wo large-scale resorts - one each in Tokyo and Osaka - could be worth us$ 10 billion in annual gaming revenues, said Union Gaming Group Principal Grant Govertsen. Those figures would surpass the Las Vegas Strip, which produced us$ 6.2 billion in revenues in 2012.
Casino operators could be taxed as much 10 % nationally on gross gaming revenues as well as having to pay local fees and licensing costs. “We think the government should consider integrated resort development, at least in Tokyo, as a means to help the related Olympics infrastructure come to fruition,” Govertsen told investors the day after the announcement.
Nevada’s largest casino operators flew to Japan to scout potential gaming locations soon after news of the Olympics broke.