"Japan has the potential to be one of the largest gaming markets in the world, generating up to US$ 24.2 billion at six different locations by 2030, ” said Steve Gallaway, Managing Partner for Global Market Advisors.
As one of the goals of the integrated resort legislation is to increase
tourism, GMA has introduced the concept of allowing multiple operators to
develop integrated resorts on the Yumeshima Island in Osaka.
"Developing the Osaka site, with multiple operators on the ‘Osaka Strip,’ would create critical mass and a true tourist destination. This would compete with Las Vegas, Macau, and Singapore in generating nearly US$ 11 billion from that district alone,” said Gallaway.
The full white paper, that will be available for download by May 1, 2017 from GMA’s website, will provide an overview of the Japanese market, potential site locations, definition and examples of various integrated resorts, regulatory and capital considerations, and a deep overview on responsible gaming."As the National Diet continues to evaluate the best structure for integrated resorts in Japan, it needs to consider the strong regulatory atmosphere that should be established,” said Brendan Bussmann, Global Market Advisors Director of Government Affairs.