Yokohama mayor meet press over tax on off-track betting booths

Yokohama mayor meet press over tax on off-track betting booths

YOKOHAMA, Japan - Yokohama Mayor Hidenobu Takahide meets the press at the municipal government building in Yokohama on Dec. 14 after the city assembly approved a revised ordinance allowing the city to impose Japan's first local tax on horse-race betting. The city, the birthplace of modern horse-racing in Japan, estimates the 5% levy on bets placed at the city's off-track betting booths will bring in 1 bil. yen.

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