The future of casinos in Japan -- Sep 16
Gambling and casinos in Japan have not been legal for all that long. When looking at the history of casinos, it is easy to say that the future should be brighter than the past.

Gambling and casinos in Japan have not been legal for all that long. When looking at the history of casinos, it is easy to say that the future should be brighter than the past.

Japan is interested in a healthy future for casinos because the government hopes foreign tourists will also go to Japan to partake in the casinos, and drive up the local economy for businesses in Japan. Only in 2018 did Japan start to legalize casinos, so before then you could not legally go to a casino in that country.

This article by USA Online Casino does show that the future of casinos is back in jeopardy, but there is likely still a bright future once the hurdles get cleared. While there is some corruption to work through, it is likely casino licenses will be issued again in the coming years. Companies are still vying for coveted licenses.

Whether you are looking to play slots, poker, blackjack, or cards, there soon should be options for you in Japan, after the corruption issues are resolved. Be patient, and wait for the casino licenses to be issued. You should be able to visit a casino in Japan in the very near future and play any game you would like!

Casino Licenses in Japan

There has certainly been some government red tape regarding the issuing of casino licenses in Japan. However, many companies remain interested in bidding on licenses, they just have to remain patient while restrictions are lifted. In reality, once the government clears up the issues, there is likely to be a bidding war for the licenses between the world’s top casino operators.

There is some good news. In 2018, Japan first announced that casino operators could bid for three legal licenses for a resort in Japan. While it has been slow going since then, in 2020, a Casino Administration Committee was established, which is going to manage all Japan resort operators and help with the license restrictions. Now that this committee is in place, some issues should be resolved sooner than later surrounding the legalities of casino licensing in Japan.

Anytime substantial new bills are passed in the government, it always takes a few years to iron out the red tape and put the laws into effect. The casino licenses are no different, but as the months pass, Japan is getting close to issuing the licenses and having casinos open full time with easy, legal access.

The 2018 bill and what it means for the Future

In 2018, lawmakers made casinos legal, almost. In other words, they approved a bill making casinos officially allowed in the casino. Now, operators must fight for the licenses. One of the reasons it took so long to pass the bill in 2018 was over the concern of Japan citizens getting addicted to gambling.

When licenses are issued, there will likely be restrictions on users of the casinos. Local Japan citizens will probably be restricted to a certain number of times per week in the Casino. And, foreigners will be charged a fee to use the casinos. These rules are to help make sure people do not get addicted to gambling. While it might seem annoying if you want to go out every day or if you are on a winning streak, in the long run these rules and restrictions were put in place to protect people from losing all their money.

While Japan has survived for centuries without legalized casinos, the legalization is mostly regarded as positive news for Japanese citizens and the local economy.

Casinos and the Economy

Many corporations are interested in applying for the coveted casino licenses. While it has been slow to obtain, the country of Japan is vested into the future of casinos in its country. Part of the reason Japan is going down the path of legalizing casinos is that the government has decided casinos will positively affect the economy.

The hope is that foreign tourists will enter Japan to use the casinos, and then spend money at other establishments in the country as well, thus increasing the overall health of the financial economy in Japan. Bars and restaurants can open strategic locations next to open casinos, and market themselves at casino goers, which could stimulate the profits of the restaurants.

By legalizing casinos, the Japan government not only created a new business industry, which stimulates many companies and individuals, but they also hope to but a jolt into the economy of the entire country. While it is taking some time to work out the kinks and get licenses issued, in the long run, the economy of Japan is going to benefit from the legalization of casinos.

Key Takeaways

Casinos in Japan are on the verge of being legalized. In a way they have, as casinos are now legal, but casino operators have been working on obtaining licenses since 2018. Once things resolve, there is liable to be a growth spurt in casinos over the next decade, as establishments work to capitalize on the new laws in Japan.

- There are some additional legal hurdles to pass through before people in Japan can rest easy knowing there is a future for casinos.

- Once licenses are issued, there will be restrictions in place that limit the amount of time people can spend in casinos, in order to dissuade individuals from becoming addicted to gambling.

