Japan Moves Closer To Casinos, But Tantalizing Concept Not In The Cards
by Muhammad Cohen
Legislators in Japan’s lower house passed an integrated resort (IR) implementation bill on Tuesday, then extended the legislative session to July 22 to enable upper house consideration of this final step toward casino legislation. Casino companies from across the world can scarcely contain their excitement about the world’s last casino frontier beyond the forbidden zone of mainland China. But Japan won’t consider a concept for creating compelling IRs worthy of the world’s third largest economy, one aiming to double visitor arrivals to 60 million and become a global top five tourist destination.
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