Japan approves first casino in big bet for an untapped market

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The government approved plans for a $8.1 billion resort, which will house the country’s first casino. The complex is set to open on an island in Osaka in 2029.

The resort’s approval comes as Japan seeks to boost tourism and marks a significant shift in a nation that prohibited casino gambling until 2018. JapanInvestors view Japan, which is home to 125 million people, as a golden egg.

Goldman Sachs predicted in 2018 that Japan could become one of the largest casino markets in Asia, second only to Macao. A similar resort project in Nagasaki, Japan, is also awaiting approval.However, the plans in Osaka have split the public, with some concerned about a rise in organized crime, gambling addiction and the use of public resources.

 

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カジノ建設予定地の隣の咲洲です This is Sakishima next to the casino construction site.

Has MGM Resorts removed a tweet that Osaka's IR plan has been certified by the Japan government?

Not true. Gangwon land.

Gamblers Anonymous has a whole new market to mine as well.

gtconway3d tacky mess

What took so long , haven’t they had those Pachinko gambling parlors for many years now 🤔

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