- There is hope that the legalizing of casinos in Japan will help stimulate the local economy and even attract foreign tourists who will spend money in the country.

No matter your desire – cards, slots, or something else – there will soon be casinos in Japan where you can legally partake in these activities. When the casinos do open, they should have all of your favorite games readily available. Monitor the news, as the laws and licensing issues continue to clarify on an almost daily basis. It should soon be announced which casinos will get the sought after licenses.

News source:
Oct 27
The animated movie "Kimetsu no Yaiba," or "Demon Slayer," has broken box office records in Japan, earning 10 billion yen in its first 10 days in theaters. It reached the milestone much faster than the 25 days it took the 2001 animated fantasy film "Spirited Away." (NHK)
Oct 27
A new survey shows only a small number of people in Japan are getting the safety benefits of working from home. It found that less than 20 percent were telecommuting despite calls to do so to prevent the spread of the coronavirus. (NHK)
Oct 24
Tokyo and London have agreed the UK's first big post-Brexit trade deal as Britain pushes to keep its economy on track after leaving the European Union. (NHK)
Oct 24
Japan's minister in charge of the coronavirus response says he will ask businesses to extend their year-end and New Year holiday period so people can stagger their travel. (NHK)
Oct 24
Wine connoisseurs in Japan are gearing up for an annual ritual. (NHK)
Oct 23
Mitsubishi Heavy Industries Ltd. is considering sharply scaling back its staff and budget for developing the first domestically manufactured passenger jet, effectively freezing the operation amid a slump in demand caused by the novel coronavirus pandemic, sources close to the matter said Thursday. (Kyodo)
Oct 22
Japan is considering creating a hub where financial firms can file regulatory paperwork in English as Tokyo aims to recruit banks and brokerages away from Hong Kong and other parts of the world, according to people familiar with the matter. (Japan Times)
Oct 22
A computer file containing data on 2,750 business partners of a unit of Japan Post Co. has been leaked, the parent company said Tuesday. (Japan Times)
Oct 21
Japan and China are expected to agree as early as this month on resuming travel by both short- and long-term businesspeople between the two countries, Japanese government sources said Tuesday. (Japan Today)
Oct 21
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Oct 19
Over the coming decade, Japan will get economic tailwinds from a force never before experienced in economic history anywhere on this scale: the country's gigantic stock of record household savings will become unstuck. (Japan Times)
Oct 18
NHK hopes to make it mandatory for those who have not signed viewing contracts to report to the broadcaster whether or not they have a TV, a move it says could help cut costs for collecting fees. (Japan Times)
Oct 16
Analysts credit a Japanese government travel campaign with a slight uptick in spending on services and entertainment in late September. (NHK)
Oct 15
The parent company of All Nippon Airways Co. plans to acquire 400 billion yen ($3.8 billion) in loans from five Japanese banks as the airline operator's earnings have sharply deteriorated under the novel coronavirus, sources close to the matter said Wednesday. (Kyodok)
Oct 13
A chain of misjudgments and unexpected events, not least Carlos Ghosn's escape to Beirut, have sent Japanese prosecutors and former Nissan Motor general counsel Greg Kelly on a collision course set to unfold in his long-awaited trial over the next nine months. (Nikkei)
Oct 13
The Indian economy is set to become the third largest in the world behind China and the US by 2050 and retain the same position in 2100, a study published in the medical journal Lancet found by translating working age population of countries into scenarios for total GDP. ()
Oct 13
A report by the BOJ highlights that prices in Japan are under downward pressure amid the pandemic. (NHK)
Oct 12
A growing number of Japanese companies in the retail and service sectors are turning shop space into shared rental space to meet demand for telecommuting due to the pandemic. (NHK)
Oct 10
Pressures for public aid are mounting in the Japanese aviation market, with no rebound in sight for air travel, as full-service and budget airlines are preparing further cost-cutting measures that will hit their employees and routes. (Nikkei)
Oct 09
The Japanese government says it expects the country's crude steel output this year to be the lowest in about half a century, as the economy continues to feel the effects of the coronavirus. (NHK)