Japan's Cabinet Approves Regulations for Gambling Resorts

  • Public concern over gaming has slowed casino plans in Japan
  • Rules define required size of hotels and convention centers
Lock
This article is for subscribers only.

Japanese Prime Minister Shinzo Abe’s cabinet approved regulations for gambling resorts, the first of which could open in Osaka as soon as 2024 and provide a new source of tax revenue.

Japan legalized casinos in 2016 and passed another bill in 2018Bloomberg Terminal that laid out a roadmap for gaming. The goal was to have the first casino open by the time Tokyo hosted the 2020 Summer Olympics, but wrangling over regulations and public concern over compulsive gambling has pushed back the plans.