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Japan Starts Casino Legalization Debate in Earnest

Posted by nemcsoda in Royal Vegas Casino. No Comments

28th February



Japanese lawmaker Takeshi Iwaya, a leading proponent of land casino legalization: ‘It’s best to strike while the iron is hot!’ (Image: JapanDailyPress.com)

The world’s casino giants will be closely watching developments in Japan a few weeks since the country’s parliament referred to as Diet is expected to start debating a bill that seeks to legalize and regulate land-based casino gambling. Japan is seen as a sleeping giant regarding the industry: it’s estimated that a casino that is regulated there could eventually generate $40 billion in revenue annually, which would make it the second largest worldwide, after Macau. And Japan’s politicians are eager to find new ways of revitalizing the economy and profit from the Tokyo that is upcoming olympics 2020.

Hit While The Iron is Hot

The nation’s ruling Liberal Democrat Party presented a bill to parliament in early … Read More »