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Japan's first casino aims to boost tourism

09 September 2024 23:03

Japan is moving forward with the construction of its first-ever casino in Osaka, set to be completed by 2030. 

Japan's inaugural casino is forging ahead in Osaka, with construction slated for completion by 2030. This ambitious project marks a significant step in Japan's efforts to boost foreign tourism, as revenue from this sector has waned in recent years, Caliber.Az reports, citing foreign media.  

The casino will be situated on a reclaimed island, which is also set to host the World Expo in 2025. Spanning 5.3 million square feet, the resort is a joint venture with a US company and will feature a variety of attractions, including a hotel, museum, shopping mall, and ferry terminal.  

Officials are optimistic about the project's potential, expecting it to draw approximately 20 million visitors annually and generate over 1 trillion yen (more than $700 million) in economic benefits each year. However, public opinion remains deeply divided. Concerns persist that the casino could lead to an increase in crime and exacerbate gambling addiction in the country. 

A 2023 poll revealed that nearly 40 per cent of Osaka residents opposed the casino, highlighting the ongoing debate over its impact.   While gambling remains largely illegal in Japan and across much of East Asia, exceptions like Macau have proven lucrative, and Japan's government is betting that this new venture will provide a similar boost to its economy.

Caliber.Az
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