Casino legalization in Japan is Asian gamings most wanted rule change, given that casinos in mainland China casinos are an impossible dream. Even after more than a quarter century of recession and stagnation, Japan is still the worlds fourth largest economy between India and Germany offering a sizable domestic market of 125 million with a penchant for other forms of gambling. Japan is also an attractive tourist destination that the government hopes integrated resorts will enhance. But legislation passed last month was just the first step in a process that promises to be as lengthy and as uncertain of a winning outcome as this first step was. Prime Minister Shinzo Abe has supported casino legalization since his first stint as Japans leader a decade ago. Rather suddenly in the final quarter of last year, power politics, personalities and a lack of other pressing business aligned in favor of Abe finally expending some of his political capital on casinos. The bill passed with support of Abes ruling Liberal Democratic Party and conservative opposition party Nippon Ishin no Kai rooted in Osaka, where IR enthusiasm runs high among local elected officials, while LDPs Buddhist based coalition partner Komeito and the main opposition Democratic Party voted again casino legalization. Opponents say that casino legalization will add to Japans problem gambling. Japanese currently wager an estimated US$30 billion, more than revenue in Macau last year , on horse, boat and bicycle racing plus local passion pachinko, evolved from a version of pinball to predominantly slot machine play for cash payouts, unofficially tolerated with a nudge and a wink.
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The report did not make an assessment on whether Russia's attempts affected the election's outcome. Trump accused U.S. intelligence agencies of leaking the dossier information, which he called "fake news" and phony stuff." Intelligence leaders denied the charge. RUSSIAN RELATIONS In the interview with The Times, Trump was also critical of Russia's intervention in the Syrian civil war, which along with the help of Iran, has tilted the conflict in President Bashar al-Assad's favor. Trump said Putin's intervention in Syria was a very bad thing that had led to a terrible humanitarian situation. The war has killed more than 300,000 people, created the world's worst refugee crisis and aided the rise of the Islamic State militant group. On NATO, Trump repeated his view that the military alliance was obsolete but added it was still very important for him. I took such heat, when I said NATO was obsolete," Trump told The Times, speaking of comments during his presidential campaign. "Its obsolete because it wasnt taking care of terror. I took a lot of heat for two days.
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