At last month’s Global Gaming Expo Asia (G2E) in Macau, casino and resort operators, game machine manufacturers, government officials and countless others gathered to review gaming laws and markets in countries ranging from Vietnam to China and the Philippines.
But at this year’s G2E in the 3,000-room Venetian Macao resort, which boasts a shopping arcade mimicking the canals of Venice and acres of casino space large enough to host thousands of attendees from over 70 countries, it was Japan, the one major Asian country without casinos, that was on the minds of many attendees.
“There are a couple of things that are different this time about the movement in Japan to legalize gaming through integrated resorts compared to past discussions. First, there is now political stability with Prime Minister Shinzo Abe. Second, there’s a renewed emphasis on the economy with ‘Abenomics,’ and this type of economic project fits in with those macroeconomic policies,” said Ed Bowers, senior vice president of global gaming development at MGM Resorts International, which is interested in building a casino in Osaka.
Gaming professionals noted that, unlike Tokyo, Osaka government officials have been very proactive in courting international resort operators and interest in the city is high. However, Bowers and Japanese gaming officials present in Macau, while optimistic, were also cautious.