Japan as the Next Big Destination for iGaming Operators? - page 3.

YuginKadoya

legendary

Activity: 3038

Merit: 1169

Quote from: Twinkledoe on May 19, 2019, 04:03:43 PM

Quote from: Johnzky on May 13, 2019, 07:05:52 AM

Japan is one of the most supportive country for bitcoin and cryptocurrency so I see no problem if they will be considered as the Igaming operators or the biggest in the world,and besides there isn’t no impossible thought on this one.
But it will still depend on that country because I believe that Japanese is not that addicted to gambling compared to other countries

Though they are not addicted into gambling but Japan is one of the tourist hubs in Asia. So those tourists or foreigners will flock into this country because of this additional entertainment industry. They are one of the best destinations out there because of the people and their environment. One of the kindness people on earth.

Well, This type of thing is pretty normal with Japan, And apart not being a Japanese this is one of my number 1 country that I would like to make a tour or visit, Because just like what you have said of the culture and heritage and the most kindness people on the earth and most entertaining,

And regarding the gaming industry or gambling industry in the country of Japan I guess they are really open about it, But most gambling casino's and online or not I guess it is all regulated by law and regarding other parts of the countries that are besides japan I really think that Macau and the Philippines are open with these kind of attractions as well, But it is all under the jurisdiction of law.

Twinkledoe

full member

Activity: 1904

Merit: 138

★Bitvest.io★ Play Plinko or Invest!

Quote from: Johnzky on May 13, 2019, 07:05:52 AM

Japan is one of the most supportive country for bitcoin and cryptocurrency so I see no problem if they will be considered as the Igaming operators or the biggest in the world,and besides there isn’t no impossible thought on this one.
But it will still depend on that country because I believe that Japanese is not that addicted to gambling compared to other countries

Though they are not addicted into gambling but Japan is one of the tourist hubs in Asia. So those tourists or foreigners will flock into this country because of this additional entertainment industry. They are one of the best destinations out there because of the people and their environment. One of the kindness people on earth.

Oceat

sr. member

Activity: 2506

Merit: 368

Quote from: goaldigger on May 11, 2019, 06:22:35 AM

All advance technologies is there and this kind of things is no surprising at all. To the fact that even Satoshi Nakamoto lives obviously in there. Besides, the discipline and respect Japanese people has is irreplaceable. It will not have any chaos even they put a gambling site in there. Its somehow a good idea why its placed there.

It's not that they have to place it everywhere but they only have a place to set the gambling activity and everyone could easily find it even though they really ban gambling in their country before. I think the Japanese government has to make a decision if they want their economy to be more successful and with the internet today and technology advance everyone could play it even in their own home.

TheCoinGrabber

sr. member

Activity: 994

Merit: 302

Quote from: Kemarit on May 09, 2019, 09:57:55 PM

I'm not Japanese but let me just share my thoughts. It's very weird that the Japanese government suddenly made a U-turn regarding their tough laws against gambling, it's a criminal offense as far as I know. Neighboring countries like Macau and even the Philippines and Singapore is the destination if you wanted to play on casino's on the Asian region so it really surprises me to see that they are now opening their doors.

Macau definitely. I don't remember if Philippines finally got it's own gambling complex, they're more spread out. Not sure about Singapore, I was under the impression that their government discourage it.

This just might work though. The Communist Party seems to be trying to wean Macau off gambling.

Johnzky

member

Activity: 616

Merit: 30

Japan is one of the most supportive country for bitcoin and cryptocurrency so I see no problem if they will be considered as the Igaming operators or the biggest in the world,and besides there isn’t no impossible thought on this one.
But it will still depend on that country because I believe that Japanese is not that addicted to gambling compared to other countries

neonshium

hero member

Activity: 1134

Merit: 515

Quote from: goaldigger on May 11, 2019, 06:22:35 AM

All advance technologies is there and this kind of things is no surprising at all. To the fact that even Satoshi Nakamoto lives obviously in there. Besides, the discipline and respect Japanese people has is irreplaceable. It will not have any chaos even they put a gambling site in there. Its somehow a good idea why its placed there.

Exactly and trust me this is going to be epic. Japan has been among the top destination when it comes to tourism and has been making good revenue from its tourism industry but the iGaming thing is going to attract more people. Gamers go wherever they find an opportunity to make money. iGaming contests are also held in Brussels and they get so many iGaming tourists from around the world which is a credit in their BOP sheet.

goaldigger

sr. member

Activity: 2422

Merit: 357

All advance technologies is there and this kind of things is no surprising at all. To the fact that even Satoshi Nakamoto lives obviously in there. Besides, the discipline and respect Japanese people has is irreplaceable. It will not have any chaos even they put a gambling site in there. Its somehow a good idea why its placed there.

