There has been quite a bit of
chatter over the last few months about the possibility of Japan legalizing
gambling. The big international gaming
companies have been lobbying Japanese politicians to change the laws, and
presented plans for prospective resorts in casinos in some of Japan’s major
cities. Abe Shinzo himself made an
appearance at a gaming industry event in Tokyo last fall, and pundits read his
appearance as support of the inevitability of changes that will legalize new
types of gambling in Japan. Japan’s
present gaming laws prohibit casino gambling, but allow bets on horse, bicycle
and boat races, and non-cash reward games.
There are a number of reasons Japan would consider legalizing casino
gambling and reason to prevent it.
Legalization would raise tax revenue, keep more money in Japan, and
possibly create more job opportunities in the casinos themselves and in the
regulatory apparatus. But the wealthy
pachinko business can afford to fight back, alongside anti-gambling elements in
the Japanese polity.