Japan has taken a step closer to introducing a legalised gambling market after a bill to allow the opening of casino-based Integrated Resorts was submitted to the country’s parliament.
According to the PokerNews.com website, if approved the bill could lead to the creation of one of the world’s largest gambling markets, third only behind Macau and the US.
The bill has gained support from a number of political parties in the country and is expected to be both discussed and passed by August – when the current parliament ends.
Japanese Prime Minister Shinzo Abe has also voiced his backing for the bill, estimating that a legalised gambling market could help generate extra revenue of $40 billion (€35.6 billion) per year…