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Japan extends deadline for casino host city bids to April 2022

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Because pachinko addiction wasn’t bad enough, we need casinos. Makes perfect sense.

11 ( +15 / -4 )

It has authorised licenses for three resorts, and set a new April 28, 2022, deadline for bids and development plans from interested cities. Those that have expressed an interest include Yokohama, Tokyo, Osaka - Japan's three largest cities - as well as smaller cities including Nagasaki and Wakayama.

Only one or two venues suffice as the pandemic badly affects the whole IR strategy. Among these candidate cities I think that Osaka (its bay area) is most likely to succeed. It will host the 2015 Expo and is paying the way for IR project. Nagasaki (Sasebo) may be chosen as well.

0 ( +0 / -0 )

Good old gambling, the most virtuous of pastimes.

0 ( +3 / -3 )

Osaka is the best choice by far, but knowing Japan they'll put casinos in Aomori or Shimane just as an excuse to build new train lines and airports.

5 ( +5 / -0 )

Would love to have one of these out here in the sticks. We could use the major influx of money and people. The economy is dying out here.

1 ( +3 / -2 )

Two questions. Why did the Sands pull out, and what is the government's plan for organized crime?

5 ( +6 / -1 )

Why did the Sands pull out..."

Probably for several reasons, particularly uncertainty. Japan has yet to say what the tax rates will be. And one development in Japan would cost more than all of the developments in China.

China Japan

2 ( +3 / -1 )

comments won't accept brackets or some punctuation.

China is bigger then Japan

3 ( +4 / -1 )

It's unusual to extend a deadline for an apparantly profit making opportunity? Unless it's a dodgy investment and or the rules make it not worth the effort. Sands pulling out extension on the deadline the corruption already apparent would raise a HUGE red flag with any investors. Except dodgey investers? The whole thing smacks of government corruption.

1 ( +2 / -1 )

The best location for a new casino is a place which is already a tourist destination. In Japan, that means Kansai, perhaps near USJ. Okinawa might be a good choice, too.

That said, I'm very doubtful about most anywhere in Japan being the best choice in east Asia. Beach resorts in Thailand and the Philippines doubling as gambling/shopping meccas would seem to make more sense as the goal is to bring in outside money.

0 ( +0 / -0 )

Need more time to collect the fat envelopes.

5 ( +6 / -1 )

There isn’t hope for Japan when investing in gambling is the best the politicians can come up with....

5 ( +6 / -1 )

Isn't this sordid project tarnished beyond redemption?

4 ( +5 / -1 )

Speed - How are you able to survive out in the "sticks" if there economy is dying out there?

-1 ( +1 / -2 )

Nagasaki/Sasebo would be a boon to that area. Truthfully, this is just another way of increasing government tax revenues on the backs of tourists. When the working population continually shrinks and the retirement community explodes, something has to replace that tax revenue.

Most likely, a casino will be overrun with Chinese tourists...which makes it less attractive to the native Japanese population....which means less to worry about in terms of native gambling addiction.

I know the casino is not exactly popular here, but how else is Japan going to replace the tax revenue that is lost every time 2 Japanese retire (and stop paying taxes) and only 1 Japanese enters the workforce? I know it may not be a 2 to 1 ratio, but I think we can all agree that the # of Japanese new retirees/day is greater than the # of Japanese new workforce entrants/day.

1 ( +3 / -2 )

I don't agree with gambling.

I don't do it myself In my own life.

I do believe allowing Casino's would be a good thing for our economy, a positive thing for Japan.

More money will flow inside Japan as well, many rich people across the world will come and gamble.

Japan will become even more attractive, especially to those wealthy.

-5 ( +0 / -5 )

Japan needs this revenue now more than ever. The Economy already in awful shape has been set back three generations by the Covid 19 pandemic. Anything that brings in tax revenue in the future should be greeted with open arms.

-7 ( +0 / -7 )

dbsaiyaToday  08:19 am JST

Two questions. Why did the Sands pull out, and what is the government's plan for organized crime?

the government's plan for organized is probably to just keep organizing it..... (^_-)

2 ( +3 / -1 )

The whole thing smacks of government corruption.

Don't say...

0 ( +1 / -1 )

Isn't this sordid project tarnished beyond redemption?

