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Online Casino Market in Japan Online Casino Market in Japan

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Online Casino Market in Japan

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It’s no news that the online casino industry has been one of the biggest industries in the last two decades, with billions of dollars annually. From Vegas to Singapore, to Malta, to the United Kingdom and Macau, the online casino is now part of the everyday lifestyle of some people. At the outset of the industry, its current wave wasn’t really envisioned to take place so quickly. However, it will be safe to say that the industry has taken all of us by storm.

One of such revelations that have swept industry enthusiasts and patrons off their feet is the online casino market of Japan. This market is expanding and becoming as big as the rest of the world’s casino industry. There are so excellent online casino facilities in Japan. Manekinecasino was one of the first foreign-owned casinos to indicate interest in the Japanese casino market. We have you covered with all the relevant details relating to the Japanese online casino market and where to begin yourself.

The legality of Online Casinos in Japan 
At the moment, online casinos are on strict restrictions and are generally prohibited at best. The restriction also relates to physical casino outlets operating in Japan, as they are considered illegal. However, lotteries are legal alongside betting on motorcycle racing, horse racing, powerboat racing, bicycle racing, betting on J-League Soccer Toto games. Another widely popular and accepted casino-like outlet in Japan is the Pachinko Parlor that has well over 20,000 outlets across Japan.

Pachinko is an arcade game that requires skill and is very well accepted amongst players of the 15 to 35 age bracket. Pachinko in itself is not up gambling, but it has been manipulated into a gambling game, while the authorities do almost nothing to prosecute gamblers. Pachinko has annual revenue running into billions of dollars generated from players, not taxes.

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Just like the government is aware of Pachinko gambling, it is also mindful of online casino gambling by Japanese at foreign casino sites. Even though it’s generally illegal to operate online casinos in the country, a vast chunk of the Japanese population plays online casinos at several offshore sites. Even with the knowledge of this, the authorities don’t block access to these sites form Japan. This has resulted in varied opinions as to the position of the authorities regarding online casinos in recent times.

The Current Position of the Law
Having carried out several reviews of the existent laws on gambling, particularly online casinos, the Japanese government is finally giving the nod to online casinos. Accordingly, the Japanese lawmakers recently passed the Casino Bill that seeks to legalize and legitimize land-based casinos and online casinos in Japan. In April 2020, the parliament commenced a legislative process for enacting the Casino Implementation Bill, which will give full powers to relevant authorities to regulate the industry.

Among other things, the Implementation Bill will stipulate control measures for casino operators, licensing guidelines and eligibility, taxation, promote responsible gambling practices, et al. It is estimated that the industry will take off with full throttle in 2023, with over 20 billion dollars to be realized by 2030. Therefore, all reasonable indications point to the government’s approval regarding online and land-based casinos in Japan.

How Big is the Japanese Online Casino Market?
Against the backdrop of government casino enactments, some casino and gambling analysts carried out several surveys on the Japanese market. The results of their studies all indicate that the online casino market in Japan is one of the best in the world. For instance, in a 2019 report by Sanford Bernstein, it was reported that the Japanese casino market would be the third-largest in the world, with revenues of 8 billion dollars per annum. This means that Japan will follow behind Macau and the United States, who already occupy first and second places, respectively.

In the same vein, a report by Global Market Advisors suggests that by 2030, the Japanese online casino market will rake in a staggering 24.2 billion dollars per annum. This indicates how far the Japanese market can offer to the online casino and iGaming world upon commencement of casino licensing.

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What the Online Casino Market Entails for All Parties Involved
With no more than 6 locations under consideration for land-based casinos to operate in Japan, online casinos will be more in number, for obvious reasons. With the casino gold mine to be realized in Japan, the relevant authorities are bound to generate revenues through taxes on winnings. Licensing of casinos, as well as tourist growth, will all be driven by the market. In light of the boom, some parts of East Asia might also consider easing up their gambling laws to accommodate online casinos.

On their part, Casinos will make substantial fortunes operating in the Japanese market, given how much ripe the market is. Asides outright profits, they can also understudy other markets for expansion purposes.

With respect to players, they stand a chance of making as much money as their luck and expertise can bring them. So, the Japanese market is indeed a golden opportunity for all parties involved to realize some profits.

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Goa Introduces an Entirely Online Lottery Platform

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In a move towards modernising India’s lottery sector, the state of Goa has introduced an entirely online lottery platform, sanctioned by the Directorate of Small Savings and Lotteries. This initiative, known as Great Goa Games, aims to bring transparency and convenience to an industry that has long grappled with allegations of mismanagement and fraud.

Ticket sales commenced Monday, with the inaugural draw set for Sunday. Rhiti Group, led by founder Arun Pandey, was granted the license to operate and market the platform. “Our mission is to democratize opportunities through technology,” Pandey stated, emphasizing the secure and user-friendly nature of the app-based system.

