Very soon in Japan legalize gambling. This will change in the alignment of forces in the Asian market, these changes will affect Russia. What will happen to the global gambling industry after this event?
A little story.
What prevents legalization?
How profitable is Japan?
Japan is a country of gambling people who love the game very much, although for more than 100 years, the gembling industry is under constant control of Japanese officials.
Despite this, the turnover of cash in the Japanese gambling industry is 200 billion $ (this amount is achieved at the expense of the Patino automata). And in the coming years, this figure will increase at times.
The law adopted in 1907 prohibits the spread of gambling in Japan, but there are exceptions: horse racing, motorcycles, boats, bicycles, football tote and lotteries are allowed, but are under constant control.
Patinko’s game is also allowed, and her subspecies “Pacisuro” is the usual pinball, but made with a characteristic Japanese flavor, the game is also controlled, but not prohibited due to the effect on culture, history and, of course, money. History with card games confusing: they were forbidden, they were allowed, today all such games, including money, allowed. Karuta and Khanafuta are especially popular.
You can play in the sega and go, these are ancient and complex games, they are used to develop the mind, and before they were playing samurai to train their strategy and tactics skills.
Do not forget about Mahjong, the game came from China, but at the same time won the hearts of the Japanese, there is even a professional league of players in the country, they set their goal to popularize this entertainment.
One of the Japanese companies created a robot-croupier, he not only distributes cards, but also conducts an analysis for a successful game, in 2015 such a car appeared in one of Las Vegas major casinos.
The Japanese learned to bypass the ban on gambling: they use indirect ways to receive money when winning, when victory, the player becomes the owner of a souvenir, which then can be exchanged for money. Machine Patina, for example, issues metal balls as a reward, many of them immediately change, although it is against the laws.
The machine created in Japan works only 2 years, even if after this period it is working, it is still selling ordinary citizens, and put a new.
Places with Patino and Pacisuro games were filled with people even in 2011, when after a destructive earthquake in the country, they decided to save electricity.
In Japan, it is the opinion that for the game in classic automata needs skills and skills, they help in time to stop the rotation of the drums, and in Patinko it all depends on the success and strength of the ball.
Japanese Islands, according to many experts, a tidy for the development of a gambling industry. Based on the forecasts, it can be said that the local market can be similar to the centers of the Gaming Industry – Macau and Las Vegas. As an example: in the year of the game Patina and Pacisuro bring about 2 trillion $, and these results are much worse in Macau – “just” $ 44 billion. Belly it can be said that the experts performed very carefully and the Japanese market has even greater potential.
Despite the ban on the gambling industry in the country, the underground market is huge, the Japanese themselves use it, they have many options for bypassing all sorts of locks. Perhaps it was that the Prime Minister of Japan was based on this: the country’s economy is not growing for many years, and the withdrawal of gembling from the shadow will help to start the economy to grow.
What will Japan get if gambling legalizes? The most important points: His plants in Japan will appear at the Titans of the Gambling-industry, some of these companies have already shown their interest, in addition to this will increase receipts in the treasury and a large number of new jobs will appear. We must not forget about the tourist component: this summer will pass the 2020 Olympiad in Tokyo, which will no doubt increase the tourist traffic and want to return here.
The policy of Prime Minister Shinzo Abe already brings the result: GDP slowly, but it’s right moving up, people have additional opportunities to choose work. Despite the progress, the opposition party in the country does not consider the legalization of gambling with a good move. These opinions are adhered to ordinary people.
And if the Comateito party can be understood: they are suspected of ties with Yakuza and the struggle for their interests. It is the Japanese mafia that controls most of illegal gambling. However, it is not entirely clear why vs. ordinary residents, even those who love spend a lot of time in the gaming halls.
According to many people, the legalization of gambling will contribute to the emergence of a large number of dependent on them, this is so a sick point of the Japanese, in addition to this, corruption will increase and many other troubles.
Many consider the adoption of the law on the legalization of the resorts casino, but this question is still not resolved: the government postpones consideration over again. This is due to the unwillingness of the Comateito and the insufficient power of the new Prime Minister. Approximately a year ago, the deputies postponed this issue, considering it not priority, they wanted to pay attention to the problems of the country’s defense.
However, the Olympiad is approaching, and the law is still not accepted, while many statistical agencies do not very high value the likelihood of opening casino-resorts, the digit varies from 50 to 70%. Part of the laws have already been adopted, and the plan assumes the beginning of the year of the work of the resort casino 2022.
The Asian Igor industry will change markedly after the legalization of such establishments in Japan, but how much? Very near the potential golden residential is already current – Macau.
However, in recent years, business is almost not developing there and even carries losses, there was a time when the income fell by almost 1/3, but now this does not happen, a very small decline is noticeable, and some financial firms have calculated that in the near future will be noticeable height. Not the best position of Macao gives a chance to develop the Russian zone “Primorye”, one institution was recently opened in it.
Such a fall in business in Macau is associated with the adoption of the anti-corruption law in China, on it, local officials cannot come to play the main game city of the country, and it hits the local operators. In Russia, it is necessary to pay much less taxes, it is a certain plus for investors from abroad.
However, do not forget about the rest of the Asian markets: South Korea, Cambodia, Singapore also grow successfully, there are large operators or already work and calculate profits, or are going to enter the local market. One of the American companies reported to arrived in one of the quarters, which grew by almost 11%.
Also predicted the growth of casinos and in the Philippines, the Korean authorities want to give permission to the opening of several more major establishments. Even the authorities in Taiwan realized that the gambling industry is very beneficial, local newspapers are informed about the interest of local authorities in the field of creating gembling establishments.
While the gambling industry is in suspended state in Japan, and in Russia in the Far East, you can safely play the casino, for our country there are all chances of successful business development, but all this will be threatened if Japan legalizes gembling. Why? Here are the reasons:
Japan is much better than Russia in many important areas, this applies to technology, services market, transport to achieve Japanese level of Russia will have to work a lot, and the country of the rising sun will be enough to activate all its capabilities.
The gambling industry in Japan is developed better, only with a small probability of Asian players can be attracted to Russia, they are much better familiar to the culture of their neighbors in the region, although it is not excluded to taste the European aesthetics, which is also very close.
Japan will interest foreign investors much more than Russia, because it has a higher level of development.
The gaming zone “Primorye” should not count on large-scale success in the field of mass games, come here in the main citizens of Russia and residents of the nearest Chinese cities, which are unprofitable to go to Macau, but on the border there is a very small number of cities.
Residents of South Korea can also be interested in the zone “Primorye”, because in their country it is allowed to play only in one zone, but this interest will be temporary – as soon as the Gambling industry in Japan will become legal, Koreans will die there. In addition, the players of the category “VIP” with a very high probability will prefer to go to Japan, and not Russia.
The gambling industry in Russia only originates, but most likely it will remain a local phenomenon, the game centers in Asia will be more in demand, because there are all possibilities there, in addition, perhaps, sufficient people’s traffic.
Only the Macau Industry can compete with the Japanese gambling sphere, but the first is still in a small crisis, so Japan has a great chance to become the main supplier of gambling in the Asian region.