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river spirit casino resort in tulsa oklahomaBut in the meantime, the groundwork has been set, with prefectures throughout Japan having begun the RFI (requests for information) process as they seek to become hosts to the new casinos.Learning from Past MistakesMeanwhile, gaming operators are chomping at the bit to gain a foothold in what is likely to become one of the biggest casino markets in the world.Last week, Caesars announced it had formed a heavyweight advisory committee that includes former US Senate Majority Leader Tom Daschle and former US Trade Representative Charlene Barshefsky to maximize its chances of procuring a license.Caesars missed out on Macau after the former Portuguese enclave opted to demonopolize its casino market in 2001, only to watch it grow into the biggest gambling hub in the world. Earlier this month, the Las Vegas Convention and Visitors Authority reported 42.2 million people ventured to Las Vegas last year, just missing out on the 2016 record of 42.9 million visitors.Sky’s the LimitMorgan Stanley predicts Las Vegas gaming revenues will rise over the next few years, but only at a rate in the low single digits. Failing that, it would be passed during a so-called “extraordinary” session in the fall.That means we could see the first integrated resorts up and running by 2024. little river casino phone numberDonald Trump’s recently approved tax cuts have been well-received by many large corporations, with several CEOs announcing bonuses for employees from the savings. Shinzo Abe’s re-election has strengthened the ruling coalition’s hand in the 2018 legislative session, which is good news for Japan’s casino bill. (Image: CNN)The legislative process in Japan was hindered late last year by Abe’s decision to call a strategic snap election in October, at a time when his popularity had rebounded from an all-time low over the summer and opposition was in disarray.The calculated gamble paid off, and the ruling coalition’s landslide victory, which gave it a super-majority in both upper and lower houses, should mean it can pass legislation this year with little resistance. seven feathers casino entertainment

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