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Japan approves country's first legal casino

Japan approves country's first legal casino

13 Sept 07:09 Key points summarised by AI
  • Japan's government has approved Osaka's plan to build the country's first legal casino as part of an "integrated resort" (IR), aiming to boost tourism by 2029.
  • The Osaka IR, a consortium led by MGM Resorts International and Orix, is projected to generate 1.14 trillion yen ($8.6 billion) annually, create 15,000 jobs, and attract 20 million visitors.
  • Despite concerns over potential gambling addiction, the IR law includes strict safeguards for Japanese citizens, such as a 6,000 yen entry fee, visit caps, and the ability for family members to request a ban for relatives.
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