Ontario casino games with the best payouts
Whether you prefer classic fruit machines or adventurous and visually stunning games, as long as they have the best payout percentages, you’re good. High RTP games enhance your chances of enjoying more frequent returns, making your gaming experience enjoyable and potentially profitable. With a well-regulated market and high-quality online casinos like Jackpot City and PlayOJO, Ontarians can enjoy high RTP games on a safe and reliable platform. Top 5 Ontario Online Slots with the Highest RTPs Return to Player (RTP) is a crucial factor for slot enthusiasts as it indicates the percentage of wagered money a slot machine is expected to pay back to players over time. Higher RTP slots provide better long-term returns, making them popular among players. Here are the top 5 Canadian online slots with the highest RTPs: 1. Mega Joker (99.00% RTP) Mega Joker, developed by NetEnt, is a classic fruit slot game with a retro feel. It features a traditional 3×3 reel setup and offers a base game and a Supermeter mode. Article Page with Financial Support Promotion Nigerians need credible journalism. Help us report it. Support journalism driven by facts, created by Nigerians for Nigerians. Our thorough, researched reporting relies on the support of readers like you. Help us maintain free and accessible news for all with a small donation. Every contribution guarantees that we can keep delivering important stories —no paywalls, just quality journalism. SUPPORT NOW x Do this later The Supermeter mode is where players can achieve the highest payouts. With a progressive jackpot, this game combines nostalgia with the potential for substantial wins. The high RTP makes it a favorite among players seeking frequent returns on their bets. 2. Jackpot 6000 (98.86% RTP) Jackpot 6000 is another NetEnt creation, drawing inspiration from classic land-based slot machines. This game also features a 3×3 reel configuration and incorporates traditional symbols such as jokers, grapes, and bells. The game includes a unique Supermeter mode and a gamble feature that allows players to double their winnings. The high RTP and engaging gameplay make Jackpot 6000 a popular choice for slot enthusiasts. 3. 1429 Uncharted Seas (98.60% RTP) 1429 Uncharted Seas, developed by Thunderkick, is an adventure-themed slot game that takes players on a journey through uncharted waters. The game features a 5×3 reel setup with 25 paylines and stunning hand-drawn graphics. Players can benefit from expanding wilds and a free spins feature, where up to 50 free spins can be triggered. The high RTP, combined with the immersive theme and visual appeal, makes this slot a top pick among Canadian players. 4. Blood Suckers (98.00% RTP) Blood Suckers, a creation of NetEnt, is a vampire-themed slot game with a chilling atmosphere. The game has a 5×3 reel configuration and 25 paylines. It includes features like a Free Spins bonus round, where players can earn up to 30 free spins with a 3x multiplier, and a Pick-and-Click bonus game that offers instant cash prizes. The combination of a high RTP, exciting features, and a compelling theme has made Blood Suckers a favorite among players. 5. Starmania (97.87% RTP) Starmania, developed by NextGen Gaming, is a visually stunning slot game set in outer space. It features a 5×3 reel setup and 10 paylines that pay both ways. Starmania includes a Free Spins feature that can be triggered with scatter symbols. This feature awards players up to 20 free spins with additional stacked wilds. The high RTP, with its vibrant graphics and exciting gameplay, ensures that Starmania remains a popular choice for slot enthusiasts in Canada. Best Ontario Online Casino Sites Jackpot City – Best Ontario Online Casino Out of all the Ontario online casinos, Jackpot City stands out for its selection of high paying casino games. But that’s not all. Let’s check what else this site has to offer. Real Money Games Jackpot City is one of the best Ontario casinos, renowned for its extensive game library. It offers over 500 games, including slots, table games, and live dealer games. You can enjoy popular titles like Mega Moolah, Thunderstruck II, and Immortal Romance. The live casino section features games like Live Blackjack, Live Roulette, and Live Baccarat, providing an immersive and authentic gambling experience. Mobile Performance Whether you’re using a smartphone or tablet, Jackpot City’s mobile platform is optimized for smooth navigation and quick loading times. The mobile version retains all the features of the desktop site, ensuring that you can enjoy your favorite games on the go without any compromise in quality. Payment Options Jackpot City lets you manage your funds through credit and debit cards, Interac, Intadebit, MuchBetter, Paysafecard, Apple Pay, and bank transfers. The casino ensures secure and swift transactions, with most deposits being processed instantly and withdrawals