International edition
September 26, 2020

New bill expected to become law in early 2015

Japan proposed allowing residents to gamble

(Japan).- Japanese parliament's Integrated Resorts Promotion Bill will now allow Japanese nationals to gamble, according to a report form Reuters. The law allowing for casino resorts to be built before the 2020 Tokyo Olympics will allow locals to gamble alongside foreign visitors.

W

ith the new bill expected to become law in early 2015 there were fears that the government and Prime Minister Shinzo Abe was considering to ban locals from gambling within the casinos to appease opposition parties to get the bill through parliament.

However with Japan only attracting some 10 million tourists per year in a country that has 128 million residents many foreign casino operators would not have been interested investing had that law been brought in.

Indeed with Macau the world’s largest gambling hub seeing nearly 30 million visitors per year the prospect then of operators investing the US$ 10 billion or more building the casino resorts in Japan was more unlikely.

If that were to be the case, it would be a “tremendous missed opportunity,” said Jim Murren, chief executive of MGM Resorts International earlier this year. 

What is your opinion about this article?
  • I like it
    %
    0 votos
  • I don't like it
    %
    0 votos
  • I have not thought about it
    %
    0 votos
Leave your comment
Newsletter Subscription
Subscribe to receive the latest news and updates
Enter a valid email
Complete the captcha
Thank you for registering to our newsletter.
Follow us on Facebook