The biggest companies in the casino industry are all excited about the Japanese casino market, which could generate $10 billion to $25 billion a year in gambling revenue, depending on which estimate you look at. It could cost $10 billion to build a resort in Japan, but with billions in revenue on the line, the upside may make it worth the investment.
This week, MGM Resorts (NYSE: MGM) and Las Vegas Sands (NYSE: LVS) set their sights on different cities in Japan. They're narrowing their options and placing their bets on what could be the biggest growth market in the casino industry for the next decade.
Image source: Getty Images.