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Osaka to team up with MGM Resorts-led group to bid for casino resort

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Japan is willing to become a Chinese-ridden place of gambling houses even if its elites and people hate China so much. Oh, the hypocrisy! Can't resist the Chinese money!

https://asia.nikkei.com/Opinion/China-shows-why-Asia-s-casino-bubble-was-always-doomed

The ultimate side effect, if gambling is legalized across Japan, will be catastrophic for Japanese citizens. Panchinko addiction has already infested within Japan for years, and the legalization of gambling will multiply the ills by thousands of times.

5 ( +14 / -9 )

I don't think this will succeed.

The commonality between Macau and Las Vegas is that both offer more to do than gambling such as massive water parks, world class buffets, magicians, circus, concerts, and conventions. A single casino complex won't do it to attract vacationers and families.

There are hundreds of casinos across the US but none beats Las Vegas. Why? Because they offer nothing other than gambling. The only other place that offer more than gambling is Atlantic City with its beaches, but it's seasonal and can't sustain the city off-season.

-4 ( +5 / -9 )

The Osaka casino resort is expected to attract about 20.5 million domestic and foreign visitors a year

close to 55,000 people a day.... 「(°ヘ°)

0 ( +5 / -5 )

I've never been to Las Vegas, but went to Macau once. The area where the casinos are, glittering and glamorous, once you go out of that area, it's slums after slums after slums. I hope I'm wrong, but Osaka known for its slums and Japan for gambling addictions, it's just gonna get worse after this.

5 ( +8 / -3 )

Nice, the poker scene in Japan is thriving, but the tournaments are held in a manner whereby players win "prizes" such as trips to abide by the laws. It'll be good to be able to play some poker directly for cash.

-5 ( +0 / -5 )

The ultimate side effect, if gambling is legalized across Japan, will be catastrophic for Japanese citizens.

Gambling is legal across Japan. Horse racing in Japan is huge, the biggest in the world in terms of money. Motor Boat racing, Keirin, Motorbike racing. And "quasi" gambling - Pachinko, which everyone knows, despite the loopholes, in practical terms is gambling for cash.

All these people claiming Casinos should be banned, that Japanese people will all become addicted, are patronizing to the vast majority of Japanese, who have no gambling problems.

Do you ban the sale of alcohol because 2% of people have problems with it?

0 ( +4 / -4 )

Good good. We need casinos.

Who needs more hospitals and nursery schools in Japan?

-2 ( +2 / -4 )

If this ca$ino plan goes ahead, the only winners in Osaka will be the divorce lawyers. Think the ace of spades is going to cover your alimony? Think again!

3 ( +6 / -3 )

The casino-project is again to be taken as a token as to how much the Japanese public is being taken for fools.

Initially sold (but rejected by the public) as a let's-target-and-fleece-rich-visitors-from-abroad as a part of the targeted tourism-boom, the narrative veeeeeery quickly changed to: how are we going to get as many Japanese visitors whatever their income into the casinos and discussions about asking for an entry-fee which was to prevent people (with addictions) from repeatedly go but was not to be too high to deter people (in general and whatever their income) to go or introduce an entry-check with MyNumber barring repeat (Japanese) visitors. Frankly, at one point I even wondered if foreigners were even a target-group anymore...

Also touted as a project generating local jobs, but ultimately what kind of jobs? Japan has no "official" training, culture or facilities to train staff at the gaming tables, security, management, etc of such places (let's forget about the average lackluster foreign language skills required to target foreign visitors). Essentially, the key casino staff would need to be "imported", leaving only run-of-the-mill lower jobs (e.g. room-maid, waiter, cook, etc) to the locals. In a nutshell: foreign staff make a killing as expats while locals get arubaito/haken-jobs.

Not even mentioning the gambling addiction problem (with an estimated 5 Mio addicts) which the J-gov doesn't give a fig about.

Essentially, successive governments have been nibbling at the gambling ban for decades. Yes, gambling is prohibited but "exceptions" are piling up as mentioned above: keirin, motor boats, motor bikes and horse races, pachinko (albeit for that one playing for money remains illegal, ha!). Add kids playing in game centers for "medals" or at medal-slot-machines. TBH, each time a fuss is made because some idiot gambled on baseball or sumo or a roulette / poker den in an apartment is uncovered one can only laugh at the hypocrisy of it all...Frankly, it looks more like the "problem" in these cases being that somebody didn't get a "cut" from that sort of activity that got busted than anything else.

