Wakayama politicians pitch in for IR bid

The casino industry is all set to arrive in Japan following the recent passage of the Integrated Resort (IR) bill in the country’s parliament. It will be initially allowed in three locations only. The three locations are not yet determined.

Politicians in Wakayama, a Japanese prefecture in the Kansai region, are already trying hard to bring the IR facility to the prefecture.

“How many of the people have seen a real IR with their own eyes,” ruling party House of Representatives lawmaker from Wakayama Hirofumi Kado stated, “or experienced it in their own skin? And in this context of little understanding, the word ‘IR’ is arbitrarily dwarfed by the word ‘casino’ and the word ‘gambling’ simply conjures up worries about addiction.”

According to Kado, public works have not been sufficient to create investments needed for the local economy yet but argued that IR developments would.

 “There are many who say that Wakayama suffers from a shortage of work and employment. I believe that an IR would be a highly attractive option for overcoming this adversity. Since an investment of several hundred billion yen would be involved, we can expect immeasurable effects in terms of consumption and tax revenues,” he added.

Source: Focus Gaming News