typically taking 24 to 48 hours, depending on the method used. >> Play high RTP games at Jackpot City PlayOJO – Best Mobile Casino in Ontario PlayOJO is another top contender among Ontario online casinos, known for its transparent and player-friendly approach. Real Money Games The casino boasts a rich selection of over 3,000 games, including slots, table games, and live dealer games. Popular slot titles such as Book of Dead, Starburst, and Gonzo’s Quest are available, along with a variety of live casino games like Live Roulette, Live Blackjack, and Live Poker. Mobile Performance PlayOJO offers an exceptional mobile gaming experience, with its platform fully optimized for mobile devices. Players can access the casino via their mobile browser or by downloading the PlayOJO app, available for both iOS and Android devices. The mobile interface is user-friendly, featuring intuitive navigation and fast load times, ensuring that players can enjoy uninterrupted gaming sessions on their smartphones or tablets. Payment Options This Ontario online casino provides a wide range of banking methods to ensure convenient and secure transactions for its players. These include credit and debit cards (Visa, MasterCard), e-wallets (PayPal, Skrill, Neteller), prepaid cards (Paysafecard), and bank transfers. >> Enjoy high paying slots at PlayOJO Most Popular Ontario Casino Games with the Best Payouts Ontario online
Get Your $25 No Deposit Bonus For October 21st
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JoeFortune Casino: The Best Australian Online Club
JoeFortune, which appeared in 2016, surprised the gaming community with a successful combination of top online pokies and table games with live and virtual dealers. The portal of the operator Ridley Media N.V. offered gamblers a profitable set of welcome bonuses for players on fiat and digital money. Here, you will find games of the best providers, the number of which has passed the 2nd ten. We recommend studying the information about JoeFortune casino on the website https://joefortunecasino-au.com/ in detail. There, experts have collected full information about the platform’s parameters. We will tell you about the most important criteria for which players love this gaming establishment in Australia. JoeFortune Casino Features for Beginners and Experienced Players Let’s start our review of the most trusted Australian online casino with the main advantages for beginners: A chance to get gaming experience in demo pokies without the risk of monetary losses Activation of welcome bonuses to save your own money Launch all types of entertainment on one platform Getting comprehensive data about each section through descriptions A chance to compare regular pokies with BTC slots On the part of experienced users, JoeFortune login will bring the following privileges: Playing in a legal club with a Curaçao license Real money saving due to a large selection of bonuses Chance to play pokies not only on AUD but also on digital currency Opportunity to compete for a progressive jackpot Access to live dealer games where you’ll unlock your potential Quick Newbie Registration and Login to JoeFortune Casino Our experts advise users who prefer to play for real money to register at JoeFortune. It is simplified to the maximum, allowing players from Australia to create an account within 1–2 minutes. This step will bring you closer to activating bonuses, participating in tournaments, and other drawings on the site. Online Casino Registration Steps Specialists of our project have compiled step-by-step instructions for registration in JoeFortune: Find the Join button at the top and click it. Enter your first and last name and date of birth. Create a 4-digit PIN code. Enter your mobile number and email. Create a password for your account. On the drop-down menu, set AUD. Enter your full residential address. Read the rules and agree to them. The process took us no more than 1 minute and about 2 minutes; we waited for the code from the SMS notification to confirm the mobile number. How to Sign in to an Account from Different Devices? Our site analysts have checked the login options to JoeFortune Casino from different devices. According to our data, there are no differences when trying to log in from a PC or mobile device. The procedure involved entering a login in the form of an email or phone number and the password that you created when registering from Australia. Remember that after clicking Login, the player also needs to enter the created PIN code from the account. Even if you don’t remember your JoeFortune accesses, use the recovery system by clicking Forgot Password and entering your email. Bonuses and Promotions JoeFortune: Maximize Profit The JoeFortune bonus system is based on enticing newcomers and retaining the existing audience. There are such offers: Welcome Bonus: 5 100% offers for deposits from 30 to 1,000 AUD, plus another 450 free spins on several top