{"id":216216,"date":"2022-06-07T08:07:26","date_gmt":"2022-06-07T15:07:26","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=216216"},"modified":"2022-06-07T12:44:56","modified_gmt":"2022-06-07T19:44:56","slug":"japan-reportedly-considering-sports-betting-expansion","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/japan-reportedly-considering-sports-betting-expansion\/","title":{"rendered":"Japan Considers Liberalizing Sports Wagering"},"content":{"rendered":"

In a bid to generate more sports-related revenue, Japanese policymakers are reportedly mulling expansion of regulated sports betting. But experts believe the move will face heavy opposition.<\/p>\n

\"Japan
The Yomiuri Giants of Japan’s professional baseball league. It’s rumored the country is considering sports betting expansion. (Image: The Japan Times<\/em>)<\/figcaption><\/figure>\n

The Economy, Trade and Industry Ministry has a draft proposal to ease restrictions on sports wagering in Japan. But industry minister Koichi Hagiuda claims the proposal isn\u2019t imminent, reports The Yomiuri Shimbun.<\/em><\/p>\n

\n

The media outlet adds Japan\u2019s Sports Development Council could meet for the first time in five years next month, potentially setting the stage for more discussion on the sports wagering issue. The council previously set a goal of more than doubling sports revenue in Japan to more than $11 billion by 2025.<\/p>\n<\/div>\n

Currently, Japan is the only Group of Seven nation that imposes broad restrictions on sports wagering. But the activity isn\u2019t banned outright in the country. It is, however, confined to cycling, horse racing, and motorboat and motorcycle racing.<\/p>\n

Japan Could Tantalize\u2026and Disappoint<\/h2>\n

Speculation about broader sports betting in Japan surfaced in April 2021, when various reports<\/a> indicated the Nippon Professional League and broader betting on J-League soccer could debut as soon as 2024, potentially opening the door to what some experts believe could be a $65 billion sports wagering market.<\/p>\n

Betting on the J-League is currently permitted under a lottery-style system known as \u201cToto.\u201d But that\u2019s far different than traditional single-game wagering<\/a>. Japan also has an eight-team professional basketball association \u2014 the Japan Basketball League. The aforementioned Nippon Professional League is widely regarded as the world\u2019s most competitive baseball league after Major League Baseball (MLB).<\/p>\n

However, baseball could be the sticking point in advancing sports wagering in the world\u2019s third-largest economy. Owing to concerns about match-fixing, betting is banned under the Professional Baseball Agreement, and the Nippon Professional League doesn\u2019t participate in the Toto system.<\/strong><\/p>\n

The Yomiuri Shimbun<\/em> reports some experts are voicing concern more regulated betting would lead to a proliferation of in-game wagering<\/a>, potentially paving the way for match-fixing and problem betting.<\/p>\n

Then there\u2019s the matter of Japan\u2019s overall reluctance to embrace gaming. Several years ago, it appeared as though the country could be the next big integrated resort in Asia. Today, only Nagasaki and Osaka<\/a> compete for casino resorts, and opposition to those efforts is growing in both cities.<\/p>\n

Familiar Refrains<\/h2>\n

Proponents of expanding sports wagering in Japan use arguments familiar to Americans, including the point that Japanese bettors are wagering on foreign sports in black or grey markets, meaning money is leaving the country. That\u2019s similar to the debate in various US states, where politicians often say residents are going to neighboring areas where sports betting is legal to place bets.<\/p>\n

Additionally, sports betting backers in Japan say funds from the activity could be used to support junior high sports clubs. That idea doesn\u2019t sit well with some officials that don\u2019t like the optics of betting supporting school-related programs.<\/p>\n","protected":false},"excerpt":{"rendered":"

