OSAKA, Apr 14 (NHK) - Japan's government has approved a plan by Osaka Prefecture and the city of Osaka to open the country's first resort featuring a casino in 2029. It is the first time for the government to make such an approval.
The so-called "integrated resort", or IR, will include hotels and a space for hosting international conferences.
Government officials concluded that the proposal meets the requirements after hearing from a panel that reviewed measures to combat gambling addiction, the financial stability of the businesses involved, and other factors.
Japanese Prime Minister Kishida Fumio said at a taskforce meet, "We hope the resort will contribute to the development of the region after Osaka hosts the World Expo in 2025, as well as to the growth of Japan. It is also expected to attract global tourists to Japan."
Over 1 trillion yen, or about 7.5 billion dollars, will be invested in building the resort on a man-made island in Osaka Bay. ...continue reading
Source: ANNnewsCH