Skip to main content

Foreign casino operators are looking to push back against what could become stringent regulations in Japan's newly minted casino industry, Reuters reported Monday. 

A Japanese advisory panel held its final meeting on rules Monday, proposing a limit of 15,000-square meters for casino floor space and curbs on entry by Japanese nationals. 

Japan had a contentious debate over allowing gambling in the country, with the side against legalized gambling pointing to the social cost of the vice industry. 

Casino executives argued that the 15,000 square meter cap could limit foreign investment and neutralize the economic impact of resorts. 

Scroll to Continue

TheStreet Recommends

Las Vegas Sands Corp. (LVS) - Get Las Vegas Sands Corp. Report shares were up 0.75% to $61.74 in morning trading while MGM Resorts International (MGM) - Get MGM Resorts International Report shares climbed 0.27% to $33.23.

More of What's Trending on TheStreet: