No Common Gambling Framework for the EU

The European Union will not pursue a common gambling framework for the EU, according to European Commissioner Elżbieta Bieńkowska. The Commissioner for Internal Market, Industry, Entrepreneurship and SMEs reiterated the organizations opposition to a single regulatory approach, despite a seemingly continuous number of disputes between individual nations and the EU over policy. Bieńkowska’s statement came in a letter to Italian Member of the European Parliament (MEP) Mara Bizzotto, who had questioned whether a uniform gambling framework for the EU was preferable following the ban on slot machines voted by the government of the Province of Vienna. Bizzotto highlighted that Vienna…

Is Japan betting big on the legalization of casinos?

CNN – While Japan’s economy continues to falter, lawmakers are betting big that the casino industry can swoop in and lift it out of the doldrums. Gambling is currently illegal in Japan, though many play pachinko, a quintessentially Japanese game often likened to pinball. While cash prizes are forbidden, many pachinko parlors work on a gray economy where prizes are exchanged — off-premises — for hard currency. This week, a major conference focusing on the future of the industry opened in Tokyo. It comes at a time when key legislation is being pushed through Japan’s parliament that could pave the…