|Above, slot machines at Caesar's Palace in Las Vegas. Photo by Armand Vaquer.|
American casino and gambling equipment companies are salivating at the prospect of big sales now that Japan has opened the door to casino gaming.
According to the Wall Street Journal:
TOKYO—U.S.-based casino companies are eager to grab a foothold in Japan, one of the world’s largest gambling nations, after parliament early Thursday passed a law ordering the government to prepare for the nation’s first casino resorts.
The law gives Prime Minister Shinzo Abe’s government a year to develop specific plans on issues such as licensing operators and preventing gambling addicts from using casinos. The law doesn’t by itself legalize casinos, but proponents say they hope to pass further legislation in coming years that would enable the first casino to open in the early 2020s.To read more, go here.