Showing posts with label pachinko. Show all posts
Showing posts with label pachinko. Show all posts

Monday, April 21, 2014

Casino Gambling in Japan?


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.