Stakes Are High for Japanese Casinos<\/strong><\/h2>\nA new leader could bring to a new political direction for the country and a move away from the economic growth strategies of \u201cAbenomics,\u201d which includes casino liberalization.<\/p>\n
If Abe stays on, the scandal risks harming his party\u2019s dominance of the upper house, which holds elections next year, and that would make the casino bill a much heavier lift in 2019, if it isn\u2019t passed this year.<\/p>\n
That\u2019s why the bill\u2019s supporters are so eager to get job done now, while its opponents realize delaying tactics are their only option.<\/p>\n
The likelihood, however, is that the bill will be passed within the next 32 days, which would mean Japan\u2019s first integrated resorts are likely to open in the mid-2020s.<\/p>\n
A poll conducted over the weekend by Kyodo News found that about 69 percent of Japanese think it is unnecessary to pass the bill in the current Diet session. The public have consistently come out against casinos in polls going back several years by a roughly 2:1 ratio.<\/p>\n","protected":false},"excerpt":{"rendered":"
The odds of Japanese casinos becoming a legal reality this year have narrowed after members of the ruling coalition agreed an extension to the current legislative session, which was due to end today, Wednesday, 20 June. The Integrated Resorts (IR) Implementation Bill was approved by the lower chamber on Tuesday amid heckles from opponents. Japan\u2019s […]<\/p>\n","protected":false},"author":36,"featured_media":81277,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[13,18,61],"tags":[],"acf":[],"yoast_head":"\n
Japanese Diet Gets 32-Day Extension to Legalize Integrated Resorts<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n