“Japan’s Consolidated Resort Bill Fails,” written by Grant Gobbersen.
In the memo, he said the government aims to make the regulatory framework more and more stringent and impose greater constraints on the site. Furthermore, the entire project is expected to cost a fortune, potentially delaying some of the larger work to future moments until funding is found.
Grant Govtsen raises some important questions about the development of Japan’s casino industry. Regarding the Singapore casino resort run by Las Vegas Sands, he says it is highly likely to be a replica of Marina Bay Sands, which costs $10 billion. This amount is estimated before developers pay for any of the estimated land costs and infrastructure costs. In addition to inflation and Japanese cost premiums, this will complicate the situation further.
The Japanese government often pays attention to Singapore’s model and how it regulates the casino industry, and its essence includes entry charges for local gambling enthusiasts. It also implements family elements with self-introduction and family introduction systems, and helps if there are problematic gamblers who need to be effectively excluded. This helps prevent future problems. Japan’s regulatory system can learn a lot from the way Singapore’s casino industry operates.홀짝게임
It’s the size of both industries. It is very worrisome that Japan’s government aims to replicate Singapore’s game style without considering that Tokyo and Osaka’s population is several times that of Singapore. They are trying to limit the size of the game floor to that of Singapore (15,000 square meters). It also makes no sense to do the same because the government wants to see the growing growth of tourists larger than what Singapore has reached.
Another important factor is the above admission fee, which is also included in the plan for the gambling industry in Japan. According to Steve Gallaway Management Partner at Global Market Advisors LLC, if the government sets them too high, it will make people leave. What is needed is money generated through games to make a profit and complete an already planned integrated resort.