Japan keeps casino world waiting

Local election that began Sunday mark the latest milestone that could trigger a decision on Japan’s casino license applications. The current legalization push has gone on for a decade, with two applications from Osaka and Nagasaki submitted last April for three available licenses.

So far, there’s been no indication of when the national government evaluation process will finish. Sources in Japan expect decisions will be announced in months, if not weeks, with the strong possibility of a new round of bidding for unawarded license(s) to follow the decision. But the smart money likely would have said the same thing a year ago.

Former US diplomat and broadcast news producer Muhammad Cohen is Asia editor at large for Gaming Business, a longtime contributor to Forbes, columnist for Asia Times and author of Hong Kong On Air, a novel set in his adopted hometown during the 1997 handover about TV news, love, betrayal, high finance, and cheap lingerie. See his bio, archive and more at www.muhammadcohen.com; follow him on Facebook, Twitter @MuhammadCohen and LinkedIn.


Tags: , , , , , , , ,

%d bloggers like this: