The legislation could pass during the fall, after the new House of Councillors is elected.
Japan.- The island nation will remain as one of the largest untapped gambling markets in the world, since the country will have yet another delay on potentially passing legislation that would authorize Las Vegas-style brick-and-mortar casinos.
As local media reported at the January 4th legislative session Japan, lawmakers decided not to pass the so-called Integrated Resort Facilities Promotion Bill, that could lead to the end of casino’s ban. Therefore, the bill most likely will not pass before the House of Councillors election that is set to take place this summer, the report explained.
Different analysis predicted that Japan’s casino industry could generate an estimated US$40 billion a year in gaming revenue.