According to information garnered by GGRAsia’s correspondent, consensus on the issue was reached this week during the fourth in a series of meetings by an LDP task force steering the Integrated Resorts (IR) Implementation Bill for casinos through the country’s parliament. At the group’s third meeting on February 28, the LDP lawmakers agreed that without a change of approach by the government, it would be beyond 2025 before any casinos could launch.
According to other news emerging from the meeting, the LDP is still making efforts to submit the bill to parliament this month, with mid-April the absolute deadline if there is to be a chance of passing it in the current session of parliament, which is due to end on June 20.
According to GGRAsia’s information, the government wants an absolute upper limit on the size of what it terms the “gaming area” in any resort to be set at 15,000 square metres. Any gaming area below that size limit, could still only be a maximum of 3% of resort gross floor area. By contrast, the LDP casino task force would prefer the flexibility of no absolute limit to casino space, and just a relative limit as a percentage of gross floor area.
Source: GMB / GGR Asia