pokies Welcome Crypto Bonus: This bonus offers 5 cryptocurrency deposits of 150% up to 1,000 AUD + 450 free spins in the same gambling games To keep regular players from getting bored, they get access to the following bonuses: Weekly Deposit Bonus Crypto Bonus 125% Up to 187,5 AUD Card Bonus 100% Up to 150 AUD 20 AUD Joe’s Wheel of Fortune Up to 1 000 000 Comp Points 30 AUD Refer A Friend Up to 75 AUD 20 AUD Joe’s Free Spins Bonanza Up to 100 Free Spins every week 30 AUD Instructions for Activating JoeFortune Welcome Bonus The experts have compiled the steps to activate the JoeFortune welcome package for you: Register according to the tips above. Log in to your account with your login, password and PIN code. Enter the All Promotions section. Select a welcome package and follow the instructions. To activate the presentation, you need to deposit 30 AUD. Players from Australia should remember that the welcome package is available for fiat and digital money users. Online Casino Security: Can I Trust My Money? Relying on the investigations of our experts, the platform organizes safe and fair cash games in Australia. This is due to an official license, B2C-X5WN6RGV-1668/JAZ, issued on 30.10.2023. The site also fights against fraud and prevents the development of ludomania by allowing only Australians over 21 to play. Methods of Responsible Gaming at Online Casinos We have familiarized ourselves with the responsible gambling section and found different online gaming services to combat ludomania. These include deposit limits, cash loss limits, maximum bet levels, and self-exclusion. Customize these to protect yourself from the negative effects of pokies online. Source link
As Fliff faces pushback, CEO explains what platform offers
The social/sweepstakes sports-focused site is proving popular, but potentially polarizing. G.K., 20, resides in the Los Angeles area. On a recent Sunday, the college student clicked on an app where he maintains an account. He claims to have risked $250 on two NFL games, the same amount on a pair from Major League Baseball, and smaller sums on props. His activity is legal even though California prohibits sports betting. Of states that allow regulated betting, all but four have set the minimum age at 21. Under current law, what G.K. does between classes and homework is not considered wagering. “As a sports management major, I enjoy betting on sports but am not old enough to have accounts with official sportsbooks,” said G.K., who asked this his full name not be disclosed. “Fliff is then my best option.” Fliff company name pulled from short film In 2019, the founders of the website Fliff, based in Philadelphia and patronized by G.K., latched on to the hype generated by widespread legalisation of sports betting. They adopted a format that blends the experience into what is known as a social sportsbook using a sweepstakes model. Actual money is not required to participate — thus, no purchase necessary, meaning there is no “consideration.” So it does not run afoul of laws in most states. For the company name, the founders borrowed from a short animated film by a South Park writer. In it, a bar customer tossed around what he called “fliff money.” “A social gaming platform for sports fans” is how co-founder and CEO Matt Ricci described Fliff to Casino Reports. It was designed to “capitalize on the engagement of and excitement around sports betting but by building a product we thought would be better suited for the mass market.” Read the full story here. Casino Reports is an independently-owned publication dedicated to covering the regulated US onlinecasino/igaming industry, with news, features and original reporting on industry happenings, business, legislation, regulations and more. Source link
Why Chinese Are Rushing Into a ‘Casino’ Stock Market
They call China’s stock market a “casino,” yet they are rushing in. They are betting money that the government really does want to finally crawl out of the hole it has dug. They are speculating, looking for short-term gains, with a great degree of uneasiness. A flurry of policies by Beijing in recent weeks meant to stimulate the domestic economy has spurred China’s middle class to invest more in stocks, prompting the country’s biggest rally since 2008. In recent interviews, investors said that doing something, even putting their savings into a market full of risks, gives them a sense of control when their country seems to be going astray. They worry that the government is doing more to prime the market than to help the economy, but for now they are clinging to a familiar, bubbly feeling in an era of deflation. “We are all ‘garlic chives’ to be harvested by our ruler,” said Wang, a Beijing resident who said he invested more than $150,000. He invoked an online meme that says Chinese people are vegetables waiting to be plucked from the ground. “But if I take the initiative to participate in the market, at least I have