Yokohama court orders seizure of Tokyo apartment linked to casino funds
A branch of the Yokohama District Court ordered bailiffs to seize an apartment in Tokyo at Kanagawa Prefectural Police’s request, according to media reports. Police suspect the property, which cost more than ¥98m, was bought with proceeds from criminal activity linked largely to gambling platforms; its ownership would pass to the state if the occupant is convicted.
Operators and investors face enforcement risk when authorities suspect property was bought with criminal proceeds linked to gambling platforms.