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Both MGM Resorts International and Wynn Resorts have said that they’re looking to boost their profiles in the country, as part of a wider plan to up their share of the highly lucrative Asian gambling market. Pachinko to cash in or crash outIrrespective of the uncertainty, a number of major industry names outside of Japan have made their support known, and many intend to fund the casino rush should the legislation come to pass. Beginning with Shintaro Ishihara’s tenure as Governor of Tokyo in the late 1990s and spanning a 10-year-plus period of whirlwind discussion, the casino legislation is as much a part of the political landscape as the issue of unemployment or tax itself.
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- “The bigger pachinko operators seem to favour casino legalisation, as they feel recognition of pachinko as a casino operation would follow,” according to Ellsworth.
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