Goa government official Narayan Gad lauded the move as a step forward for the Indian lottery sector. “With our online lottery streamlining processes through technology, we are setting a new standard in the lottery industry,” Gad remarked. “The technology-based product will enhance transparency and ensure improved monitoring and regulation of operations.”

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This development follows new rules governing online lotteries, introduced by the Goa directorate in February 2023. Currently, 13 states in India, including Goa, allow lottery games, though others have banned them due to concerns over gambling addiction and operational irregularities.

The post Goa Introduces an Entirely Online Lottery Platform appeared first on European Gaming Industry News.

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DigiPlus Interactive Launches “Pusta de Peligro” Campaign

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The DigiPlus Interactive Corporation, with its social development arm, BingoPlus Foundation, has launched the “Pusta de Peligro” campaign, pioneering a responsible gaming initiative to empower Filipino players with the knowledge and tools to make better choices in their gaming experiences. This campaign leverages the relatable term Petsa de Peligro—which reflects the need to be prudent before paydays in the Philippines as a metaphor for moments when players must exercise caution and discipline in their gaming.

The Pusta de Peligro campaign aligns DigiPlus Interactive with the efforts of PAGCOR in promoting responsible gaming and playing with a trusted operator, demonstrating a shared commitment to keeping gaming safe and enjoyable. A three-pronged approach to prevention, education and intervention anchors the campaign’s objective to teach Filipinos how to know the risks, set limits and get the right support.

Last November 14, DigiPlus and BingoPlus Foundation held the “Tamang Laro, Tamang Panalo! Wais Tips for Pusta de Peligro Moments” hybrid talk show in its headquarters in front of over 200 audiences on-site and online.

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The show was split into two sessions with the first one being the “Tamang Laro” episode–Teresita Cambe-Castillo, licensed psychologist, chairperson of the board of Seagulls Flock Organisation and International Gambling Certification Board member, discussed how to spot the signs of excessive gaming and provide mental health support for oneself or others.

In the afternoon, proven financial guru Armand Bengco led the conversation in the “Tamang Panalo” episode, teaching the viewers how to continue winning by knowing how to handle money, build an entertainment fund and spend responsibly.

The “Tamang Laro, Tamang Panalo!” hybrid talk show is proof that DigiPlus, through BingoPlus Foundation, is committed to advancing an education campaign that goes beyond reminders on responsible gaming habits, but also gives actionable, practical tips to better manage their entertainment fund through financial literacy learning sessions, and spot the signs and provide psychological first aid for excessive gaming.

“We’re committed to more than just delivering exciting digital entertainment. With Pusta de Peligro, we’re taking responsibility to help players be mindful, enjoy responsibly, and stay financially aware,” said Rafael Jasper Vicencio, Director of DigiPlus Interactive and President of AB Leisure Exponent and Total GameZone Xtreme, the operator of BingoPlus Stores and developer of its beloved games.

Celeste Jovenir, COO of BingoPlus Foundation and Vice President of DigiPlus Interactive, said: “Pusta de Peligro is just the beginning. We are committed to setting the bar as a responsible industry leader, helping Filipinos navigate gaming wisely, for truly enjoyable and rewarding experiences with us.”

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MelBet Appoints Bollywood Actress Sherlyn Chopra as its New Brand Ambassador

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International iGaming company MelBet has appointed Sherlyn Chopra, one of India’s famous and glamorous actresses, as its new brand ambassador.

As a brand ambassador, Sherlyn would be involved in creating exclusive content and promoting MelBet in international markets.

Sherlyn Chopra is known for her significant success in the film and television industry. Her work, including her role in the psychological thriller, Red Swastik, made her popular in India. Sherlyn is actively involved in showbiz and continues to expand her horizons by doing popular web-series, music albums, short films, launching glamour and style apps and other creative projects.

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“I am incredibly excited to become a part of the MelBet family. Sports are more than just games or competitions as they unequivocally bring people together. I am proud to contribute to its popularisation with such a reliable partner. MelBet is not just about gaming, casinos, or sports. It is about team spirit towards involvement in the games, followed by highs and lows which are inevitable in the pursuit of success and victory. MelBet is an experience that brings us closer as a community and in setting our goals and achieving them. I am looking forward to starting our collaborative journey and the opportunities that we can create and explore for our growing game lovers,” Sherlyn Chopra said.

With this appointment, Sheryln joins other leading names, who represent MelBet in India and globally. MelBet believes that with her fearless approach to pushing boundaries, she embodies the innovative spirit that MelBet values – which led to her appointment. This partnership is expected to strengthen MelBet’s connection with sports enthusiasts, gamers and those passionate about the game, opening up new opportunities for clients and helping to further expand the brand’s reach across South Asia.

The post MelBet Appoints Bollywood Actress Sherlyn Chopra as its New Brand Ambassador appeared first on European Gaming Industry News.

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