The temperature surrounding the long-running debate on legalising casinos in Japan seems to be rising, as high ranking politicians, analysts and leading corporations place their bets on the chances of a major shift towards new legislation. And with the latest indicators pointing to a more favourable outcome, November’s MGS Summit finds itself perfectly positioned as the prime place for discussion on the prospects of a new gaming market in the global arena.
This year’s MGS Summit provides a key opportunity for the international industry and leading experts to address the opportunities for the Japanese sector as it builds towards potential gaming deregulation. With Japan’s Integrated Resorts bill gaining new momentum, the summit will convene a specialist panel dedicated to the issue of the Japanese market and casino legislation, providing an opportunity for close inspection of the options for legislative change.
For the first time in recent years, there is a real possibility that casino legislation in Japan will finally be about to change and the world is watching with great interest.
The session will feature unique insights from Toru Mihara, director of the centre for amusement industries studies at Osaka University, who will discuss the figures and prospects of casino resorts in the region as well as who will benefit from the proposed market. The summit panel will also probe into the possibilities and pitfalls for casinos in Japan, why the country has been so reluctant to drive change in recent years and what Japan will bring to the global casino industry.
Explaining the framework of the Japanese session at this year’s MGS Summit, Toru Mihara, summit co-ordinator, said: “For the first time in recent years, there is a real possibility that casino legislation in Japan will finally be about to change and the world is watching with great interest. The MGS Summit delivers one of the most radical and provocative forums for debate on emerging markets in the Asia-Pacific region and this session is no exception.
“Toru Mihara and the panel will discuss the potential changes and provide fresh insight into whether the country has been hindered by its reluctance to bring in legislation, how the casino legislation could benefit Japanese industries and the potential impact such changes in Japan will have on the manufacturing and operational sectors of the industry.”