Crypto Girl

sr. member

Activity: 980

Merit: 294

Quote from: eternalgloom on May 10, 2019, 08:25:26 AM

I don't see why casinos would suddenly move from Curacao to Japan all of a sudden.

Perhaps the location, not to mention Curacao is just small island and I guess the article never mentioned that casinos will be move in Japan. It's more like an addition for the igaming industry.

While apparently they see the bigger opportunity in Japan and sees the gamblers are mostly Asian and so they think it will be more accessible if they bring the igaming industry, after all Japan is a tourist destination.

So yeah, why not?

okala

full member

Activity: 980

Merit: 114

Japan resort and casino industry have been a one stop sport for igaming operators in recent time with it government friendly law have regulated the gambling industry and given it a legal framework to operate within. I believe in no time from now the same is going to happen to online gambling where bitcoin and other cryptocurrencies will be used by they igaming operators.

OrangeSeller

hero member

Activity: 1008

Merit: 501

Quote from: noormcs5 on May 10, 2019, 12:28:57 PM

Quote from: Kemarit on May 09, 2019, 09:57:55 PM

I'm not Japanese but let me just share my thoughts. It's very weird that the Japanese government suddenly made a U-turn regarding their tough laws against gambling, it's a criminal offense as far as I know. Neighboring countries like Macau and even the Philippines and Singapore is the destination if you wanted to play on casino's on the Asian region so it really surprises me to see that they are now opening their doors.

That will not be a good decision by the Japanese government to ban the gambling or consider it as an criminal activity and due to online availability of gambling, it will be difficult to ban in it completely.

Quote from: Twinkledoe on May 09, 2019, 11:34:03 PM

I am not from Japan but definitely, I can say that Japanese people are one of the most kind and disciplined individuals. They will kill themselves if they are caught with wrongful acts. So corruption is not really a problem in that country where iGaming industry is known to have that long-running problem. I believe, they will do the right things when it comes to handling this business.

Well, Japanese are people who do abide by the rules and regulations of the countries and if gambling will be banned, they will not use illegal ways to play gambling.

Well you are right. Gambling being illegal in Japan would not attract many hard rockers but I think people who badly want to gamble find ways out to gamble. Like RACE in sports is something you could gamble or bet on and there are I think four kinds of races run and gambled on in Japan prominent among which is Horse racing. Yeah there might be local casinos as well.

Netnox

legendary

Activity: 2044

Merit: 1008

Japan seriously needs to consider changing its laws regarding gambling. The country is losing billions of USD in revenue every year, as the gamblers are traveling to Macau and Thailand to take part in various gambling activities. Also, technology has made the world much closer than before and it is not viable to have the activity banned in one country and allowed in another.

davis196

hero member

Activity: 3164

Merit: 937

Japan must be really desperate for new tourists and new investors,in order to provide such liberal gambling legislation and infrastructure.I guess that their economic growth isn't enough so they are moving towards lucrative industries such as gambling.

kryptqnick

legendary

Activity: 3248

Merit: 1402

Join the world-leading crypto sportsbook NOW!

I am not from Japan, but let's look at facts rather than speculate. We know that Japan is particularly friendly towards cryptocurrencies. Regarding gambling, I think I remember reading about Japanese gambling the hell lot more often than others, but I cannot find the source.
Now to legislation. Technically, gambling (with exceptions like sports bets) is banned in Japan. However, rather recently it was allowed to make casinos as a part of the resorts the op mentioned. So if people decide to come to Japan for gambling, they'll go to posh places with all sorts of things apart from casinos.
But who needs to actually travel to a different country to gamble, when it can be done online Cheesy

carlfebz2

hero member

Activity: 2926

Merit: 722

DGbet.fun - Crypto Sportsbook

Quote from: Kemarit on May 09, 2019, 09:57:55 PM

I'm not Japanese but let me just share my thoughts. It's very weird that the Japanese government suddenly made a U-turn regarding their tough laws against gambling, it's a criminal offense as far as I know. Neighboring countries like Macau and even the Philippines and Singapore is the destination if you wanted to play on casino's on the Asian region so it really surprises me to see that they are now opening their doors.

Changes can really happen anytime with these countries yet government can either approved or blocked according to their own liking and jurisdiction thats why im ain surprised if they do open its doors which is actually an advantage thing for gamblers on that place and also maybe they do realize that theres no point on blocking gambling anyway.They do rather or might consider on having some sort of taxation consideration.

