{"id":109919,"date":"2019-07-22T15:29:25","date_gmt":"2019-07-22T22:29:25","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=109919"},"modified":"2019-07-22T17:17:42","modified_gmt":"2019-07-23T00:17:42","slug":"pro-casino-ruling-coalition-wins-new-term-in-japanese-elections","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/pro-casino-ruling-coalition-wins-new-term-in-japanese-elections\/","title":{"rendered":"Japan Pro-Casino Ruling Coalition Wins New Term, But Time Running Out for Osaka\u2019s 2025 Masterplan"},"content":{"rendered":"

Japanese leader Shinzo Abe declared victory for the pro-casino ruling LDP\/Komeito coalition on Sunday, having secured a majority in upper house elections that should see him become the country\u2019s longest-serving prime minister ever, despite being beset by corruption scandals<\/a> over the past two years.<\/p>\n

\"Shinzo
Japan\u2019s upper house elections were a victory, of sorts, for Shinzo Abe (center) and his \u201cAbenomic\u201d economic plan, of which a liberalized casino market has long been a part. (Image: EPA)<\/figcaption><\/figure>\n

Abe\u2019s LDP won 71 of the 124 seats up for grabs in the 245-member chamber but fell short of the super-majority needed to push through the party\u2019s longstanding goal of revising Japan\u2019s pacifist constitution, adopted in the aftermath of the WW2.<\/p>\n

“I would like to express my gratitude to the voters,” said Abe in a press conference, Monday afternoon. “This is a choice between political stability and chaos. We asked the voters to choose between these two options and many people listened to our speeches on the streets.”<\/p>\n

Abenomics Marches On<\/strong><\/h2>\n

But not that many. The turnout — less that 50 percent — was the second lowest since the war. Nevertheless, the result represents public faith in so-called \u201cAbenomics\u201d — an economic policy pursued since 2012 that includes casino liberalization and aims to elevate the Japanese economy from the stagnation it has experienced since the 1990s.<\/p>\n

It also represents continuity for the largely unpopular casino liberalization process, which was put on hol<\/a>d in the run up to the elections.<\/p>\n

\n

Observers speculated that the government had mothballed plans to create administrative body to oversee the process, as well the necessary \u201cbasic policy\u201d — a framework of regulation for the impending casino market — until after the elections, fearing it would be hurt at the ballot box.<\/p>\n<\/div>\n

Those opposed to casinos have consistently outnumbered those in favor by 2:1 in polls. One survey, conducted in Japan\u2019s second biggest city, Yokohama, found that a staggering 94 percent of respondents had a negative viewpoint on the idea of a casino in their city.<\/p>\n

The international operators lining up in the hope of winning a piece of what may quickly become the world\u2019s second biggest casino market may applaud the election result, but the delay that the elections have caused is not good news for Japan\u2019s third biggest city, Osaka.<\/p>\n

Osaka for the Win<\/strong><\/h2>\n

Osaka is by far the most enthusiastic of Japan\u2019s major cities to host a casino resort. Last year, it won the bid to stage the World Expo in 2025, which it expects will attract 28 million visitors from home and abroad, generating an estimated $17.6 billion for the local economy. But it wants to have a spectacular integrated resort up and running in time so it can capitalize on the tourism boost.<\/p>\n

Many major operators, such as MGM Resorts and LVS, see Osaka as the most attractive option for a future resort, and competition to court the city is fierce.<\/p>\n

MGM Resorts CEO Jim Murren told Nikkei Asian Review<\/em>\u00a0in March that Osaka\u2019s 2025 deadline was \u201cincredibly tough but not impossible.\u201d<\/p>\n

Now, with another term secured, the LDP\/Komeito policymakers must press on with the groundwork, or Osaka\u2019s vision for the World Fair will become even more difficult to realize.<\/p>\n","protected":false},"excerpt":{"rendered":"

Japanese leader Shinzo Abe declared victory for the pro-casino ruling LDP\/Komeito coalition on Sunday, having secured a majority in upper house elections that should see him become the country\u2019s longest-serving prime minister ever, despite being beset by corruption scandals over the past two years. Abe\u2019s LDP won 71 of the 124 seats up for grabs […]<\/p>\n","protected":false},"author":36,"featured_media":109924,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[61,13592],"tags":[],"acf":[],"yoast_head":"\nPro-Casino Ruling Coalition Wins New Term in Japanese Elections<\/title>\n<meta name=\"description\" content=\"Japanese Prime Minister Shinzo Abe wins a new term but elections have delayed the casino administration process and time is running out for Osaka.\" \/>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pro-Casino Ruling Coalition Wins New Term in Japanese Elections\" \/>\n<meta property=\"og:description\" content=\"Japanese Prime Minister Shinzo Abe wins a new term but elections have delayed the casino administration process and time is running out for Osaka.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.casino.org\/news\/pro-casino-ruling-coalition-wins-new-term-in-japanese-elections\/\" \/>\n<meta property=\"og:site_name\" content=\"Casino.org\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Casino.OrgNews\" \/>\n<meta property=\"article:published_time\" content=\"2019-07-22T22:29:25+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-07-23T00:17:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2019\/07\/shinzo.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"2048\" \/>\n\t<meta property=\"og:image:height\" content=\"1536\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Philip Conneller\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@casinoorgphilc\" \/>\n<meta name=\"twitter:site\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Philip Conneller\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.casino.org\/news\/pro-casino-ruling-coalition-wins-new-term-in-japanese-elections\/\",\"url\":\"https:\/\/www.casino.org\/news\/pro-casino-ruling-coalition-wins-new-term-in-japanese-elections\/\",\"name\":\"Pro-Casino Ruling Coalition Wins New Term in Japanese Elections\",\"isPartOf\":{\"@id\":\"https:\/\/www.casino.org\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.casino.org\/news\/pro-casino-ruling-coalition-wins-new-term-in-japanese-elections\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.casino.org\/news\/pro-casino-ruling-coalition-wins-new-term-in-japanese-elections\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2019\/07\/shinzo.jpeg\",\"datePublished\":\"2019-07-22T22:29:25+00:00\",\"dateModified\":\"2019-07-23T00:17:42+00:00\",\"author\":{\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/58769b72851c8cf117fb58ca150ebf8b\"},\"description\":\"Japanese Prime Minister Shinzo Abe wins a new term but elections have delayed the casino administration process and time is running out for Osaka.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.casino.org\/news\/pro-casino-ruling-coalition-wins-new-term-in-japanese-elections\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.casino.org\/news\/pro-casino-ruling-coalition-wins-new-term-in-japanese-elections\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/pro-casino-ruling-coalition-wins-new-term-in-japanese-elections\/#primaryimage\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2019\/07\/shinzo.jpeg\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2019\/07\/shinzo.jpeg\",\"width\":2048,\"height\":1536,\"caption\":\"Japan\u2019s upper house elections were a victory, of sorts, for Shinzo Abe (center) and his \u201cAbenomic\u201d economic plan, of which a liberalized casino market has long been a part. 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