ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

China shows why Asia's casino bubble was always doomed

Other Japanese cities should follow Yokohama's decision to walk away

| Japan
A croupier works at a gaming table at MGM Cotai Resort in Macau in February 2018: Japan is late to the party.   © AP

William Pesek is an award-winning Tokyo-based journalist and author of "Japanization: What the World Can Learn from Japan's Lost Decades."

The house always wins. Just not in Macao, where this gaming industry maxim is being turned on its head. A plunge in casino-related stocks has analysts pointing fingers, junket operators reeling and investors taking chips off the proverbial table.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more