WELCOME TO CRISISFORUMS.ORG!
(1) Please swing by our "HELP CENTER" to view our forum rules prior to commenting.
(2) Acknowledge that by commenting or posting, you take full responsibility for the content and message of the information you put forth, which do not necessarily reflect the opinions of this website.
(3) If you would like to post your own discussion threads, just contact one of the staff so we can verify you as a human.

4% of Japan's GDP Comes from Pachinko, a Form of Slot Machine-Like Gambling


Even before Shinzo Abe’s government opened the door to potential casino development in Japan, the nation’s gamblers wagered 23.3 trillion yen ($203 billion) on Pachinko and slot machines in 2015.

Even though that market is shrinking as the population ages and finds other forms of entertainment, and the amount bet is down by almost a third from the peak in 2005, it's still equivalent to about 4 percent of Japan's gross domestic product.

In addition to Pachinko and slot machines, you can legally bet on boat, horse and bicycle races, motorcycle speedway, and buy lottery tickets.

https://www.bloomberg.com/news/articles/2017-01-29/japan-is-a-gambling-hotspot-even-before-casinos



Comments

  • Matt_ADMIN_Matt_ADMIN_ Administrator
    This... is kind of seriously troubling when you really think about it
    -------------------
    "...Say, 'GOD is sufficient for me.' In Him the trusters shall trust." (Quran 39:38)
  • Farmer_Sean_DEP_Farmer_Sean_DEP_ Member, Moderator
    Nevada's gaming revenue in 2015 was apparently $10.6 Billion.  That includes Vegas and Reno.

    Japan takes in almost 20x as much in spite of being a country where most forms of gambling are banned.

    It's no surprise - there are pachinko parlors absolutely *everywhere* in Japan.  I live in an extremely rural area people in Tokyo think of as a rustic backwater, and there are dozens of huge pachinko places on the outskirts of every town, even the small ones.  These places have parking lots that rival those of supermarkets, which is quite the feat since there isn't much free space available in Japan.
Sign In or Register to comment.