Japan gambling law may be delayed, lawmaker says

    The much-awaited bill to legalize casinos in Japan may be delayed because of procedural issues,  the lawmaker spearheading the bill, Takeshi Iwaya, told the Financial Times. He also warned that international groups may struggle to win a license without taking on local partners.  “Of course we need foreign companies’ expertise and knowledge, but they may have trouble adapting to Japan’s particular characteristics,” Iwaya was cited as saying. “Ideally, foreign companies with rich expertise would join forces with Japanese groups.” He said there may be four resorts permitted with the potential to generate income of $19.5 billion.