Japan's Casino Gambling Looks Like It's a Go Again
The on-again, off-again nature of Japan's casino gambling push looks like it's back on again. A risky political maneuver by Prime Minister Shinzo Abe to hold early elections paid off handsomely as his Liberal Democratic Party (LDP) notched an overwhelming victory last Sunday and kept control of Japan's lower house by a two-thirds majority.
That means because the current session of the Diet doesn't end until Nov. 30, there's still enough time to pass the necessary legislation to make casino gambling a reality. Although it's said the public opposes the measure by as much as 2-to-1, the LDP is staunchly in favor of it as an economic boost to the country and its legislative gains will make passage easier.
Image source: Getty Images.
Source: Fool.com
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