Japan could be the gaming industry's next frontier

[thegenius1]

Japan Seen as Gaming Prospect
7 June 2006

by Rod Smith

Las Vegas Gaming Wire

JAPAN AND LAS VEGAS, Nevada -- Japan could be the gaming industry's next frontier now that many development opportunities around the world are spoken for, a recent Deutsche Bank study found.

With the most slot-machinelike gaming devices of any country in the world, Japan is a huge and growing market. Brian Gordon, a partner in the Las Vegas-based financial consulting company Applied Analysis, said Japan has to be seen as a huge opportunity if only because of the size of the market and turnover in slotlike gaming devices.

Already, there are 5 million devices in Japan, compared with 830,000 in the United States, 240,000 in Russia and 200,000 in Australia, a recent Deutsche Bank study of Japan found.

That includes 1.9 million pachislot machines, devices that look like slots, but that involve some skill to play and pay off in prizes that can be converted to cash off-property.

It also includes 3.1 million pachinko machines, pinball-like machines that also pay off in prizes that are converted to cash off-property.


http://www.casinocitytimes.com/news/article.cfm?contentId=158883

 

[Brndnjng]

They technically don't have gambling in Japan though...

There pretty much just adult chucke cheeses! =)

 

[thegenius1]

Japan to Legalize Casino to Promote Tourism
27 February 2006

TOKYO, Japan -- As reported by Xinhua: "Japanese ruling Liberal Democratic Party is to formulate a basic policy around June to legalize casinos in the country with the aim of attracting more foreign tourists, local reports said on Saturday.

"A member of a subcommittee on casinos launched under the LDP's special committee on tourism said the party should expedite discussions as Japan should lift its ban on gambling parlors after Singapore did so in April last year and as Thailand is studying tofollow suit, Kyodo News said.

"According to the subcommittee member, facts prove that casinos are big attractions for foreign tourists in many countries that have legalized them and help to boost the economy and international competition..."

http://www.casinocity.com/jp/casinos.html

 

[Rubber Duck]

"According to the subcommittee member, facts prove that casinos are big attractions for foreign tourists in many countries that have legalized them and help to boost the economy and international competition..."

http://www.casinocity.com/jp/casinos.html

It also helps prominent politicians get massive backhanders. (No insinuation that our own Mr Prescott is in anyway implicated is intended)