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Japan Gets Closer to Legalized Gambling as Casino Bill Hits Parliament

Japan's journey to legalizing casino gambling entered a decisive phase after a bill to allow the opening of casino-based Integrated Resorts was submitted to the country's parliament on Tuesday.

Supported by a transversal coalition that includes representatives from Japan's Innovation Party, the Party for Future Generations, and the country's ruling Liberal Democratic Party, the bill is expected to be discussed and passed by August, when the current parliament will end.

If approved, the bill is supposed to lead to the creation of the world's third biggest gambling industry, with revenues that are expected to place Japan right behind Macau and the United States.