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Japanese Casinos
Japanese people love gambling and all kinds of games of
chance, and although Japan casinos are not plentiful due to governmental
regulation, gambling is very popular with Japanese and foreigners alike. The
Japanese have a long history of gambling, often involving traditional games
that are not known outside its borders, and furthermore, they love to bet on
sporting events such as horseracing and baseball. Consequently, current
political moves to liberalize the Japan casino industry are likely to place
Japan at the forefront of the Asian gambling market.
One of the most popular games of chance in Japan is called pachinko, a game
like pinball, which is played by millions of Japanese in "pachinko parlors"
all through the country. Pachinko machines offer lucky winners the chance to
exchange their tokens for goods or money on the premises, and trillions of
yen are spent every year on this most popular of pastimes. Indeed, it is
estimated that more money is generated by this game than several of Japan's
top car manufacturers combined.
Due to tight government legislation prohibiting casinos as such, Japan
casinos are currently obliged to operate online, an industry which is fast
growing into one of Asia's biggest, and also on cruise ships and boats
operating in international waters, thus circumventing the restrictions on
land-based gambling. There are moves afoot to change the rules on gambling
to allow Japan casinos to be established throughout the country, offering
not just basic gambling facilities, but also operating as entertainment and
retail malls in their own right. This will generate extra revenue and
provide customers with a more satisfying leisure experience. Furthermore,
many proponents of casino reform in Japan feel that liberalizing the rules
on gambling would make the country even more attractive to tourists,
especially considering the number of casinos operating in other countries in
the Far East.
In addition to traditional forms of gambling, Japanese people love to wager
on sporting events, and in particular on horse racing; big races can
regularly attract huge crowds, sometimes in excess of 100,000. The Japanese
also gamble on cycling and other sports such as soccer, and in addition,
there is a government lottery that offers maximum prizes of around a billion
yen. Consequently, there is already a thriving gambling scene in Japan, and
with the anticipated changes in the rules, it is surely not long before
Japan casinos find themselves at the forefront of the Asian gambling
industry.
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