ruthwithers1980 (OP)
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May 10, 2019, 02:45:18 AM |
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Just last year in 2018, Japan managed to clear the legal hurdles to obtain their Integrated Resort (IR) which is a nomenclature for casino resorts. The Integrated Resort project refers to a comprehensive entertainment complex that incorporates facilities like shopping malls, theaters, hotels and theme parks. These types of resorts should be ready and developed by 2025 also thanks to the Prime Minister Shinzo Abe. In addition to being a potential hot spot for casinos, Japan is also a very attractive destination for international visitors. Based on the reports from Japan’s National Tourism Organization, Japan welcomed nearly 16 million visitors in the first half of 2018, which is up 16% from last year! Given the importance of the region, there will be a Japan Gaming Congress being held on May 16-17, 2019 at the Conrad Tokyo in Japan. Source: Is Japan the Next Big Hot Spot Destination for iGaming Operators?Is there anyone among you from Japan? Can you tell us about the situation of the gambling industry in the country as of the present? Or perhaps can you tell us if you agree with the idea that Japan is set to become a big hot spot iGaming destination?
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Kemarit
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May 10, 2019, 02:57:55 AM |
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I'm not Japanese but let me just share my thoughts. It's very weird that the Japanese government suddenly made a U-turn regarding their tough laws against gambling, it's a criminal offense as far as I know. Neighboring countries like Macau and even the Philippines and Singapore is the destination if you wanted to play on casino's on the Asian region so it really surprises me to see that they are now opening their doors.
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MakeMoneyBtc
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May 10, 2019, 03:41:08 AM |
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I'm not sure about how well this is going to work because as far as I know gambling is still banned in most of the countries from Asia and those that accept it have very strict regulations. Macau is the only country that fully accepts gambling and betting but that's a different story because this country has its own government and rules. This collaboration between Japan and iGaming will surely be profitable as long as people will be able to gamble freely. Obviously we cannot expect gambling to be the same in Japan as the rest of the world because they are just accepting it but at least I guess it will be better than it is in the rest of the countries in Asia.
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cabron
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May 10, 2019, 03:56:43 AM |
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I'm not Japanese but let me just share my thoughts. It's very weird that the Japanese government suddenly made a U-turn regarding their tough laws against gambling, it's a criminal offense as far as I know. Neighboring countries like Macau and even the Philippines and Singapore is the destination if you wanted to play on casino's on the Asian region so it really surprises me to see that they are now opening their doors.
Macau seem to have active gambling law in the region and same in Philippines where they do have casinos at every city. I don't know if the religion in the country like Macau and Philippines has something to do with losetight law about gambling. Japan may be starting to look into gambling tourism as they recently open their country that anyone can visit.
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Twinkledoe
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May 10, 2019, 04:34:03 AM |
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I am not from Japan but definitely, I can say that Japanese people are one of the most kind and disciplined individuals. They will kill themselves if they are caught with wrongful acts. So corruption is not really a problem in that country where iGaming industry is known to have that long-running problem. I believe, they will do the right things when it comes to handling this business.
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rodel caling
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May 10, 2019, 04:38:05 AM |
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I agree from the comments above japan laws (I have friend from japan he tell me how people follow and respect the laws of government) is very strict especially in gambling but let's wait the result of this news and is almost 6 years from now before the opening that said tourist hot spot of japan igame capital.
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maydna
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May 10, 2019, 04:41:40 AM |
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That could be true as we know that Japan is a big country which made so many gaming offline and online. And with the approval of the cryptocurrency, the iGaming can grow in Japan. I do not come from Japan so I don't know what is going on in Japan and I can only guess. But let's wait for Congress, so we know what will happen later in Japan. And if in Japan, iGaming can grow fast, then I think that will soon impact the other country, and it will attract more player.
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TimeTeller
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May 10, 2019, 04:41:52 AM |
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I am not from Japan but definitely, I can say that Japanese people are one of the most kind and disciplined individuals. They will kill themselves if they are caught with wrongful acts. So corruption is not really a problem in that country where iGaming industry is known to have that long-running problem. I believe, they will do the right things when it comes to handling this business.
I can't say much about the actual life in Japan, but yes, I think they are perfect for this kind of business. Gaming or gambling industry is no doubt a corruption haven. So being located in Japan, investors are confident that they are dealing with principled individuals. That's a good boost to their gaming industry, aside from the fact that Japan is really a great tourist destination in Asia.
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jhongzjhong
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May 10, 2019, 05:16:29 AM |
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No doubt on the country of Japan, I think they have also large populations of gambling industry which allowed to them in any kind of gambling and also Japan has to legalize all gambling casino. I don't know yet since I'm not from the country of Japan but I guess they are the next destination for gaming or gambling operators. Try to read this article. https://www.casino.org/news/japanese-casino-market-legalized-in-2018-us-operators-ready-to-enter
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romero121
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May 10, 2019, 05:36:38 AM |
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Japan used to more adoptive to technology and with this it could get to be the best destination for igaming in the future. Right now they've got digitized growth and regulated gambling access. Japan government is the only authority that provides support for the usage of bitcoin as well lead people towards an digital era.
