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Online Casino Gambling on the Rise in Japan

The June 23, 2023, By Quirino De Luca

Poll results released during the recent Global Gaming Expo Asia in Macau had the esperts agreeing on the main trends that would continue to dominate the market. These were the rise in online gambling all over Japan and the rest of Asia.

While Macau, one of the world’s capitals for land based casinos see very little business from online casino gambling, the head of American Gaming Association, Fahrenkopf, said that internet online casino gambling was likely to emrge as an important part of the global market, especially in such high tech nations like Japan.

“The growth of the market in Asia has been incredible,” said Fahrenkopf and about two-thirds of those polled believed that US casino revenue would be “eclipsed by Asia in three to five years.” In fact, total revenue in Asia made from gambling rose an incredible 95 percent year-on-year in May to $2.1 billion.

Some talk of legislation regarding the refinement of arcane Japanese gambling laws to account for regulation of online casino gambling has begun, this is only in its early stages. While gaming parlors are legal and plentiful (earlier this year, Japan was reported to be no. 2 in the world in number of gambling machines) Casino gambling is theoretically against the law, though no clear penalties are laid out. It is estimated that over 10 million Japanese citizens regularly play at online casinos and perhaps just as many more play at online or bricks-and-mortar casinos when abroad.

If this is indeed the case, lawmakers would do well to implement some solid Internet gambling laws before too long to foster online casinos in Japan.

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