Yokohama Japan Budgets for New Casino

This story was published more than 3 years ago.

The Japanese prefecture of Yokohama is setting aside 360 million yen to help set up for a casino resort to be built within the city as Japan works to implement casino gambling.

The money will be spent on a development plan to accommodate for a casino to be built in the city, which sits just south of Tokyo. The prefecture will have to partner with a company to build the resort, and some of the money will go to that end as well. Funds are also being allocated to research, including background checks on prospective investors.

Japan legalized gambling a few years ago, but working to design and build casinos has been a slow process. Casinos were initially slated to be open for the 2020 Olympics, but that hasn't panned out.

We're following the casino buzz in Japan and will be updating readers as developments pan out.

About the author

Kingston Li // Asia Correspondent
Kingston Li
Kingston is a big fan of Baccarat and Texas Hold'em Poker and has tested his skills in tournaments around Asia and the world. He covers the latest gambling news from Asia for Casino Listings. In his spare time, Kingston enjoys hiking, video gaming, and playing disc golf.