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NavI_027
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May 10, 2019, 06:28:40 AM |
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Wow! Until now Japan never fails me to get amazed with their of living. I mean, how ironic that they are only a small country where scarcity of resources is expected but still they achieved being ine of the richest country in the whole world. For me it was a great move for them to enlarge their gambling industry in a sense that it encourages foreigners to visit their country thus resulting to much livelier tourism which leads to huge open job opportunities foe their countrymen. But aside from that, they should be strict for implementing rules and regulations as well to place all things in order, if most of the Japanese people are naturally obsessed playing with video games then what more if what they're playing now involves money .
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kaya11
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May 10, 2019, 07:48:10 AM |
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We really are amaze of Japan's good hospitality for tourists, and if this plans will succeed then I guess those millions of visitors will increase for sure. I like Japan even if I haven't been able to go there, but I have friends that lives there and they are saying I should go there to experience new ambiance and new people. I couldn't imagine how would be the gaming centers and casinos out there but I am sure that it will be more what we will expect, this country just never stops to amaze me.
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Ailmand
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May 10, 2019, 08:33:28 AM |
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Well Japan is one of the best destination when it comes to tourism due to it's beautiful tourist destination, hospitality and discipline. With regards to Japan being a hot spot for iGaming destination I think this will be great since we all know Japanese are creative in many ways and also they are really advance in regards to technology, this is an advantage if they will be making online-casinos.
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Vishnu.Reang
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May 10, 2019, 10:39:24 AM |
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I regard the Japanese as one of the most intelligent races on the planet. But at the same time, some of their laws and regulations are still stuck at pre-WW2 era. For example, although porn is legal in Japan (the biggest market in terms of turnover), it is mandatory for the producers to pixelate the private parts. Gambling is also illegal as per the Criminal Code chapter 23. Now what happens is that the Japanese government loses tax revenue, as the Japanese gamblers travel to countries such as Hong Kong and Macau to participate in gambling.
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Haunebu
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May 10, 2019, 10:56:14 AM |
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I am not from Japan but definitely, I can say that Japanese people are one of the most kind and disciplined individuals. They will kill themselves if they are caught with wrongful acts. So corruption is not really a problem in that country where iGaming industry is known to have that long-running problem. I believe, they will do the right things when it comes to handling this business.
Every country has its fair share of kind and corrupt individuals and acting like Japan is some kind of heavenly zone is utter stupidity. Japan has its fair share of problems(Environmental disasters etc), but they managed to develop some of the best tech on the planet, but this in no way means that this will be the next big destination for iGaming operators. It all comes down to the government in power at that point of time(Gambling supporters or haters).
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eternalgloom
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May 10, 2019, 01:25:26 PM |
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I don't see why they would suddenly become the next big destination for igaming operators. There are so many countries to choose from, all of which have established lax laws surrounding online gambling.
I don't see why casinos would suddenly move from Curacao to Japan all of a sudden.
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peter0425
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May 10, 2019, 03:11:33 PM |
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As far as I know, there are a lot of Japanese gamblers around the world, but Japan is totally against it that's why you won't see them playing in their country. But if this opens the door, I'm sure it will be a boom in their gaming industry. So this is very interesting development, as Japanese players travels around the globe just to play but now it will be homegrown.
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electronicash
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May 10, 2019, 04:46:08 PM |
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I don't see why they would suddenly become the next big destination for igaming operators. There are so many countries to choose from, all of which have established lax laws surrounding online gambling.
I don't see why casinos would suddenly move from Curacao to Japan all of a sudden.
that might be true but once they welcome this, casino investors will flock for new opportunity. they may not be the next big destination but just a new igaming destination. its surprising to see japan all of a sudden is doing this, but i guess them being one of the first who also adopted BTC and crypto is an influence.
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eternalgloom
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May 10, 2019, 04:55:50 PM |
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I don't see why they would suddenly become the next big destination for igaming operators. There are so many countries to choose from, all of which have established lax laws surrounding online gambling.
I don't see why casinos would suddenly move from Curacao to Japan all of a sudden.
that might be true but once they welcome this, casino investors will flock for new opportunity. they may not be the next big destination but just a new igaming destination. its surprising to see japan all of a sudden is doing this, but i guess them being one of the first who also adopted BTC and crypto is an influence. I don't know about test, wouldn't they just stick to the tried and tested countries? I mean there are pretty amazing ways out there to fully set up companies in Curacao for example. Okay, that might also be the case with Japan in the future, but I reckon they're not there just yet.
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rizkyhiw
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May 10, 2019, 05:08:54 PM |
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Will the development of such a project be seen after the long term with all the risks and maybe I also agree a little that Japan is the most advanced and good country and the discipline in the principles that they built very well, then it is innovation that is not in vain now and in the future, I think it will be useful in the future and it might be more developed in the future, we see how far and the development of the project, Japan is the most advanced in terms of the latest economics and technology than other Asian countries, I just admire what i see and hear.
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