Still, and with the possible exception of an implementation in Osaka, I believe the whole project to be doomed. Many reasons for this:

.a constant and strong opposition of the public (yeah, I know, the J-gov doesn't give a damn, I know)

.an aging and shrinking national market (i.e. if pension pay-outs are lousy, there is not very much for gamblers to put on a table to start with, is there)

.Japanese language-barrier for foreign (experienced) casino-staff vs no potential experienced candidates to be hired here

.COVID which impacted and will still impact international travel when it comes to visitors from out of Japan

.the whole idea of having people come to Japan to gamble with so many locations closer to home or for people coming for tourism to Japan to go lock themselves up in casino

.the costs to implement / build in Japan is far superior than in the rest of Asia

.some of the locations out in the savage wasteland of the Japanese inaka were a complete non-starter to foreign companies (which were looking at Tokyo, Yokohama, Osaka, anywhere close to Kyoto and possibly Okinawa/Hokkaido)

.Japan being far behind when is comes to money laundering regulations / laws which would be a big problem to companies with ties / HQs in countries with a strong regulatory framework and to which "issues" would ultimately roll up with the HQ being the one fined

There were more operators at the beginning of the whole affair a few years ago than there are left now. The fact that the application period got delayed also makes one feel like the whole thing has just be unraveling since it started.

3 ( +6 / -3 )

In my hometown of KC, we adopted "river boat gambling" in the mid 90s (sadly the boats never left the peer...).

Initially every casino in the known world rushed to town as did hoards of tourists from other mid-western states. I myself went a few times playing at the cheap blackjack table and leaving once my $100 was gone.

After a while the glitz wore off and I noticed a lot of the entrants going bust (much like their customers only not in a good way), and also a more steady kind of customer: The blue collar worker (usually still in his/her work shirt) with several empty bottles lined up in front at an early hour, feeding token after token into the slots with a thousand yard stare fixed to their face.

We ended up with a whole lot of gambling addicts and none of the touted economic benefits.

Anyway, IF Osaka is going to do this, keep a certain someone with a history of taking a virtually guaranteed money maker and driving it straight into the ground at arms-length at all times.

5 ( +7 / -2 )

already all kinds of gambling available, might as well go ahead and let the government officially get their "cut" of it.

3 ( +4 / -1 )

Best news of today. For most of us the only way to find the exit door into life and wealth. Some will be lucky and make it, many others not. But without the casinos, no one will.

-3 ( +2 / -5 )

Yokohama, near Tokyo and the second-largest city in Japan by population, withdrew its bid due to local concerns about gambling addiction and the deterioration of public safety.

Osaka hadn’t concerns about the same?

More crime and an addictive hobby like gambling is the way forward?

2 ( +4 / -2 )

If it means less pachinko, then go for it!

1 ( +2 / -1 )

Donald specifically asked Abé for this when he was over here.

2 ( +3 / -1 )

The YAKS can't wait to get in on this business! They have to be sharpening their knives!

-1 ( +0 / -1 )

Japan is willing to become a Chinese-ridden place of gambling houses even if its elites and people hate China so much. Oh, the hypocrisy! Can't resist the Chinese money!

Would you be so kind please as to tell us which of the several investors in this project are Chinese? I see Japanese, US, Canadian and an Austrian company involved. I do not see any Chinese involvement but perhaps I missed something?

0 ( +1 / -1 )

Wanting to ban everyone from doing something, because a minority get themselves into a mess with it, was the argument behind prohibition. It didn't work particularly well and proved to be unpopular. Yet it still keeps getting rolled out for everything from casinos to social media.

The casinos will make little difference to the gambling of ordinary Japanese people. Gambling addicts are already able to ruin their lives with limited legal gambling, the lottery, gaming arcades and the underground casinos of the Yaks. You could ban all gambling and addicts would still find a way. It is the nature of addiction.

If you have a gambling problem (cupcake problem, alcohol problem or drug problem): nobody is forcing you to do it. Get help to stop or grow a pair and go cold turkey before you destroy your life and break up your family. Rich people play with money like kids with Lego bricks. If you are not rich, gambling is a mug's game and best avoided.

Post-Covid the complexes will probably lose the conference facilities and slim down to a posh hotel with a few luxury franchise stores, a casino, a gym, an onsen on the roof and a limo to the airport. There will be jobs for the locals, as there are at all hotels in Japan (or were, before Covid). It's an extra income stream for cities that are running low on funds. Nobody wants to be the next Kyoto.

Xi taking down Macau means that the disgustingly rich will be looking for a new playground to lose some of their ill gotten gains in. Japanese cities may as well claim some of that to pay for public services.

1 ( +1 / -0 )

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