New IR in Osaka Might Negatively Impact the Macau Gambling Market

Macau, also known as “Asian Gambling Mecca,” was a haven for Asian tourists who enjoyed gambling and various casino games. However, the situation might be changing since Japan decided to legalize casino gaming.

New integrated resort in Osaka:

Legalizing the Japanese market will possibly have a negative impact on Macau, as well as the other regional casino centers, since tourists from Japan will reduce their gambling excursions to Macau.

Fumio Kishida, the Prime Minister of Japan, revealed major news related to the new gambling scene. The building of an integrated resort in Osaka has been approved by the Japanese government. The integrated resort will be built by MGM Resorts International and a local company named Orix.

 

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On the one hand, more world-class casino options are always a good thing for travelers and tourists looking to experience exciting games and attractions. Competition stimulating innovation and better rewards/loyalty programs for players can only boost the overall gaming industry.

However, market saturation is certainly a risk if there are too many massive IRs vying for the same segment of high rollers and vacationers. Regional differences in culture, economy, and politics also play a role in what types of casino experiences resonate most with guests.