gambling side economy. A lot of people travels to Japan fue to their culture, food and tourist spots, now foreigners can also enjoy gambling there. It will add as a good attraction especially to those who likes travelling and gambling.
This should be beneficial to their economy. When people are traveling again Japan will be an attractive destination for high rollers who like to gamble at physical casinos. If this has a significant boost then perhaps other countries can learn from this and adapt their policies to be more flexible on gambling.
It could be a way to attract tourists to come to Japan. Perhaps, the government realizes that the gambling industry is one of the big industries contributing taxes in a big amount. So the government can try to increase the tax income that they can get from the gambling industries. Besides that, if Japan allows gambling, many gamblers will visit Japan, and they can enjoy the Japanese culture while also playing gambling in that country.
That way can help the country to have money for recovering from post covid. We hope that their policies will bring fresh air into the gambling industry. But it needs more regulation to control people who will allow to playing gambling because that can attract young tourists or local young people to try to playing gambling.
If this attracts tourists and since there is no taxation in their winnings, I think that most tourist attraction will raise their prices to accommodate this loss in taxes for gambling. The country already recovered so I think that this is just a long term plan to make Japan a gambling hub like Macau or Hongkong. Pretty strange that they lax their policies when it comes to gambling when most of their citizens suffer from strict regulations like pachinkos not directly paying players with money, instead they give them metal balls to go to an exchange which is a hassle but hey, there will be a reform. That way can help the country to have money for recovering from post covid. We hope that their policies will bring fresh air into the gambling industry. But it needs more regulation to control people who will allow to playing gambling because that can attract young tourists or local young people to try to playing gambling.
It could be a way to attract tourists to come to Japan. Perhaps, the government realizes that the gambling industry is one of the big industries contributing taxes in a big amount. So the government can try to increase the tax income that they can get from the gambling industries. Besides that, if Japan allows gambling, many gamblers will visit Japan, and they can enjoy the Japanese culture while also playing gambling in that country.
That way can help the country to have money for recovering from post covid. We hope that their policies will bring fresh air into the gambling industry. But it needs more regulation to control people who will allow to playing gambling because that can attract young tourists or local young people to try to playing gambling.
That way can help the country to have money for recovering from post covid. We hope that their policies will bring fresh air into the gambling industry. But it needs more regulation to control people who will allow to playing gambling because that can attract young tourists or local young people to try to playing gambling.
Japan is one among the country that take into consideration the necessity of the people and make the policies accordingly. Always keep themselves updated and high with technology based growth. In such a way it is the country to support the usage of cryptocurrencies in large scale. Now it has made a much friendly gambling access.
- the citizens will still be taxed if their winnings exceed a certain amount
This is ok in my opinion! This should be an example for all others! It's ok to have fun on some low levels, when someone plays over that can spend some money on taxes, but let ordinary people to have fun without much hassle!
It's nice to see there're countries that are becoming more opened for people, in this particular example for gambling! And it's how I imagine the future, and while some countries will have that positive way of thinking some other countries are going in the opposite direction, which is a sad thing!
This gonna be turn away that more people are now gambling because they got so bored at home without a chance to go outside. They are just helping themselves to get alive and if they are also lucky in gambling, they can make money for it as well.
According to the recent reports Japan after realizing how the taxation on IR's can fail to attract foreign players removed the taxation on the gambling winnings in IRs. Now people can enjoy a more gambling friendly environment **particularly the foreigners**.
Basically the government is trying to attract tourist that are able to spend huge amount of money and it is a good technique to reduce the taxation on gambling wins so that they could attract the big rollers from international destinations and if they could attract them then it will boost their other sectors as well especially the hospitality industry. I do not think so that every country will be trying to emulate the same tactics but with recession and the pandemic majority of the government will try to find different ways to boost the economy. Every country is now finding options how to get back on their feet. Since gamblers will always be gamblers, they will play no matter what. So it is a smart move from the government, to attract more gamblers, better be loose with their regulations. In the end, they are both in the win-win situation here.
According to the recent reports Japan after realizing how the taxation on IR's can fail to attract foreign players removed the taxation on the gambling winnings in IRs. Now people can enjoy a more gambling friendly environment **particularly the foreigners**.
Basically the government is trying to attract tourist that are able to spend huge amount of money and it is a good technique to reduce the taxation on gambling wins so that they could attract the big rollers from international destinations and if they could attract them then it will boost their other sectors as well especially the hospitality industry. I do not think so that every country will be trying to emulate the same tactics but with recession and the pandemic majority of the government will try to find different ways to boost the economy. 
I didn't know about that event.
I didn't know that Japan has become more friendly in relation to gambling.
Although I don't know Japan very well, for me this is a very good news, it can attract more tourists and it can also help the japanese economy.
I didn't know that Japan has become more friendly in relation to gambling.
Although I don't know Japan very well, for me this is a very good news, it can attract more tourists and it can also help the japanese economy.
Covid pandemic caused very deep crysis and I don't think that collecting taxes from gambling can help to diminish the effects of crysis in any country, not just Japan. This could be very small contribution.
Then what would be the solution? Just do nothing and wait for the pandemic to be completely gone?
Since gambling is surviving even in a pandemic, why not take that as an advantage and get revenues out of it? And countries are not relying on taxes but they need all options they have as part of the revenue and collecting taxes from gambling is one of the best options they have.
So, even if Japan is or becomes gambling friendly there are probably some other reasobs behind it.
What you are trying to say here?
- the citizens will still be taxed if their winnings exceed a certain amount
This is ok in my opinion! This should be an example for all others! It's ok to have fun on some low levels, when someone plays over that can spend some money on taxes, but let ordinary people to have fun without much hassle!
It's nice to see there're countries that are becoming more opened for people, in this particular example for gambling! And it's how I imagine the future, and while some countries will have that positive way of thinking some other countries are going in the opposite direction, which is a sad thing!
Well japan are prohibited in any gambling activities but everything can be change when your country wants more taxes from people , this is a good idea to grow their economy back after the pandemic happened , it would help to their economy with tourist and others for them and start collecting taxes to rebuild what covid done its damage. It is not surprize since It is japan they can do everything they want as long as it is good in their country. And hoping that they will start accepting bitcoin too.
Covid pandemic caused very deep crysis and I don't think that collecting taxes from gambling can help to diminish the effects of crysis in any country, not just Japan. This could be very small contribution. So, even if Japan is or becomes gambling friendly there are probably some other reasobs behind it.
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