The development of casino gaming in Japan would benefit the gaming industry worldwide by providing new and innovative ideas in terms of product design and the implementation of technology.
That’s the opinion of Raymond Chan, co-founder and CEO of gaming technology company, TGG Interactive, ahead of this week’s Japan Gaming Congress, to be held from 10 to 11 May at the Grand Hyatt in Tokyo.
Pointing to the potential for a market worth US$40 billion annually, Mr Chan said, “Japan has been preparing itself as potential gaming hub in Asia for a long time and it is the third largest economy in the world.
“There’s no doubt that the local economy will benefit and more importantly, we are expecting innovative ideas and creativity added into the gaming industry from Japan due to its very strong cultural background and long tradition in innovative product design and marketing.”
Mr Chan will be appearing on a panel this week titled, “Opportunities for local prefectures and Japanese firms” and said the event promises to provide valuable insight for both gaming executives and local Japanese politician and stakeholders as to how Japanese IRs might evolve.
“I believe the Japan Gaming Congress will serve as a bridge, connecting the local Japanese market to the international gaming stage, as such, it will be vital to both local and international stakeholders,” he said. “By bringing together gaming experts, talented games designers, thought leaders and regulators I believe it will prove invaluable as Japan enters a new era of legalized gaming following the approval of the Integrated Resort Promotion Bill.”