Following passage of an eagerly anticipated bill to legalise integrated resorts, Japan is now primed to step forward as one of the most significant expansion opportunities in the history of the international casino industry.
Still, there is a long road ahead before the specifics of Japan’s casino regime are set in stone.
The path toward Japanese casino approval is two-fold, with the legislation passed by Japan’s Diet in December 2016 simply calling for authorisation of integrated resorts.
Now, the administration of Japan’s Prime Minister Shinzo Abe and Diet members must craft a more detailed, implementing bill — setting out a precise regulatory framework for a casino market that many believe will very quickly become one of the most lucrative on the planet.
See below for GamblingCompliance’s coverage from Tokyo.
Insight & Analysis
Las Vegas Sands has sensationally terminated its campaign to operate an integrated resort (IR) in Japan, with chairman and CEO Sheldon Adelson attributing the withdrawal to a government “framework [that] has made our goals there unreachable”.
Wakayama’s integrated resort (IR) campaign has dwindled to a two-horse race, with junket operator Suncity and Canadian private equity...
An integrated resort (IR) consortium led by MGM Resorts International was the only candidate to file a request for proposal to Osaka’s...
Latest quarterly Integrated Resort Gaming report for the Asia-Pacific region. The data released in this report contains the following information: Quarterly and annual volume/drop/handle, revenue &...