In a bid to generate more sports-related revenue, Japanese policymakers are reportedly mulling expansion of regulated sports betting. But experts believe the move will face heavy opposition. The Economy, Trade and Industry Ministry has a draft proposal to ease restrictions on sports wagering in Japan. But industry minister Koichi Hagiuda claims the proposal isn\u2019t imminent, […]<\/p>\n","protected":false},"author":46,"featured_media":216217,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[69069,1074],"tags":[],"acf":[],"yoast_head":"\nJapan Reportedly Considering Sports Betting Expansion<\/title>\n<meta name=\"description\" content=\"Japan sports betting rumors are perking up, but idea faces opposition.\" \/>\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=\"Japan Reportedly Considering Sports Betting Expansion\" \/>\n<meta property=\"og:description\" content=\"Japan sports betting rumors are perking up, but idea faces opposition.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.casino.org\/news\/japan-reportedly-considering-sports-betting-expansion\/\" \/>\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=\"2022-06-07T15:07:26+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-06-07T19:44:56+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/06\/japanbaseball.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"2000\" \/>\n\t<meta property=\"og:image:height\" content=\"1317\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Todd Shriber\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@etfgodfather\" \/>\n<meta name=\"twitter:site\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Todd Shriber\" \/>\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\/japan-reportedly-considering-sports-betting-expansion\/\",\"url\":\"https:\/\/www.casino.org\/news\/japan-reportedly-considering-sports-betting-expansion\/\",\"name\":\"Japan Reportedly Considering Sports Betting Expansion\",\"isPartOf\":{\"@id\":\"https:\/\/www.casino.org\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.casino.org\/news\/japan-reportedly-considering-sports-betting-expansion\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.casino.org\/news\/japan-reportedly-considering-sports-betting-expansion\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/06\/japanbaseball.jpeg\",\"datePublished\":\"2022-06-07T15:07:26+00:00\",\"dateModified\":\"2022-06-07T19:44:56+00:00\",\"author\":{\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/f4cecf70a5032bc4e60eb73fc86d4a85\"},\"description\":\"Japan sports betting rumors are perking up, but idea faces opposition.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.casino.org\/news\/japan-reportedly-considering-sports-betting-expansion\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.casino.org\/news\/japan-reportedly-considering-sports-betting-expansion\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/japan-reportedly-considering-sports-betting-expansion\/#primaryimage\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/06\/japanbaseball.jpeg\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/06\/japanbaseball.jpeg\",\"width\":2000,\"height\":1317,\"caption\":\"The Yomiuri Giants of Japan's professional baseball league. It's rumored the country is considering sports betting expansion. (Image: The Japan Times)\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.casino.org\/news\/japan-reportedly-considering-sports-betting-expansion\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"News\",\"item\":\"https:\/\/www.casino.org\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Asia Pacific Gaming\",\"item\":\"https:\/\/www.casino.org\/news\/asia-pacific-gaming\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Japan Considers Liberalizing Sports Wagering\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.casino.org\/news\/#website\",\"url\":\"https:\/\/www.casino.org\/news\/\",\"name\":\"Casino.org\",\"description\":\"Latest Casino and Gaming News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.casino.org\/news\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/f4cecf70a5032bc4e60eb73fc86d4a85\",\"name\":\"Todd Shriber\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-11-96x96.png\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-11-96x96.png\",\"caption\":\"Todd Shriber\"},\"description\":\"Todd Shriber is a senior news reporter covering gaming financials, casino business, stocks, and mergers and acquisitions for Casino.org. Todd got his start in financial markets as a reporter with Bloomberg News. Later, he became a trader at a Southern California-based long\/short hedge fund, where he specialized in the trading sector and international ETFs leading up to and during the financial crisis. He joined Casino.org in 2019. Currently, Todd analyzes, researches, and writes on ETFs for various web-based publications and financial services firms. Shriber has been featured and quoted in Barron's, CNBC.com, and The Wall Street Journal. His work can also be found on Benzinga, ETF Daily News, ETF Trends, MarketWatch, Fox Business, and Nasdaq.com. He currently resides in Las Vegas, where he enjoys golf and taking his black lab to the dog park. He's also an avid sports fan and likes to wager on college football and the NBA. You can also find him at the three-card poker and roulette table, even though he knows better. Contact Todd at todd.shriber@casino.org.