Japan

Deferred: Osaka and Wakayama delay RFPs

Due to the ongoing coronavirus pandemic, both prefectures have decided to delay the selection of a private-sector partner, a necessary step in order to make a bid for one of Japan’s first three integrated resort licences. Osaka and Wakayama prefectures have opted to postpone the administrative groundwork necessary to make a bid for one of the country’s first three integrated resort ...

Read More »

Delayed Plans for Establishment of Japanese Integrated Casino Resorts Affect Local Government’s IR Policy

The coronavirus pandemic has had a massive effect on the liberalization of the Japanese gambling sector, as it has brought uncertainty in the Government’s project to establish integrated casino resorts in the country. As CasinoGamesPro already reported, the Government of Japan had planned to officially open the facilities in the mid-2020s. However, the authorities were forced to delay the adoption of a basic policy that would ...

Read More »

Wakayama’s IR bout

IAG takes a look at how Wakayama prefecture is responding to concerns over an IR development by local opposition groups. Ever since it was decided that integrated resorts would grace the islands of Japan, the “casino” part of the equation has sparked active debate. The fact that casinos represent the driving engine of IRs is the main issue all of Japan’s ...

Read More »

Japan IR survey shows ongoing willingness to invest but strong push to postpone selection processes due to COVID

A survey by the Japan IR Association (JIRA) to study the impact of COVID-19 on the nation’s IR development has found that two-thirds of respondents cite no change to their desire to participate in Japan’s integrated resort business. However, a majority believe the current schedule for IR development should be postponed for at least a year. According to the results ...

Read More »

MGM Resorts not ‘all-in’ on Osaka IR investment: Hornbuckle

MGM Resorts CEO and President Bill Hornbuckle says the company is not ‘all-in’ on plans to develop an integrated resort in Osaka as it prepares to resume negotiations over its Japanese investment. While MGM remains hopeful of continuing on its Japanese journey, Hornbuckle was circumspect on the conditions that would make such an investment feasible as the industry emerges from ...

Read More »

Nagasaki prefecture’s operator recruitment may be delayed with Japan’s Basic Policy

Nagasaki Governor Hodo Nakamura has warned that the prefecture’s Request for Proposal (RFP) could be delayed due to uncertainty over when the central government will release its IR Basic Policy. It had been expected that the country’s Basic Policy would be drafted and published by 26 July, two years after the promulgation of the IR Development Act, but as reported ...

Read More »

Nagasaki might consider delaying RFP process: report

Japan’s Nagasaki prefecture might consider delaying the start of its request-for-proposal (RFP) process for a tilt at hosting a casino resort scheme. That is according to media reports. Nagasaki Shimbun reported that Nagasaki governor Hodo Nakamura mentioned the possibility at an event on Tuesday. The official reportedly added a potential delay was linked to the fact that Japan’s national so-called basic policy ...

Read More »

OPINION: Japan’s IR projects require capital AND expertise

Japan’s nascent casino industry is unlikely to achieve its full revenue potential and may even struggle to get off the ground if the country’s regional governments partner with underqualified applicants whose enterprises are unable to receive capital markets financing and who lack meaningful knowledge developing and operating successful integrated resorts. Competition is heating up for what is to be a ...

Read More »

Las Vegas Sands Could Reenter Japan Integrated Resort Casino Race

Japan’s forthcoming commercial gaming industry was dealt a serious blow when Las Vegas Sands -– considered the world’s preeminent casino operator -– announced in May it would no longer be making a bid for one of the three integrated resort (IR) licenses. Billionaire Sheldon Adelson might not be completely out of the Japanese casino discussion. Joji Kokuryo, managing director of ...

Read More »

Nagasaki prefecture to launch RFP as early as July

Nagasaki prefecture’s regular prefectural assembly was held on 26 June where it was concluded not to wait for the country’s basic IR policy draft to be finalised before proceeding with the prefecture’s Request for Proposal (RFP) process. As a result, Nagasaki’s RFP process could be launched as soon as July. According to the Nagasaki Shimbun, the prefecture initially stated its RFP request ...

