Since Japan’s Liberal Democratic Party seems to support the idea of the expansion of gambling, with the possibility a casino bill will be approved by lawmakers next year, international gaming companies have indicated strong interest in petitioning for a license, when such licenses become available.
But, they will have competition from the “locals.”
This past week, Reuters reported the country’s biggest real estate developer, Mitsui Fudosan has formed a relationship with Fuji Media and builder Kajima Corp. to develop a gaming complex in Odaiba, near Tokyo Bay.
A spokesman indicated that as of now everything is “up to the government.” However, the three firms want to be ready if and when gaming is approved.
Also indicating an interest in locating in Japan are the firms that are currently operating casinos in Macau, the world’s largest gaming mecca.
Ray Poirier is the longtime executive editor at GamingToday.
Contact Ray at [email protected].