some control over my destiny,” he said. Mr. Wang was one of 10 Chinese investors I interviewed last week, some by video and others by email and text message exchanges. All of them are professionals or business owners. They have money to invest but are not super rich. They all spoke on condition that I use only their surnames for fear of retribution. The government has censored articles and comments critical of its recent measures, which some said is contributing more to the market rally than it will to economic revival. China reinstituted stock trading in the early 1990s — part of the country’s economic reform experiment. Potential investors lined up for hours and sometimes days to get into the game. Now there are more than 200 million trading accounts in China’s stock market, and virtually all are for individual investors. But less than a quarter of those accounts are actively trading. China’s stock exchanges have not turned out to be wealth-generating venues for the Chinese public, who have largely avoided the market because it was so volatile. Because the stock market was heavily controlled, most of China’s most competitive companies were largely unable or unwilling to be listed in their home country. There was little correlation between the market’s performance and China’s economy. The SSE composite index of companies that trade in Shanghai peaked in 2007, far before China’s economic expansion reached its pinnacle. And it lacked China’s highly successful start-ups like Alibaba, which went public in New York in 2014, and Tencent, which listed its initial public offering in Hong Kong in 2004. Instead, people invested in real estate, which makes up about 70 percent of China’s household assets. While their wealth ballooned with rising housing prices, the government, which owns all land in the country, reaped most of the financial benefit. Now that the housing market has crashed, the government is luring people into the stock market. The investors I interviewed told me they know the risks they are taking in the market, but they feel they have no choice in a country where the government controls the land, the banks and which companies can list on the stock exchanges. “It’s even worse than a casino because a casino has rules, while our ‘casino’ has none,” Mr. Wang said. “Furthermore, the ‘owner’ of this casino can step in and play, and they can see our cards.” He said he knew the recent rally might be a “trap,” but he felt he had no choice. “This way, I can find a spot closer to the exit, so when it’s time to escape, I can run out faster than others,” Mr. Wang said. Another investor named Wang, from Shanghai, said he put money into Chinese stocks on Sept. 30. He summed up the prevailing sentiment among the people I talked to: People aren’t investing now because they trust, or have been fooled by, the government. “It’s just one bet where they’re willing to accept the outcome, win or lose,” he wrote in an email. A software engineer in Shanghai named An said he lost his job and stock options at an online education start-up after the government cracked down on the industry in 2021. Then an apartment he bought wasn’t getting built. When he and other fellow home buyers protested, he was detained by police. When the stock rally started in September, Mr. An said, his wife told him, “Let’s take a gamble.” They kept aside some cash for credit card debts and an emergency fund, and they invested the rest of their money, nearly 90 percent of their cash, into the market. That was more than $300,000. They are worried about inflation soaring over the next few years if Beijing does a big spending program. They reasoned that they might lose money either in the stock market or by doing nothing if inflation eroded the value of their savings. But what if they get lucky? Another investor I interviewed, Xie, is the founder of a small asset management firm in the eastern province of Shandong. He said he saw the rally as a rare investment opportunity. When Mr. Xie was in elementary school in the 1990s, both of his parents were laid off from their jobs at state-owned companies. They invested their savings in China’s brand-new stock market and experienced a lot of ups and downs. Mr. Xie started trading in college and started managing money for others in 2018. He sensed that government policy was shifting in early September and started building his positions in stocks, thinking there should be money to be made. But he was unsettled by the opportunism that has been overflowing on social media, where some claimed that the SSE index, which has been trading just above 3,000, would reach 10,000. He thinks the
MGTO vows probe over alleged casino entry charge