Yes, just like the Olympics. That never stopped them here.

2 ( +3 / -1 )

We already know an LDP lawmaker was arrested for exploiting this project for his own pocket, then had the gall to try to bribe himself out of that...the continuance of this project sure to attract more scum and empower criminal syndicates. Good going Suga continuing on with the same old.

[ TOKYO (Kyodo) -- A Japanese lawmaker charged with bribery was rearrested Thursday by prosecutors for allegedly offering witnesses money to falsely testify in court in connection with a casino graft scandal.

In a rare development, Tsukasa Akimoto, a 48-year-old House of Representatives member, was rearrested while out on bail after being indicted for receiving 7.6 million yen ($72,000) worth of bribes from a Chinese gambling operator in 2017 and 2018 when he was in charge of Japan's move to legalize casino resorts.

Akimoto, who left the ruling Liberal Democratic Party shortly before his initial arrest in December, denied the latest allegation when he was reached by reporters before being rearrested.

He is suspected of asking a former adviser to the Chinese company 500.com Ltd., who had also been released on bail, to give false testimony in return for 30 million yen through his supporters in June and July, according to the prosecutors.

The prosecutors earlier this month arrested three of Akimoto's supporters and looked into his involvement.

One of the arrested supporters has admitted to conspiring with Akimoto, according to investigative sources, while Akimoto has said, "I'm not involved. I don't know why this happened." ]

https://mainichi.jp/english/articles/20200820/p2g/00m/0na/097000c

3 ( +4 / -1 )

Chinese businesspeople and crime syndicates are going to win bigly! They have been lobbying and bribing the Japanese LDP cronies to make sure that gambling will be legal in Japan. Now, they might finally be successful.

More money will flow inside Japan as well, many rich people across the world will come and gamble.

Japan will become even more attractive, especially to those wealthy.

The accurate demographics will be Chinese and Vietnamese, who are the most hardcore gamblers in the world. Just look at Las Vegas, it is always crawled with Chinese and Vietnamese Americans at weekends.

At the same time, it will be a magnet for crimes in Japan. Chinese and Vietnamese syndicates and black companies will dominate most of the Japanese gambling industry. As you can see what is happening in Cambodia, Chinese and Vietnamese casinos are everywhere, and their gambling revenues fly straight into the foreigners' pockets not the Cambodians. The same thing will repeat in Japan! Not to mention that Chinese shady businesspeople have bribed a prominent LDP figure, so their political influence over Japan may be greater than we thought.

Two questions. Why did the Sands pull out, and what is the government's plan for organized crime?

Americans do not have patience to wait Abe or Suga wrestling successfully against regional bureaucrats to get the gambling bill legalized. Secondly, they don't want to bribe the Japanese politicians every single year like the Chinese do - sort of tributary pay to the local politicians. Thirdly, they really hate the Japanese tax codes and rates. Having no hope to see Japanese tax rates dropping down soon.

In regard of organized crimes, Japan simply imports the Chinese triads and Vietnamese syndicates into their country. Yakuzas are now a bunch of toothless pansies, so the foreign syndicates may give them jobs unofficially. Solving the Yakuza unemployment crisis! The J-govt killed the Yakuza, just to import their foreign counterparts. Thanks, Obama (Yakuza sanctions from the US Treasury in 2008) !

Like I said above, most customers of Japanese casinos will be Chinese and Vietnamese. This will be a huge magnet for foreign organized crimes and black companies who will absolutely launder the casino profits, under the guidance of respective Communist Parties, back to their nations. Japan may get the profitable perks of service economy around the casino, but the gambling revenues will mostly go back to China or Vietnam. Going to be used to fund more of the CCP and VCP's clandestine overseas operations.

7 ( +12 / -5 )

Why would Japan seek to empower and enrich China ? Despicable!

2 ( +3 / -1 )

Yakuza are still stronger than you can imagine.

For the sake of the LDP's image (who they actively support and coordinate with), they have simply hidden themselves better by getting into legit businesses for cover. Rest assured they will also coordinate with the Chinese syndicates / empower themselves through this casino project.

-4 ( +0 / -4 )

Yakuza are still stronger than you can imagine.

