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Konami to invest in casinos if gaming expanded in Japan • This Week in Gambling
Reuters – Japanese gaming company Konami Corp said it was planning to invest in casinos in anticipation of legislation to legalise gambling and help create an entertainment and resort market some estimate to be worth over $40 billion. Liberal Democratic Party lawmakers are trying to pass legislation allowing the development of casino resorts in Japan, although time is running out for a bill to be approved in the current parliamentary session ending next month. Konami said it would set up a subsidiary, once a casino bill is passed, through which it would take a minority stake in casinos in partnership...
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