Tourism authorities have promised a probe after speculation recently emerged on mainland social media about a possible casino entry fee for visitors arriving on group tours. Maria Helena de Senna Fernandes, director of the Tourism Office, told the media on Sunday she was aware of the online allegation, saying follow-up action would be taken to see which party should be held liable. “If some local travel agencies are found to have spread misinformation, fines will be imposed as a primary punishment,” the official said. “Depending on the severity of the situation, it could potentially impact the renewal of licences for the travel agencies in question.” “Separate penalties would be meted out if unauthorised tour guides were found to have been involved,” she added. A recent thread posted to Xiaohongshu, an equivalent of Instagram, and viewed by Macau News Agency, said that MOP200 (US$25) was required to gain entry to Venetian Macao. The post, made this past weekend, has garnered considerable attention with over 530 comments drawn. Many mainland tours from further afield are usually gathered in Guangdong province before being taken to Macau, Fernandes further explained, adding that the Macau authorities have always been in contact with their Guangdong counterparts to address issues like the recent incident. The official also urged travellers to refrain from subscribing to low-budget tours, which she said were usually the source of such long-running issues. A Legislative Assembly committee is now studying the details of new legislation designed to combat what are generally described as “zero-cost” tours, whose operators could face a fine ranging between MOP50,000 (US$6,218) and MOP70,000. “Zero-fare” or low-cost tours often depend on tourists making purchases to generate commissions, which could result in coerced purchases or even disputes during the process. Source link
Top Features of Dafabet Casino India
When it comes to online casinos in India, Dafabet Casino has a lead in casino games and gives rewarding bonuses. Many players already know Dafabet for its sportsbook, but the casino section offers whole new dimensions of fun to the players of India. Let’s get into what makes Dafabet Casino special and why it’s likely to find much love among Indian players seeking a little more than simple sports betting. A Great Selection of Casino Games Dafabet Casino has something to suit every type of player, from table games to slots and live dealer games. Slots If you are one of those who love slots, then Dafabet has got you covered. You will get hundreds of slot games from the classic ones to the latest video slots. Some of the hottest titles on the website include Starburst and Gonzo’s Quest. The slots come complete with exciting themes, cool bonus features, and big payouts. Table Games More into strategy? Dafabet has several table games that cater to blackjack, roulette, and baccarat. Indian players will be delighted to see some related games like Teen Patti and Andar Bahar, which are deeply set in Indian cultural roots. Live Casino The platform also has its in-house live casino, where players will have the chance to play against real dealers in high definition. They offer live roulette, live blackjack, and live baccarat to join in. The authenticity of casinos lands right on your screen. Bonuses and Promotions Dafabet Casino is famous for its handsome bonus amount, which helps in attracting new players and retaining loyal players. Let us look into some of the bonuses that you could get. Welcome bonusOn every addition of a new player at Dafa bet Casino, there’s a huge welcome bonus provided; this is meant to give you a boost when you first start playing, hence more opportunity to explore more games without risking much of your real money.Reload BonusesDafa bet grants its frequent players reload bonuses in order not to let the game be no longer entertaining. That is, with each replenishment of the account, you can get some extra money or free spinsVIP ProgramDafabet also rewards player loyalty through a VIP program. A VIP status could bring special promotions for you, higher bet limits, faster withdrawals, and even an account manager assigned only to you. The more rewards you gain because of more playing. User-Friendly Experience Dafa bet Casino allows you to navigate with ease even the first time you visit. The website is relatively well-organized with categories that allow its users to find what they are looking for. Mobile Compatibility: The casino Dafabet is optimized for mobile use and allows playing your favorite games anywhere and anytime. Be it Android or iOS, the site functions smoothly on both and offers the same quality that would be experienced on the desktop.Availability of App: For players who would rather use apps, there is a casino app provided by Dafabet. It responds pretty fast and allows players easy access to all the games. You are also allowed to operate your account, deposit or withdraw money, and claim your bonuses using the application. Payment Options Catering to Indian Players How to withdraw and deposit cash safely is one of the biggest concerns for players from India. Dafabet Casino has made sure to