For the sake of the LDP's image (who they actively support and coordinate with), they have simply hidden themselves better by getting into legit businesses for cover. Rest assured they will also coordinate with the Chinese syndicates / empower themselves through this casino project.

Actually no, Obama's sanctions still stand. They prevent the Yakuzas from using assets and USD outside of Japan. Without the access to USD and other financial services, you are doomed!

Meanwhile, Chinese, Russian and Vietnamese crime syndicates are more stealthy and difficult to pinpoint, so the USA and EU can't sanction them effectively. Not to mention that they have the backing of authoritarian governments, so many criminal leaders may have sovereign immunity. Unless you invoke the Magnitsky Act, but you still need to know the identities of those shadowy figures. Yakuza's biggest mistake is to make themselves officially public. An easy target to be sanctioned by the West.

As long as American sanctions remain, Yakuza can't do anything meaningful and profitable. They will have to rely on their foreign crime syndicates to stay alive, and the Chinese triads already hire a bunch of Yakuzas to watch over the Chinese assets in Kabukeicho and Shibuya already.

6 ( +9 / -3 )

You know how this will end up a bunch of YAK fights running the business

-1 ( +1 / -2 )

For those who think that Chinese and Vietnamese gangs will 'run the casino' in Japan, I think you're being overly doubtful of Japan, Inc. America continually accuses China of IP theft, yet Japan has managed to keep IP theft to China at a minimum. When Chinese investors threatened to overrun the B-and-B business, Japan did a really good job of curtailing that practice. Yes, of course there will be corruption. But at the end of the day, it's probably a big, net benefit for Japan.

-4 ( +1 / -5 )

OxycodinToday  01:34 pm JST

You know how this will end up a bunch of YAK fights running the business

Obviously, along with US muscle/LDP back-up, let's get real.

-1 ( +0 / -1 )

For those who think that Chinese and Vietnamese gangs will 'run the casino' in Japan, I think you're being overly doubtful of Japan, Inc. America continually accuses China of IP theft, yet Japan has managed to keep IP theft to China at a minimum. When Chinese investors threatened to overrun the B-and-B business, Japan did a really good job of curtailing that practice. Yes, of course there will be corruption. But at the end of the day, it's probably a big, net benefit for Japan.

I recommend you to watch this video. The Chinese is more insidious than we thought, so no one should underrestimate them.

https://www.ntd.com/china-influences-40-of-eu-acquisitions_515713.html/amp

Vietnamese is the underdog but they are equally insidious at the smaller scale. It is the Chinese that we should really be careful.

6 ( +7 / -1 )

People seem to have amnesia. Or just never knew.

[ The rival Liberal Democratic Party (LDP), which had ruled Japan nearly uninterrupted for decades, had long been tied to Japan’s underworld and ridden by scandals. ]

https://foreignpolicy.com/2012/12/13/the-yakuza-lobby/

[ The scandal began in January, when the Akahata Shimbun reported that a front company for the country’s largest crime group, the Yamaguchi-gumi, had donated ¥180,000 over two years to a branch of the LDP — the Tokyo No. 11 district — headed by Shimomura. The company is banned from accepting public works and recognized by the police in Osaka as a yakuza operation, specifically a Yamaguchi-gumi Kodo-kai operation. ]

https://www.japantimes.co.jp/news/2015/04/04/national/media-national/learning-valuable-lessons-yakuza/

[ TOKYO - Was it plain coincidence or uncanny timing? On the same day that Japanese opposition lawmakers asked to see the guest list for a controversial spring garden party hosted by Prime Minister Shinzo Abe, the list was shredded by Cabinet Office employees. ]

https://www.straitstimes.com/asia/east-asia/abes-woes-deepen-as-questions-swirl-over-shredded-guest-list-for-spring-garden-party

3 ( +3 / -0 )

Kobe is the best choice, it has the most yakuza. Or Kita-Kyushu

0 ( +0 / -0 )

Septim DynastyToday  11:36 am JST

Chinese businesspeople and crime syndicates are going to win bigly! They have been lobbying and bribing the Japanese LDP cronies to make sure that gambling will be legal in Japan. Now, they might finally be successful.

More money will flow inside Japan as well, many rich people across the world will come and gamble.

Japan will become even more attractive, especially to those wealthy.