\",\"sameAs\":[\"https:\/\/muckrack.com\/todd-shriber\",\"https:\/\/www.linkedin.com\/in\/toddshriber\/\",\"https:\/\/x.com\/etfgodfather\"],\"url\":\"https:\/\/www.casino.org\/news\/author\/todd-shriber\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Japan Reportedly Considering Sports Betting Expansion","description":"Japan sports betting rumors are perking up, but idea faces opposition.","robots":{"index":"noindex","follow":"follow"},"og_locale":"en_US","og_type":"article","og_title":"Japan Reportedly Considering Sports Betting Expansion","og_description":"Japan sports betting rumors are perking up, but idea faces opposition.","og_url":"https:\/\/www.casino.org\/news\/japan-reportedly-considering-sports-betting-expansion\/","og_site_name":"Casino.org","article_publisher":"https:\/\/www.facebook.com\/Casino.OrgNews","article_published_time":"2022-06-07T15:07:26+00:00","article_modified_time":"2022-06-07T19:44:56+00:00","og_image":[{"width":2000,"height":1317,"url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/06\/japanbaseball.jpeg","type":"image\/jpeg"}],"author":"Todd Shriber","twitter_card":"summary_large_image","twitter_creator":"@etfgodfather","twitter_site":"@Casino_Org","twitter_misc":{"Written by":"Todd Shriber","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.casino.org\/news\/japan-reportedly-considering-sports-betting-expansion\/","url":"https:\/\/www.casino.org\/news\/japan-reportedly-considering-sports-betting-expansion\/","name":"Japan Reportedly Considering Sports Betting Expansion","isPartOf":{"@id":"https:\/\/www.casino.org\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.casino.org\/news\/japan-reportedly-considering-sports-betting-expansion\/#primaryimage"},"image":{"@id":"https:\/\/www.casino.org\/news\/japan-reportedly-considering-sports-betting-expansion\/#primaryimage"},"thumbnailUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/06\/japanbaseball.jpeg","datePublished":"2022-06-07T15:07:26+00:00","dateModified":"2022-06-07T19:44:56+00:00","author":{"@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/f4cecf70a5032bc4e60eb73fc86d4a85"},"description":"Japan sports betting rumors are perking up, but idea faces opposition.","breadcrumb":{"@id":"https:\/\/www.casino.org\/news\/japan-reportedly-considering-sports-betting-expansion\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.casino.org\/news\/japan-reportedly-considering-sports-betting-expansion\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.casino.org\/news\/japan-reportedly-considering-sports-betting-expansion\/#primaryimage","url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/06\/japanbaseball.jpeg","contentUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/06\/japanbaseball.jpeg","width":2000,"height":1317,"caption":"The Yomiuri Giants of Japan's professional baseball league. It's rumored the country is considering sports betting expansion. (Image: The Japan Times)"},{"@type":"BreadcrumbList","@id":"https:\/\/www.casino.org\/news\/japan-reportedly-considering-sports-betting-expansion\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"News","item":"https:\/\/www.casino.org\/news\/"},{"@type":"ListItem","position":2,"name":"Asia Pacific Gaming","item":"https:\/\/www.casino.org\/news\/asia-pacific-gaming\/"},{"@type":"ListItem","position":3,"name":"Japan Considers Liberalizing Sports Wagering"}]},{"@type":"WebSite","@id":"https:\/\/www.casino.org\/news\/#website","url":"https:\/\/www.casino.org\/news\/","name":"Casino.org","description":"Latest Casino and Gaming News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.casino.org\/news\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/f4cecf70a5032bc4e60eb73fc86d4a85","name":"Todd Shriber","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/image\/","url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-11-96x96.png","contentUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-11-96x96.png","caption":"Todd Shriber"},"description":"Todd Shriber is a senior news reporter covering gaming financials, casino business, stocks, and mergers and acquisitions for Casino.org. Todd got his start in financial markets as a reporter with Bloomberg News. Later, he became a trader at a Southern California-based long\/short hedge fund, where he specialized in the trading sector and international ETFs leading up to and during the financial crisis. He joined Casino.org in 2019. Currently, Todd analyzes, researches, and writes on ETFs for various web-based publications and financial services firms. Shriber has been featured and quoted in Barron's, CNBC.com, and The Wall Street Journal. His work can also be found on Benzinga, ETF Daily News, ETF Trends, MarketWatch, Fox Business, and Nasdaq.com. He currently resides in Las Vegas, where he enjoys golf and taking his black lab to the dog park. He's also an avid sports fan and likes to wager on college football and the NBA. You can also find him at the three-card poker and roulette table, even though he knows better. Contact Todd at todd.shriber@casino.org.","sameAs":["https:\/\/muckrack.com\/todd-shriber","https:\/\/www.linkedin.com\/in\/toddshriber\/","https:\/\/x.com\/etfgodfather"],"url":"https:\/\/www.casino.org\/news\/author\/todd-shriber\/"}]}},"_links":{"self":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts\/216216"}],"collection":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/users\/46"}],"replies":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/comments?post=216216"}],"version-history":[{"count":0,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts\/216216\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/media\/216217"}],"wp:attachment":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/media?parent=216216"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/categories?post=216216"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/tags?post=216216"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}