News

Refine Coverage

Find the angle you need

Regulation Finance

Japan Ministry of Finance Proposes Raising Casino Tax Rate to Up to 40%

Japan's Ministry of Finance has proposed increasing the tax rate on casino revenues from the current 30% to as high as 40% as part of a new tax framework for integrated resorts (IRs). These integrated resorts are multi-facility entertainment complexes that include casinos, hotels, and convention centers. The proposal is aimed at enhancing government revenue streams amid Japan's ongoing expansion and licensing of casino facilities. The tax hike intends to secure more tax income from the growing gambling market tied to the country’s IR strategy. The Ministry of Finance has submitted the proposed changes for public consultation, and it is expected that further deliberations will take place before any final decision is made. This development reflects Japan’s approach to balancing regulatory oversight with the economic benefits of licensed gambling and integrated resort operations.

Aegis Insights • Apr 01, 2026 • 1 min read
Regulation Technology Finance

Russia’s Ministry of Finance Proposes Mandatory Use of Mir Payment System for Gambling Operators

The Ministry of Finance of Russia has put forward a proposal requiring gambling operators to use the Mir national payment system for payment settlements. This move is designed to enhance state control over financial flows within the gambling industry, aiming to increase transparency and secure better taxation compliance. Under the proposed regulation, all gambling businesses would be mandated to connect their payment channels to the Mir system, a step seen as aligning the sector with the broader government strategy to monitor and regulate gambling-related monetary transactions. By standardizing the use of Mir for gambling payments, authorities expect to curtail unauthorized payment methods and ensure operators adhere to fiscal and regulatory obligations. This proposal reflects the Russian government’s ongoing efforts to tighten regulatory oversight in the gambling market, which has faced challenges relating to payment monitoring and tax collection. If implemented, the regulation would mark a significant step in consolidating control over gambling finance by leveraging the nationally managed Mir payment infrastructure.

Aegis Insights • Jun 20, 2024 • 1 min read
Regulation Finance

Bulgaria’s Ministry of Health to Create Special Fund for Gambling Addiction Treatment

The Bulgarian Ministry of Health has announced plans to implement measures targeting gambling addiction, with a core development being the establishment of a special fund dedicated to financing treatment for affected individuals. This fund will be financed through mandatory contributions from gambling operators licensed in Bulgaria, aimed at supporting social and health interventions related to gambling dependency. The initiative is part of a broader strategy following a detailed analysis on the societal impact of gambling within the country. By introducing this treatment fund, the Ministry highlights the importance of structured support and treatment for gambling addiction as a public health priority. The move reflects increasing regulatory attention on gambling activities and their consequences in Bulgaria, aiming to mitigate harm and provide financial resources to ensure effective treatment coverage.

Aegis Insights • Jun 17, 2024 • 1 min read
Regulation Finance

Hiroshima Selected as Preferred Host for Japan’s Integrated Resort Casino Complex

The Ministry of Land, Infrastructure, Transport and Tourism announced on March 16, 2024, that Hiroshima Prefecture has been selected as the preferred local government to host a major Integrated Resort (IR) casino complex under Japan’s national IR development plan. This decision launches the next phase of negotiations between the Hiroshima Prefectural Government, the national government, and private sector stakeholders focusing on detailed business model development and urban planning for the complex. The proposed Integrated Resort in Hiroshima will feature casinos, hotels, and other entertainment venues intended to stimulate local economic activity and boost tourism. The targeted opening year is around 2029, aligning with Japan’s strategy to develop up to three IRs under the Integrated Resort Implementation Law. Hiroshima’s application was favored due to its strong regional appeal, economic impact potential, and readiness to meet regulatory requirements. This development marks a significant milestone in Japan’s gaming and tourism sectors as the country continues to implement its IR policy to attract international visitors. Hiroshima now moves forward with crafting a comprehensive urban plan and business strategy that will underpin the resort’s construction and operation while aligning with local government priorities and national regulations.

Aegis Insights • Mar 16, 2024 • 1 min read
Regulation Finance

South Korea’s Ministry of Strategy and Finance Proposes New Tax on Video Game Revenues

South Korea’s Ministry of Strategy and Finance has proposed introducing a new tax targeted at revenue generated by video game companies. This proposal, part of the government’s broader fiscal policy plans announced for the year, seeks to establish a structured tax framework for the gaming industry, primarily focusing on major gaming operators. The move signals heightened government scrutiny and regulatory interest in the growing gaming sector, aiming to ensure that significant earnings from gaming activities contribute to public revenues. The initiative reflects ongoing efforts to adapt fiscal policies in response to the economic significance of gaming in South Korea.

Aegis Insights • Mar 15, 2024 • 1 min read