The accurate demographics will be Chinese and Vietnamese, who are the most hardcore gamblers in the world. Just look at Las Vegas, it is always crawled with Chinese and Vietnamese Americans at weekends.

At the same time, it will be a magnet for crimes in Japan. Chinese and Vietnamese syndicates and black companies will dominate most of the Japanese gambling industry. As you can see what is happening in Cambodia, Chinese and Vietnamese casinos are everywhere, and their gambling revenues fly straight into the foreigners' pockets not the Cambodians. The same thing will repeat in Japan! Not to mention that Chinese shady businesspeople have bribed a prominent LDP figure, so their political influence over Japan may be greater than we thought.

Two questions. Why did the Sands pull out, and what is the government's plan for organized crime?

Americans do not have patience to wait Abe or Suga wrestling successfully against regional bureaucrats to get the gambling bill legalized. Secondly, they don't want to bribe the Japanese politicians every single year like the Chinese do - sort of tributary pay to the local politicians. Thirdly, they really hate the Japanese tax codes and rates. Having no hope to see Japanese tax rates dropping down soon.

In regard of organized crimes, Japan simply imports the Chinese triads and Vietnamese syndicates into their country. Yakuzas are now a bunch of toothless pansies, so the foreign syndicates may give them jobs unofficially. Solving the Yakuza unemployment crisis! The J-govt killed the Yakuza, just to import their foreign counterparts. Thanks, Obama (Yakuza sanctions from the US Treasury in 2008) !

Like I said above, most customers of Japanese casinos will be Chinese and Vietnamese. This will be a huge magnet for foreign organized crimes and black companies who will absolutely launder the casino profits, under the guidance of respective Communist Parties, back to their nations. Japan may get the profitable perks of service economy around the casino, but the gambling revenues will mostly go back to China or Vietnam. Going to be used to fund more of the CCP and VCP's clandestine overseas operations.

*5**( +8 / -3 )*

Highlights the ignorance of posters and readers, and the willingness to immediately tar and feather China. Absolutely no documentation to support the claim that the lion's share of the casino money will go to China/Vietnam. Anyone who thinks the LDP would push for this project just to have all the profits go to their allies' rivals (and that the US would simply stand by helplessly) is really gullible, naive, and easily led.

-6 ( +1 / -7 )

Gambling is never a good cause.

0 ( +1 / -1 )

good move Japan! if we follow the Singapore casino style, i believe it wont pose any harm to our people but instead will bring lot of revenue to local and central government. Anyway just my personal favorite, please bring one to Fukuoka !

-2 ( +0 / -2 )

Anyone who thinks the LDP would push for this project just to have all the profits go to their allies' rivals (and that the US would simply stand by helplessly) is really gullible, naive, and easily led.

I think the point is that there are 2 types of profits from these IRs. Direct gambling profits and then the ancillary profits from hospitality. The latter if also very significant even if they get nothing of the former.

I can totally see the government knowing this and being OK with it.

-1 ( +0 / -1 )

@Moonbloom

You need to go and see the vast amount of Chinese money invested in Macau and Siem Reap-the Chinese government actively pushes for these big construction projects whilst Triad members get deported from Cambodia to China....

1 ( +1 / -0 )

@kurisupisu

Chinese money in Macau and Siem-Reap does not automatically mean the same goes down in Japan.

Japan is on a different level compared to Macau and Cambodia. Further, what's happened there is clear for everyone to see...make sense for the LDP to be, like, "Yes, let's go the same way and give it all to them"?

-2 ( +0 / -2 )

Bad and ugly trend, just imagine all the Trash and Scam that comes with this industry.

Goodbye to safe Japan.

0 ( +0 / -0 )

just look up the word Gambling, it will give you an idea of these government so called officials are up to. Bribes, Money Laundering, Gambling, Drugs, Mobs, Porno, Kidnaping, Child Labor, & Murder. That's what gambling is all about.

0 ( +0 / -0 )

"how else is Japan going to replace the tax revenue that is lost every time 2 Japanese retire (and stop paying taxes)" (Muratafan said) No one ever brings up the most obvious: Abolish mandatory retirement age laws. Let people work until they personally decide to call it a day. Politicians work until the grave welcomes them, it seems.

0 ( +0 / -0 )

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