FIFA worldcup

full member

Activity: 1134

Merit: 105

Quote from: cabron on May 09, 2019, 10:56:43 PM

Quote from: Kemarit on May 09, 2019, 09:57:55 PM

I'm not Japanese but let me just share my thoughts. It's very weird that the Japanese government suddenly made a U-turn regarding their tough laws against gambling, it's a criminal offense as far as I know. Neighboring countries like Macau and even the Philippines and Singapore is the destination if you wanted to play on casino's on the Asian region so it really surprises me to see that they are now opening their doors.

Macau seem to have active gambling law in the region and same in Philippines where they do have casinos at every city. I don't know if the religion in the country like Macau and Philippines has something to do with losetight law about gambling. Japan may be starting to look into gambling tourism as they recently open their country that anyone can visit.

The gambling industry is flourishing in Asia and Philippines is surely a place where their a lot of physical casino. If any country for example Japan ban gambling, then it can lose not only revenue but also it will give bad name in terms of tourism etc. Even the citizens of that country, will not be happy with the government if they ban gambling.

noormcs5

hero member

Activity: 2814

Merit: 618

Leading Crypto Sports Betting & Casino Platform

Quote from: Kemarit on May 09, 2019, 09:57:55 PM

I'm not Japanese but let me just share my thoughts. It's very weird that the Japanese government suddenly made a U-turn regarding their tough laws against gambling, it's a criminal offense as far as I know. Neighboring countries like Macau and even the Philippines and Singapore is the destination if you wanted to play on casino's on the Asian region so it really surprises me to see that they are now opening their doors.

That will not be a good decision by the Japanese government to ban the gambling or consider it as an criminal activity and due to online availability of gambling, it will be difficult to ban in it completely.

Quote from: Twinkledoe on May 09, 2019, 11:34:03 PM

I am not from Japan but definitely, I can say that Japanese people are one of the most kind and disciplined individuals. They will kill themselves if they are caught with wrongful acts. So corruption is not really a problem in that country where iGaming industry is known to have that long-running problem. I believe, they will do the right things when it comes to handling this business.

Well, Japanese are people who do abide by the rules and regulations of the countries and if gambling will be banned, they will not use illegal ways to play gambling.

rizkyhiw

legendary

Activity: 1484

Merit: 1004

Will the development of such a project be seen after the long term with all the risks and maybe I also agree a little that Japan is the most advanced and good country and the discipline in the principles that they built very well, then it is innovation that is not in vain now and in the future, I think it will be useful in the future and it might be more developed in the future, we see how far and the development of the project, Japan is the most advanced in terms of the latest economics and technology than other Asian countries, I just admire what i see and hear.

eternalgloom

legendary

Activity: 1792

Merit: 1283

Quote from: electronicash on May 10, 2019, 11:46:08 AM

Quote from: eternalgloom on May 10, 2019, 08:25:26 AM

I don't see why they would suddenly become the next big destination for igaming operators.
There are so many countries to choose from, all of which have established lax laws surrounding online gambling.

I don't see why casinos would suddenly move from Curacao to Japan all of a sudden.

that might be true but once they welcome this, casino investors will flock for new opportunity. they may not be the next big destination but just a new igaming destination.
its surprising to see japan all of a sudden is doing this, but i guess them being one of the first who also adopted BTC and crypto is an influence.

I don't know about test, wouldn't they just stick to the tried and tested countries?
I mean there are pretty amazing ways out there to fully set up companies in Curacao for example.

Okay, that might also be the case with Japan in the future, but I reckon they're not there just yet.

electronicash

legendary

Activity: 3178

Merit: 1054

Quote from: eternalgloom on May 10, 2019, 08:25:26 AM

I don't see why they would suddenly become the next big destination for igaming operators.
There are so many countries to choose from, all of which have established lax laws surrounding online gambling.

I don't see why casinos would suddenly move from Curacao to Japan all of a sudden.

that might be true but once they welcome this, casino investors will flock for new opportunity. they may not be the next big destination but just a new igaming destination.
its surprising to see japan all of a sudden is doing this, but i guess them being one of the first who also adopted BTC and crypto is an influence.

peter0425

sr. member

Activity: 2618

Merit: 439

As far as I know, there are a lot of Japanese gamblers around the world, but Japan is totally against it that's why you won't see them playing in their country. But if this opens the door, I'm sure it will be a boom in their gaming industry. So this is very interesting development, as Japanese players travels around the globe just to play but now it will be homegrown.

Topic: Japan as the Next Big Destination for iGaming Operators? - page 3. (Read 767 times)