Chances of Tokyo's first casino by 2020 Olympics declines

Posted: September 29, 2014 Posted by: Reuters

According to Reuters, the development of Tokyo’s first casino is unlikely before the 2020 Olympics. The new governor of the city has recently stated that casinos are not at the top of his agenda. Prime Minister Shinzo Abe remains resolute in the legalization of casinos in order to boost the economy. Developers are facing sharp increases in building costs, potentially further discouraging foreign investors.

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