include popular and convenient payment methods in India. UPI and PaytmBank Transfers and Credit CardsCryptocurrencies Secure and Trustworthy Platform Safety and security are the number one priorities at Dafa bet Casino. The website is fully licensed, and it uses advanced encryption technology to protect information provided by players. In this way, you can be confident that your gaming is secure, and all the data, along with funds, is safe. Moreover, Dafabet Casino promotes responsible gaming. They will provide you with tools for capping your expenditure, as well as your time on the website. You can even take a break or self-exclude if you feel so. Wrap Up: Why Choose Dafabet Casino in India? Dafabet Casino offers Indian players a complete online gaming experience. With a massive selection of games, convenient payment options, and generous bonuses, it’s the perfect platform for those seeking excitement and rewards. Whether you’re enjoying Teen Patti, trying out live dealer games, or taking advantage of the bonuses, Dafabet Casino ensures a smooth, secure, and fun-filled experience. Ready to get into the action? Join Dafa bet Casino today and see why it’s a top choice for players in India! Source link
GGRAsia – AGI to invest US$300mln in Boracay scheme with casino
AGI to invest US$300mln in Boracay scheme with casino Oct 21, 2024 Newsdesk Latest News, Philippines, Top of the deck   Alliance Global Group Inc (AGI), already an investor in the Philippines’ first large-scale casino complex, Newport World Resorts, said in a Monday filing that the group plans to “infuse” US$300 million in a casino to be built in Boracay, part of a real estate development. The update to the Philippine Stock Exchange said the group “plans to build its first casino within Megaworld’s Boracay Newcoast township,” a development for that Philippine holiday island (pictured in a file photo). The statement from Alliance Global added: “The project will be undertaken by AGI’s subsidiary, Boracay Newcoast Resorts Inc (BNRI) and will be smaller in size than its integrated resort and casino project, Newport World Resorts.” The parent added: “Given this, its prospective financial impact on BNRI and AGI would also be smaller as compared to that of Newport World Resorts.” “The group commits to infuse US$300 million to the project, in accordance with BNRI’s provisional licence” with the Philippine Amusement and Gaming Corp (Pagcor), the country’s casino regulator, said the company. The filing said Alliance Global was following up on a request from the Philippine bourse for comment from Alliance Global, on a news article titled “Kevin Tan eyes 150-hectare Boracay township for 1st casino outside Manila” posted on the InsiderPH news website on Saturday. That was a reference to comments by the chief executive of Alliance Global. In August, Alliance Global said Travellers International Hotel Group, its majority-owned unit controlling Newport World Resorts, had seen its second-quarter gross revenues rise 17 percent sequentially, to PHP10.9 billion (US$189.5 million). In the past, Macau casino operator Galaxy Entertainment Group Ltd had seen its name linked with a possible scheme for Boracay with a Philippine partner, but in October last year clarified it was not seeking such a move. Source link
Alliance Global Group to spend US$300 million on Boracay casino resort – IAG
Alliance Global Group (AGI), the parent company of Newport World Resorts operator Travellers International Hotel Group Inc, has revealed it will spend around US$300 million on its previously announced casino resort project in Boracay. The update formed part of the company’s response to a query from the Philippine Stock Exchange, which referenced local media reports that cited an earlier interview Inside Asian Gaming conducted with AGI CEO Kevin Tan. In that interview, Tan revealed that a casino in Boracay would be the company’s first expansion project outside of Newport World Resorts and would be located within subsidiary Megaworld’s 150-hectare Boracay Newcoast township. In Monday’s filing, AGI again confirmed the project and revealed the estimated cost would be US$300 million – to be developed under another of its subsidiaries, Boracay Newcoast Resorts, Inc (BNRI). The project “will be smaller in size than its Integrated Resort and Casino Project, Newport World Resorts,” the company explained. “Given this, its prospective financial impact on BNRI and AGI would also be smaller as compared to that of NWR. The Group commits to infuse US$300 million to the project, in accordance with BNRI’s provisional license with PAGCOR.” Tan recently revealed while delivering a keynote address at the IAG Academy Summit at Newport World Resorts in September that it would embark on another US$400 million casino-resort project within Megaworld’s Mactan Newtown township in Cebu. Source link
How Will The Opening Of Japan’s First Casino Resort Impact The Casino Industry?
