Japan approves first casino, hoping to create new tourism stream
The japanese government approved its first casino on Friday, taking a step toward developing a new source of tourism. The casino will focus on attracting domestic tourists, Nikkei Asia reported.
Japan approves first casino, hoping to create new tourism stream
The Economics of Geography

Japan approves first casino, hoping to create new tourism stream

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Eurasia 16/04/2023 08:33

The japanese government approved its first casino on Friday, taking a step toward developing a new source of tourism. The casino will focus on attracting domestic tourists, Nikkei Asia reported.

Japan on Friday approved a plan to build the country's first casino in the western city of Osaka, paving the way for a 1.8 trillion yen ($13.5 billion) resort set to open in 2029, aimed at attracting domestic and international tourist spending.

The giant resort complex located on Yumeshima, a reclaimed island in Osaka Bay due to hold the World Expo in 2025, will also include hotels, a conference centre, shopping mall, museum and ferry terminal, while high-rollers will have access to an adjacent helicopter pad, Nikkei Asia reported.
A flying car in which the driver gets on flies as a test flight at Osaka Castle Park in Osaka City, Osaka Prefecture on March 14, 2023. (Photo: Mami Nagaoki / Yomiuri / The Yomiuri Shimbun via AFP)
Casinos were previously illegal in Japan along with other private gambling, but a 2018 integrated resort (IR) law provided exception to casino games such as poker or baccarat at officially approved establishments as part of an effort to attract tourists, Reuters explains.

“It is expected to contribute to the local economy and the economic growth of all of Japan after the Osaka-Kansai Expo and become a tourism hub for transmitting the charms of Japan,” Prime Minister Fumio Kishida said at a meeting of the government’s IR, or integrated resort, promotion panel.

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