Casinos may Finally be Coming to Japan

Casinos may expand across Japan as the government seek to pass a new gaming bill. This proposal would allow for widespread recreational gambling in time for the 2020 Olympics. If the draft goes through then previous restrictions would be lifted to allow for developments in smaller towns as well as cities. Laurence Ho of Melcro Crown has declared plans to invest £3 billion in the Japanese gambling industry if permission is granted. He joins other large casino operators including Las Vegas Sands, Caesars and MGM Resorts by expressing such an interest.

Japan has long been touted as an attractive gaming target. The world’s third largest economy offers a large native population with a lively tourist scene. Potential annual revenues of £12.5 million have been estimated with some speculation going even higher. This decision could create a vibrant new stop on the global gambling scene.