MGM and WYNN monitoring gaming in Japan

Sep 23, 2013 6:35 PM

Sensing the new government of Japan is going to be better for gaming, America’s biggest gaming companies have already staked out people to monitor the situation so they can be at the forefront of the movement.

Over the weekend, Bloomberg News reported Hiroyuki Hosoda, a close ally of Prime Minister Abe, said his group is prepared to submit a casino bill at the next legislative session, expected to convene next month.

Already such major players as Wynn Resorts Ltd. (WYNN), and MGM Resorts International (MGM) have shown their interest in potential projects. Some gaming analysts are suggesting casinos in Japan could grow into Asia’s second largest market behind Macau.

Ray Poirier is the longtime executive editor at GamingToday.

Contact Ray at [email protected].

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