Read More »

Investors still keen on Yokohama IR bid: officials

International casino operators are still interested in pursuing an integrated resort (IR) scheme in Japan’s Yokohama city, said some of the city’s leading officials. The local government also confirmed that it had no plans to change its schedule regarding the process to identify possible private-sector partners for its tilt at hosting a casino resort, despite the delays caused by the Covid-19 pandemic. The comments ...

Read More »

Nagasaki and Osaka Continue Attempts To Become Official IR Japan Candidates

The Integrated Resort of Japan has been planned for some time, but has faced many delays in the previous months. The country is still looking to push the project through new casino venues which will see three local cities become richer. The present state of affairs is in favour of Nagasaki and Osaka who have already lodged their project applications. Nagasaki ...

Read More »

Osaka RFP Likely To Be Suspended Amid COVID-19

The global gambling industry has been struck hard by COVID-19, and Japan gaming has not been spared. Seemingly, the virus is here to stay; Nagasaki, one of the leading contenders to host a new casino resort, has decided to move forward with its plans to start receiving applications from private-sector businesses looking to get involved in the fledgling market. While the prefecture ...

Read More »

Prefectures of Nagasaki and Osaka Still Interested in Hosting Integrated Casino Resorts Despite Recent RFP Phase Delays

The authorities in the Nagasaki prefecture in Japan have revealed that they still intend to launch this summer the request-for-proposal (RFP) process aimed at identifying and assessing possible private-sector partners that are fit to operate an integrated casino resort. According to the governor of Nagasaki, Hodo Nakamura, the prefecture authorities hope that they would be able to select a partner by the winter of 2020. ...

Read More »

Nagasaki Prefecture pushing ahead with integrated casino resort plan

In Japan and the government for Nagasaki Prefecture has reportedly announced that it still intends to have completed the request for proposal (RFP) stage of its plan to secure one of the nation’s coming trio of integrated casino resort licenses by the end of this year. According to a Wednesday report from GGRAsia, the southern jurisdiction proclaimed that it aims ...

Read More »

Nagasaki Government Pushing Forward with Casino Plans, Seeks IR Partner by Winter

Officials in the Nagasaki prefecture will start the request-for-proposal (RFP) process for an integrated resort (IR) this summer, with hopes of choosing a casino partner this coming winter. Nagasaki governor Hodo Nakamura (center) celebrates winning a second term on Feb. 2, 2014. Nagasaki officials want to win one of three IR licenses available in Japan, which will allow the construction ...

Read More »

Nagasaki targeting summer RFP launch as explanatory meetings with operators conclude

The three-week Request for Proposal (RFP) explanatory meeting period hosted by Nagasaki with its candidate IR operators has come to an end, with the prefecture telling Inside Asian Gaming, “Many face-to-face meetings were held right up to the last day and we exchanged some very meaningful opinions.” The current plan, according to Nagasaki Governor Hodo Nakamura, is to start the RFP ...

Read More »

Nagasaki pushes forward with IR dreams, Osaka still on hold

If and when Japan is able to finally move forward with its plans to allow three integrated resorts (IR) to appear on the horizon, the prefectures of Osaka and Nagasaki are expected to be at the top of the list of potential candidates. Both came out the gate strong, highly motivated and determined to reach the finish line in record ...

Read More »

Osaka postpones RFP schedule for second time due to COVID-19 impact

Osaka prefecture and city announced on Tuesday that the deadline for submission of Request for Proposal (RFP) documentation by operators has been extended again, with the new deadline to be determined once details of the national government’s basic policy have been revealed. The decision represents the second time this year the RFP process has been delayed, having previously been pushed ...

Read More »

Nagasaki eyes summer start on casino RFP, partner by winter

Japan’s Nagasaki prefecture still intends to start “in summer” a request-for-proposal (RFP) process to identify possible private-sector partners for the local government’s tilt at hosting a casino resort. By “winter” this year it hopes to have selected a partner, according to Nagasaki’s governor Hodo Nakamura, cited in a memo to GGRAsia from the Integrated Resort Promotion Division of the Nagasaki prefectural government In ...

Read More »