Opinion: Japan May Cripple Its Casinos

Date

July 14, 2017

Author

David Bonnet

Source

Bloomberg

Region


Subject

Japan

URL

https://www.bloomberg.com/view/articles/2017-07-14/japan-may-cripple-its-casinos

When Japan’s parliament legalized casino gambling last year, it created a wave of excitement among casino operators and institutional investors. But sensitivities about gambling addiction have now focused the policy discussion on a concept known as responsible gaming. This is industry terminology for programs designed to deter customers with known gambling problems from entering casinos. Although well-intentioned, lawmakers are risking a litany of unintended consequences with these policies.