日本

Japan places bet on Las Vegas-themed daycare to offset price of ageing crisis

Slot machines chatter; playing cards slide over green baize; chips pile up at the baccarat table. The average age in the room is 80 and, for Japan’s greying millions, it is time to embrace Las Vegas daycare.

The ersatz casino in the suburbs of Yokohama, windows blackened to heighten the atmosphere, has become a central part of the lives of local retirees.

For entrepreneurs, who have controversially opened as many as 60 such establishments across Japan in the past 12 months, the concept represents a potentially lucrative bet on the “silver yen” and the hefty government subsidies available for daycare.

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