Casinos are one of the best ways to enjoy gambling legally. With the advent of online casinos, this has expanded to literally EVERYWHERE. No matter where you are, you can now enjoy the benefits of gambling without visiting the smoke-filled rooms of actual casinos. Moreover, most online casinos now even offer free casino money no deposit required, meaning that you do not have to worry about investing a high capital for enjoying gambling either. Casinos are expected to see an even greater boom in operations since a lot of the major powers are joining the casino world as well.
A primary example of the casino business boom is expected to be provided by Japan, which had till now closed its doors to legal casinos. Japan is finally gearing up to open its doors to casinos operating on its shores through a new bill being proposed. Major positive activity was seen in the casino world as a result of this news, including a rise in Las Vegas sands shares by 3% while Wynn Resorts and MGM Resorts both saw a 2% rise in share value.
The legalisation of gambling through casinos have been a topic of controversy for a very long time in Japan. While there has been widespread criticism of the move by a section of the Japanese people, most of the population, including members of the current ruling party, the Liberal Democratic Party (LDP) have been quite vocal in support of the bill being passed. Supporters include the current prime minister, Shinzo Abe, who has been quite vocal about the fact that casinos can help the nation’s faltering economy, attract a lot of foreign investors and actually help support tourism once the 2020 Tokyo Olympics is over. This is all the more so since casinos mean newer hotels, shopping and other investment options.
What can we expect because of this? Well, for starters, expect some heavy competition and sweeter deals to emerge in the current gambling circuit worldwide. Better prize pools, newer games and a whole lot of extra option for cash. While the bill will not immediately allow for casinos to be opened, it will pave the way for the development of industry plans and regulations for tapping into a virtually unlimited potential for excitement still left in one corner of the developed world.
Expect newer online casinos to pop up, based in Japan, as well as these, will be one of the most lucrative ways to get the game going (quite literally). Experts have predicted that given the status of Japan’s wealthy population as well as its proximity to China can even make it a direct competitor to rival the European and the American gambling powerhouses of Macau and Las Vegas.
Whatever the result may be, we are not complaining. After all, with better deals for online casinos, newer opportunities will arise and we get to try our hands at something new!