JAPANESE CASINOS ARE A POSSIBILITY THROUGH THE OLYMPIC YEAR­­­­­

JAPANESE CASINOS ARE A POSSIBILITY THROUGH THE OLYMPIC YEAR­­­­­

Japan looks into Macau and the US in the gambling hierarchy, as proposed legislation to legalize gambling in the country is successful. If the Japanese government goes on with the legalization process, the first casino resort can be open by 2020; In the time for the land hosting of the Olympic Games that year.
An eye on a piece of the $ 40 Million Pie ­­­In the US dollar-rich gaming world, there is already interest in Japan's outlook. Neil Bluhm, the owner of casinos in Niagara Falls, Chicago and Pennsylvania, keeps an eye on the city of Osaka as a potential location for casino real estate. Osaka is a sister city of one of its American casino bases, Chicago. Bluhm believes that officials in the city would have a more relaxed approach to the proposals than those in Japan's capital Tokyo.

This is not an opinion shared by US casino investor Sheldon Adelson who has already said he will invest $ 10 billion in the Japanese casino market. He has focused his sights in Tokyo. It is easy to see why the Japanese capital is the largest metropolitan economy in the world with a bounty of 2.91 trillion dollars. It is also an important center of recreation and dining with more Michelin stars than any other city worldwide. It seems to be the perfect setting for a casino resort.
Will the Olympic Games decide the race?

Adelson is the CEO of Las Vegas Sands Corp and the company believes in the validity of Tokyo as its location.

However, there are considerations for Osaka. Officials in the city want to attract foreign investment, creating local jobs. They also indicated that the amount of available land for the resort is three times greater than that of the two casinos in Singapore. It is also likely that Macau's competition will be limited in the area, because they think their preference for Tokyo would be.

The main problem that Tokyo's role in the possible casino revolution can hinder is the 2020 Olympics. Officials in the city are planning the event and their attention will likely be implemented. Casino resort investment will not be their first priority if the eyes of the whole world will be in the Olympic Games. 
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