The artificial Yumeshima Island in Osaka Bay has been chosen as the site for Japan’s first integrated casino and the Asian country is already on the verge of construction. In April 2023, Japanese authorities threw their full support towards the construction of the casino which will be part of a giant resort complex (5.3 million-square-foot) consisting of other facilities like a conference center, hotels, a museum, a shopping mall, ferry terminal, and a nearby helicopter pad. Now, the big question is, how the launch of this highly anticipated casino resort will influence the global casino industry. The Osaka Project Preparations are already underway for Osaka IR KK to start work at the site for the giant resort complex that will house the country’s first integrated casino. Many rumors have been spread about the humongous project but as experts from online-casinos.com have stated, the integrated casino venture will be spearheaded by MGM Resorts International (U.S. casino operator) and Orix Corp (a local partner), each holding a 40% stake in the firm charged with the responsibility of managing the upcoming complex The remaining 20% stake in the project is held by local firms including West Japan Rail, Osaka-based Panasonic, and Kansai Electric Power. A local government document revealed that 550 billion yen is expected to come from MUFG Bank and Sumitomo Mitsui Banking Corp as project financing targeted at the construction of the resort Possible Impact of the Casino Resort on the Casino Industry Japan is regarded as one of the biggest untapped casino markets in the Asian continent, thus, expectations are quite high. Stakeholders in the gambling landscape have predicted that the launch of Japan’s first integrated casino is going to have a huge impact on the global casino landscape. For one, Japan boasts an affluent population of approximately 126 million and is dubbed the 3rd largest economy in the world. If well harnessed, this populace will boost the number of casino enthusiasts on a global level. This is not to say that the Japanese have not been indulging in gambling activities all these years, however, the few that take to betting can only leverage offshore online casinos which is a limiting factor to others who don’t have access to such facilities. Besides, if Japan brings in a healthy portion of its 126 million population into the gambling industry, it goes without saying that global revenue generation will skyrocket. While the big rollers will keep the massive funds rolling in, the newbies and careful gamers who are usually the majority will form a huge pool of funds. In addition, Japan sits in close proximity to some of Asia’s wealthiest gamblers, especially high rollers from Macau China which is why it is regarded as a prized marketplace for the gambling business. Apart from having a huge part of Japan’s population involved in gambling, the resort is poised to boost tourism to the Asian country. According to prevailing reports, the Osaka resort is expected to receive around 20 million visitors every year and 6 million out of the 20 will be tourists from other parts of the world. Predictions for annual sales at the casino resort are pegged at ¥520 billion and out of this ¥520 billion, ¥420 billion is expected to accrue from gambling revenue. With that said, the integrated resort will not only bring economic benefits to its host region, it will impact the entire Japan and the global gambling landscape as a whole. Yumeshima where the casino resort is located is expected to be the host of the upcoming 2025 World Expo which will not only boost business for the region but will also create awareness about Japan’s first gambling facility. This may result in a larger influx of tourists and gaming enthusiasts in the future. When completed, this gambling hub may give Vegas a run for its money, and bettors who are jaded with the bright light of Las Vegas may find a breath of fresh air in Yumeshima. Talking about the local Japanese economy, the Yumeshima casino project is poised to improve it with massive job creation for thousands of people. It is also expected to reduce the number of unemployed people in the country. Expected Challenges from Japan’s First Casino Resort The plans to build Japan’s first casino resort are not without challenges as the people have expressed concern about the possible rise of criminal activities. According to their submission, the launching of the Yumeshima project may lead people into gambling addiction which results in crimes. However, the government has assured them of the strict rules that will be put in place to help curtail the problems. Osaka Gov. Hirofumi Yoshimura revealed that the requirements for entry will include passports and My Number (identification) cards. The entrance charge is going to be ¥6,000 (payable by both locals and foreign residents but not foreign visitors) which will not be easily affordable. Besides, family requests will be taken seriously and can bar some individuals from entry. Wrapping Up The launching of the first casino resort in Japan is expected to impact the gambling industry significantly. Being a lucrative and untapped market, the project will not only enhance revenue generation in the country but will boost the global collection from casino businesses. It is also expected to reduce the unemployment rate in the country, and boost tourism, and the influx of other businesses to the region. Source link
