In a bid to attract more overseas gamblers, the chief of the ruling Liberal Democratic Party panel said Thursday that winnings by nonresident foreigners at Japanese casino resorts will not be taxed.
Although such resorts have yet to be established in Japan, it is hoped the envisaged tax exemption will provide impetus for operators to plan "integrated casino resort" projects — complexes that incorporate casinos, hotels, conference rooms and shopping malls — which the government is keen to promote.
Prime Minister Yoshihide Suga promoted the introduction of the casino resorts while in the role of chief Cabinet secretary under his predecessor Shinzo Abe, hoping to attract more foreign tourists to invigorate the economy in the wake of the Tokyo Olympics and Paralympics.