16+ CR GTD
Header banner - Nostra Poker
Pokersaint - Lead
Public Gambling In Japan Gets Major Boost With 36% Rise In Boat Racing Gambling

Public Gambling In Japan Gets Major Boost With 36% Rise In Boat Racing

by Donna Amo Posted on 06 Apr, 2021

Recently, the Japan Motor Boat Racing Association revealed that they saw a huge increase in sales and users during the year 2020. An annual report showed the sales had peaked at an impressive JPY 2.09 Trillion (USD 19 Billion). This was a 35.7 percent increase from the previous year. The total number of transactions were 378.2 Million, recording 8.2 percent increase in 2020.

This rise in revenue has been mainly credited to the widespread internet usage during the COVID-19 pandemic. The move from offline gambling to a better accessible online gambling format gave the gambling industry in the country a boost. It was also reported that the inflow from the pachinko/pachislot industry contributed to the growth as well.

ALSO READ: Could AI Curb Addictive Gambling?

The 2020 report is the first time that the annual sales for boat races have broken the JPY 500 Billion (USD 4.5 Billion) mark in 28 years. The last time this happened was in 1992 when sales reached JPY 2.08 Trillion (USD 18.9 Billion).

However, while the 2020 numbers are quite impressive, the highest record was set in 1991 where the sales soared to JPY 2.2 Trillion (USD 19.9 Billion). Along with this, the Japan Racing Association has also reported a 3.5 percent increase in sales in 2020 with JPY 2.9 Trillion (USD 26.3 Billion). The sales in 2021 have also been reported to start out in a similar remarkable fashion.  

This gives us a glimpse into Japan’s lucrative gambling market. Regulated by the government of Japan, the industry was one of the few in the country and around the world that benefited from the COVID-19 pandemic.

For more news and updates keep reading  GutshotMagazine.com. Follow us on our social media handles like FacebookInstagram, and Telegram.

Nostra Poker Play2Earn 50K Leaderboard offer

Tagged : 

More News

MGM Resorts Bids $11 Billion For UK Gambling Group Ladbrokes
6 Jan,2021 

UK Gambling Group Entain Plc Rejects MGM Resort...

Casino in Japan
24 Apr,2019 

Japan to tackle problem gambling before opening...

Online Gambling Regulations In Tamil Nadu Still Under Review
20 Nov,2020 

Online Gambling Regulations In Tamil Nadu Still...


Leave a Reply

Your email address will not be published. Required fields are marked *

Dangal box

Top 10 Poker Rooms

  • Natural8

    Sign-up code "GUTSHOT"
    Offer: 200% bonus up to $1,000 or $100 in instant rewards Register

  • 9stacks

    Instant withdrawal; 100% locked bonus on first deposit
    Offer: "9GUTSHOT" Register

  • PokerSaint

    60-seconds withdrawal; 100% locked bonus on first deposit
    Offer: "GUT100" Register

  • Poker Dangal
    Poker Dangal

    INR 500 Free on sign-up; (425 Locked, 75 Instant)
    Offer: 150% on first deposit up to INR 5,000 Register

  • Spartan Poker
    Spartan Poker

    Sign-up with "GUTSHOT"
    Offer: "GUT300X" to get 300% on your deposit Register

  • Nostra Pro
    Nostra Pro

    Use Code "KING500"
    Offer: 100% Instant Poker Cash Back Register


    Sign-up with "GSBLZ"
    Offer: Make your 1st Deposit of INR 200 & GET 1000 in return! Register

  • Poker Tempo
    Poker Tempo

    Rs. 50 Instant Bonus, Rs. 50 Locked Bonus, No code required!
    Offer: 1 Ticket to 5000 GTD FREEROLL every Monday @ 7PM Register

  • Calling Station
    Calling Station

    Instant withdrawal; Use “RELOAD20” on deposits for 20% locked bonus
    Offer: "GUTSHT" Register

  • PokerStellar

    INR 500 Free (225 Instant + 275 Ticket) on KYC Verification
    Offer: 150% Upto 5,000 + 20% Instant Bonus Register

Pokersaint box banner

Want to share your thoughts about poker?

Then click the button to submit your article.

Facebook + Follow

Instagram + Follow

Natural8 GGSF LiveX Flipout Banner

Natural8 GGSF LiveX Flipout Banner