Japanese people love gambling and all kinds of games of chance, and
although Japan casinos are not plentiful due to governmental regulation,
gambling is very popular with Japanese and foreigners alike. The
Japanese have a long history of gambling, often involving traditional
games that are not known outside its borders, and furthermore, they love
to bet on sporting events such as horseracing and baseball.
Consequently, current political moves to liberalize the Japan casino
industry are likely to place Japan at the forefront of the Asian
gambling market.
One of the most popular games of chance in Japan is called pachinko, a
game like pinball, which is played by millions of Japanese in "pachinko
parlors" all through the country. Pachinko machines offer lucky winners
the chance to exchange their tokens for goods or money on the premises,
and trillions of yen are spent every year on this most popular of
pastimes. Indeed, it is estimated that more money is generated by this
game than several of Japan's top car manufacturers combined.
Due to tight government legislation prohibiting casinos as such, Japan
casinos are currently obliged to operate online, an industry which is
fast growing into one of Asia's biggest, and also on cruise ships and
boats operating in international waters, thus circumventing the
restrictions on land-based gambling. There are moves afoot to change
the rules on gambling to allow Japan casinos to be established
throughout the country, offering not just basic gambling facilities, but
also operating as entertainment and retail malls in their own right.
This will generate extra revenue and provide customers with a more
satisfying leisure experience. Furthermore, many proponents of casino
reform in Japan feel that liberalizing the rules on gambling would make
the country even more attractive to tourists, especially considering the
number of casinos operating in other countries in the Far East.
In addition to traditional forms of gambling, Japanese people love to
wager on sporting events, and in particular on horse racing; big races
can regularly attract huge crowds, sometimes in excess of 100,000. The
Japanese also gamble on cycling and other sports such as soccer, and in
addition, there is a government lottery that offers maximum prizes of
around a billion yen. Consequently, there is already a thriving
gambling scene in Japan, and with the anticipated changes in the rules,
it is surely not long before Japan casinos find themselves at the
forefront of the Asian gambling industry.