JAPAN CASINO FEE FEE $27 MILLION FOR 2023 BUDGET

Japan's Casino Regulatory Commission has been allocated 3.62 billion yen ($27.2 million) from the national government in the organizing budget for fiscal 2023. This is an increase of nearly 3% over the budget for fiscal 2022, according to information gathered by GGRAsia's Japan correspondent.

In September, the committee reportedly asked for a 10% increase in the organization's budget for fiscal 2023.

The central government will submit its budget bill to the National Assembly by the end of January next year.

The commission will record a seven-person increase in staffing to 164. The commission's estimate of staffing and operating costs for fiscal 2023 is 2.85 billion yen, up 70 million yen from the previous year.

The cost of establishing an "organization that oversees casino operators" is expected to be 370 million yen, down 10 million yen from the previous year.

The cost of conducting an examination by casino operators to confirm the suitability of the casino license is set at 220 million yen, up 10 million yen from the previous year.

The cost for fiscal year 2023 for the "establishment of an information technology (IT) system to confirm the suitability of casino permits for casino operators and others" was set at 60 million yen, the same as in fiscal year 2022.

The cost excludes 910 million yen, the amount that the Japanese Casino Regulatory Commission has to pay for such work by the Japan Digital Agency, a government agency established to support the "digitalization" of the country's economy, government, and society.

Under the fiscal 2023 budget, the cost of "building relationships with overseas regulators" will be 220 million yen, up 30 million yen from the previous year.

Even if one or two of Osaka and Nagasaki are approved by Japanese authorities early next year, it is unlikely that casino resorts will operate in Japan before the end of the current decade.

Several Osaka lawmakers have recently pressed senior government officials to quickly approve Osaka's IR plan.

Local government representatives in Nagasaki have repeatedly urged authorities to give more information about the funds promoted by the 438.3 billion-yen project.

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