
Japanese lawmaker Takeshi Iwaya, a proponent that is leading of casino legalization: ‘It’s best to hit even though the iron is hot!’ (Image: JapanDailyPress.com)
The planet’s casino leaders is going to be closely watching developments in Japan next week as the country’s parliament referred to as Diet is expected to begin debating a bill that seeks to legalize and regulate land-based casino gambling. Japan is observed being a sleeping giant of the industry: it’s estimated that a regulated casino market here could eventually generate $40 billion in income yearly, which would make it the second biggest on the planet, after Macau. And Japan’s politicians are desperate to find new methods for revitalizing the economy and cash in on the Tokyo that is upcoming olympics 2020.