News First Japanese casino approved in Osaka

thomas · 2 Oct 2023

Last Friday, Japan approved a plan to build the country's first casino in Osaka to attract domestic and international tourist spending. The 1-trillion-yen casino resort is set to open in 2029.

The giant resort complex located on Yumeshima, a reclaimed island in Osaka Bay due to hold the World Expo in 2025, will also include hotels, a conference centre, a shopping mall, a museum and a ferry terminal, while high-rollers will have access to an adjacent helicopter pad. [...] Japan is a prized market for casino operators because of its affluent population of 126 million and proximity to Asia's wealthy gamblers. However, opinion polls have shown many citizens worry about addiction and crime. [...] The project document showed that the resort is targeting 520 billion yen of revenue annually, mostly from the gaming business, and forecasts it will attract 6 million international tourists and 14 million domestic visitors.

A Mainichi newspaper poll of Osaka residents this month found 45% of respondents in favour of the casino, 38% against and 17% undecided, although women and the elderly were more likely to be opposed.

Japan approves $8.1 billion Osaka resort, country's first casino

Japan on Friday approved a plan to build the country's first casino in the western city of Osaka, paving the way for a 1.08 trillion yen ($8.1 billion) resort set to open in 2029, aimed at attracting domestic and international tourist spending.

www.reuters.com

musicisgood · 3 Oct 2023

I'm totally against it.
And the reason is because the gambling business is really an artificial economy and it's definitely not a way to have a healthy Nation as a matter of fact I think every nation that goes with a lottery for casino or whatever gambling is out there is is and will be on the decline morally and spiritually.

mdchachi · 3 Oct 2023

musicisgood said:
I'm totally against it.
And the reason is because the gambling business is really an artificial economy and it's definitely not a way to have a healthy Nation as a matter of fact I think every nation that goes with a lottery for casino or whatever gambling is out there is is and will be on the decline morally and spiritually.

Is it much different than all the pachinko parlors though?

musicisgood · 3 Oct 2023

mdchachi said:
Is it much different than all the pachinko parlors though?

I've never been in a pachinko parlor before I have no idea what it's all about.

paulinbruant · 1 Dec 2023

thomas said:
Last Friday, Japan approved a plan to build the country's first casino in Osaka to attract domestic and international tourist spending. The 1-trillion-yen casino resort is set to open in 2029.

A Mainichi newspaper poll of Osaka residents this month found 45% of respondents in favour of the casino, 38% against and 17% undecided, although women and the elderly were more likely to be opposed.

Japan approves $8.1 billion Osaka resort, country's first casino

Japan on Friday approved a plan to build the country's first casino in the western city of Osaka, paving the way for a 1.08 trillion yen ($8.1 billion) resort set to open in 2029, aimed at attracting domestic and international tourist spending.

www.reuters.com

To be honest, I have mixed feelings about it. To start with, I want to say that I have nothing against casinos, I've visited them a few times with my friends and it was great. Secondly, it's good for economics for sure and will create job opportunities for a lot of people.
But gambling is very addictive, and a lot of people don't know when it's time to stop, and entertainment can turn into a disaster.

nice gaijin · 2 Dec 2023

seems to me like gambling is a vice like any other, and it thrives on people not knowing when to cut their losses. Ultimately it's a drain on the community and ruinous for those individuals (and their families) who lack the math skills and self control to not lose their shirts.

I think the distinction between pachi-slo (pachinko and slots, which are all over Japan) and a casino is a moot point, as they ultimately serve the same purposes, to funnel money into the house coffers and launder money. To me it looks like a blight on the community.

Majestic · 2 Dec 2023

I don't have a powerful hate of casinos, and I think in some ways its probably a good thing to have a place, run according to the rules of the state, where people can gamble - because they are going to do it anyway and it might as well provide tax revenue and employment opportunities for some. I think the US had it right when it limited gambling to Nevada and Atlantic City, and limited venues like riverboats or racetracks.

But now there are casinos everywhere: all over California there are Indian casinos. Some are run as proper resorts, with world-class attractions, but others are just kind of depressing card rooms, taking money from people that ought not be anywhere near a casino. It is no longer a "destination" that you have to make a serious effort to travel to. Feels decidedly unglamorous, and more predatory in a way. I preferred it when there wasn't a casino in every county.

One casino in Osaka... it doesn't bother me so much.

mdchachi · 2 Dec 2023

nice gaijin said:
seems to me like gambling is a vice like any other, and it thrives on people not knowing when to cut their losses. Ultimately it's a drain on the community and ruinous for those individuals (and their families) who lack the math skills and self control to not lose their shirts.

I think the distinction between pachi-slo (pachinko and slots, which are all over Japan) and a casino is a moot point, as they ultimately serve the same purposes, to funnel money into the house coffers and launder money. To me it looks like a blight on the community.

Humans seem to have an innate need to gamble. I wonder if there any human societies that don't. I think without this innate drive to take chances we wouldn't have progressed as a species. And we wouldn't have such a large list of Darwin award winners to amuse ourselves.

paulinbruant · 26 Sep 2024

thomas said:
Last Friday, Japan approved a plan to build the country's first casino in Osaka to attract domestic and international tourist spending. The 1-trillion-yen casino resort is set to open in 2029.

A Mainichi newspaper poll of Osaka residents this month found 45% of respondents in favour of the casino, 38% against and 17% undecided, although women and the elderly were more likely to be opposed.

Japan approves $8.1 billion Osaka resort, country's first casino

Japan on Friday approved a plan to build the country's first casino in the western city of Osaka, paving the way for a 1.08 trillion yen ($8.1 billion) resort set to open in 2029, aimed at attracting domestic and international tourist spending.

www.reuters.com

Well, I'm not against it. It will provide workplaces for people, attract tourists, and I think it can be beneficial for the economy.
I don't play, but as far as everything is secure and epople are responsible, than it's okay

Achilles 1-1 · 26 Sep 2024

I think that's so cool!

News First Japanese casino approved in Osaka

thomas

Unswerving cyclist

Japan approves $8.1 billion Osaka resort, country's first casino

musicisgood

Sempai

mdchachi

Moderator

musicisgood

Sempai

paulinbruant

後輩

Japan approves $8.1 billion Osaka resort, country's first casino

nice gaijin

Resident Realist

Majestic

先輩

mdchachi

Moderator

paulinbruant

後輩

Japan approves $8.1 billion Osaka resort, country's first casino

Achilles 1-1

Destined Among Shadows: The Indama Chronicles.

Similar threads