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
The push for Japanese integrated resort (IR) licences has taken a sober turn as aspiring operators shift from promotion and praising Japan to discussion of sensitive challenges, amid glimpses of negative campaigning.
Gaming analysts and financiers are warning of ongoing and significant obstacles to a best-case timetable for the opening of Japan’s...
MGM Resorts posted better than expected first-quarter revenues on Monday, as the company continues to focus efforts on winning a bid to...