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Japan Close to First Casino Resort

Posted in Casino News by • 1,231 Comments

As other countries around the world continue to see the good casino news rolling in from the UK and Europe, the appetite elsewhere for casinos and resorts to be funded is growing all the time. it looks like Japan might be set to build its first ever casino resort, too, according to Eric Johnstone of the Japan Times. This exciting new development comes ahead of the autumn discussion about who gets to win the rights to the premier gambling complex within Japan takes place.

At the moment, Wakayama and Osaka are the two primary competing parties looking for some extra entertainment. However, the most likely plan at the moment is the artificial island of Yumeshima on the Osaka Bay.

While Rinku Town and Wakayama Marina City both are competing for the right to hold this themselves, it appears that the first option is still the favorite. While political and local disagreements could halt the other options back from succeeding, even the Osaka options appear to have some local resistance.

Indeed, as reported in the Times, extensive tax revenues would be needed for Yumeshima Island, which could be met with stern opposition by non-gamers. With previous complaints about how tourism was eating up taxation, there’s still some considerable uncertainty about where this interesting story will head.

While foreign investment could likely be considered, the bickering that continues to try and win the favor of Tokyo to earn permission is only likely to increase in pace.

This is a major story for fans of gaming in Japan and could determine the overall mood towards legal gaming in the country for many years to come. As time progresses, where this story eventually ends up is going to be extremely exciting to see, for all parties involves.

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