• Subscribe
  • Magazines
  • About
  • Contact
  • Advertise
Tuesday 22 July 2025
  • zh-hant 中文
  • ja 日本語
  • en English
IAG
Advertisement
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
  • 日本語
No Result
View All Result
IAG
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
  • 日本語
No Result
View All Result
IAG
No Result
View All Result

Wakayama sets 2024 as planned Japan IR launch date

Tomo Yamamoto by Tomo Yamamoto
Tue 29 Jan 2019 at 06:40
Wakayama sets 2024 as planned Japan IR launch date

Wakayama Marina City

21
SHARES
421
VIEWS
Print Friendly, PDF & Email

Wakayama Prefecture, which has been pushing forward in the race for IR selection, has announced that it plans to open in 2024 should it win one of the three IR licenses to be issued by the central government.

The location of the IR would be Wakayama Marina City, a location which already has an established infrastructure.

The prefecture is hoping to enjoy a bandwagon effect from the likely IR facility in Yumeshima that Osaka is favored to win and has earmarked JPY200 million (US$1.8 million) in next year’s budget for the proposal.

The Sankei Shimbun is reporting that, according to related sources, the budget includes outsourcing fees to research IR performance and financial matters.

The candidate location of Wakayama Marina City is not far from Kansai International Airport and boasts many attractive tourist spots nearby such as the Koyasan – a World Heritage Site – and the famous Shirahama Hot Springs. Aiming to open an IR at the same time as Osaka, Wakayama estimates an annual four million visitors with an anticipated economic ripple effect of JPY300 billion (US$2.75 billion).

The fact that Toshihiro Nikai, Secretary General of the Liberal Democratic Party, is a native of Wakayama is expected to give the prefecture’s proposal some leverage.

On the other hand, the geographical proximity to the favored candidate site of Osaka has been seen as a negative. However, the government’s IR Promotion Headquarters has indicated the view that geographic proximity would not be a problem, giving Wakayama motivation to keep pushing for their proposal.

We can expect that both Wakayama and Osaka will try to promote their “Kansai Two Top” formation as part of their IR selection pitch.

RelatedPosts

Genting presents New York casino proposal to Community Advisory Committee, described as state’s largest IR

Genting presents New York casino proposal to Community Advisory Committee, described as state’s largest IR

Tue 22 Jul 2025 at 05:21
Third time lucky? PH Resorts Group inks MOU with Philippine construction firm to finance, develop stalled Cebu resort

Emerald Bay developer PH Resorts Group looking to solve negative equity issue by increasing common stock, issuing to parent

Mon 14 Jul 2025 at 13:50
Internet casino in Tokyo’s Shinjuku shut down

Japan asks eight countries to block its citizens from gambling on online sites

Wed 18 Jun 2025 at 07:00

Sega Sammy chairman Hajime Satomi named in Japan’s Top 50 rich list

Tue 3 Jun 2025 at 12:04
Load More
Tags: integrated resortirJapanOsakaWakayama
Share11Share1
Tomo Yamamoto

Tomo Yamamoto

Born in Okayama, Japan in 1964, Tomo has covered horse racing, professional baseball, golf, boxing and more in his role as a sports writer. He first encountered casinos before Macau was returned to China in 1999. He has traveled to South Korea and Manila to cover events and scope out the local scene. He has studyied “How to get along with casinos,” a topic he learned of from Osaka University of Commerce.

Current Issue

Editorial – An inconvenient truth

Editorial – An inconvenient truth

by Ben Blaschke
Fri 27 Jun 2025 at 15:21

It’s understandable that political observers, academics and members of the public in greenfield jurisdictions would express caution around the legalization...

Light & Wonder’s Siobhan Lane

Light & Wonder’s Siobhan Lane

by Ben Blaschke
Fri 27 Jun 2025 at 15:19

Siobhan Lane, Light & Wonder’s highly experienced CEO of Gaming, speaks to Inside Asian Gaming about the company’s ongoing transformation...

Honesty is the best policy

Honesty is the best policy

by Ben Blaschke
Fri 27 Jun 2025 at 14:13

The Thailand Entertainment Complex Roundtable brought industry stakeholders, politicians and supporters of the government’s Entertainment Complex Bill face to face...

Sri Lanka’s casino industry

Sri Lanka’s casino industry

by Shaun McCamley
Fri 27 Jun 2025 at 13:36

Industry veteran Shaun McCamley delves into the complex history of Sri Lanka’s casino industry at a time when the country...

Evolution Asia
Your browser does not support HTML5 video.
Aristocrat
GLI
Nustar
SABA
Mindslot
Solaire
Hann
Tecnet
NWR
Jumbo
568Win

Related Posts

Sega Sammy Creation launches “Prosperity Peaks” dice game into Macau

Sega Sammy Creation launches “Prosperity Peaks” dice game into Macau

by Newsdesk
Tue 22 Jul 2025 at 15:47

Japan’s Sega Sammy Creation (SSC) has announced the first Macau installation of “Prosperity Peaks”, the latest addition to its successful series of Dice games. According to information from the company, “Prosperity Peaks” is designed for Asian players – retaining the...

Morgan Stanley: Macau’s peninsula IRs could claim some GGR share from closure of SJM’s satellites

Seaport raises Macau GGR forecast for second half of 2025, increases target price for almost all Macau-linked stocks

by Ben Blaschke
Tue 22 Jul 2025 at 06:49

Investment research firm Seaport Research Partners has upped its 2025 Macau GGR forecast and increased its price targets for almost all stocks on improved sentiment following a recent surge in gaming revenues in the world’s largest casino hub. In a...

Genting presents New York casino proposal to Community Advisory Committee, described as state’s largest IR

Genting presents New York casino proposal to Community Advisory Committee, described as state’s largest IR

by Ben Blaschke
Tue 22 Jul 2025 at 05:21

Genting Malaysia’s US subsidiary, Genting New York LLC, said Monday it had completed a key step in its pursuit of a full New York casino license after presenting its expansion plan for Resorts World New York City (RWNYC) to the...

PAGCOR’s Alejandro Tengco

Inside Asian Gaming launches new dedicated website for IAG EXPO at iagexpo.com

by Newsdesk
Mon 21 Jul 2025 at 16:11

Inside Asian Gaming, Asia’s premier B2B gaming industry media and events company, is pleased to announce the launch of brand-new dedicated website for the upcoming IAG EXPO, to be found at iagexpo.com. The IAG EXPO will take place at Manila’s Newport...



IAG

© 2005-2024
Inside Asian Gaming.
All rights reserved.

  • SUBSCRIBE FREE
  • NEWSFEED
  • MAG ARTICLES
  • VIDEO
  • OPINION
  • TAGS
  • REGIONAL
  • EVENTS
  • CONSULTING
  • CONTRIBUTORS
  • MAGAZINES
  • ABOUT
  • CONTACT
  • ADVERTISE
  • 日本語

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • 日本語
  • Subscribe
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
  • Events
  • Contributors
  • Magazines
  • Advertise
  • Contact
  • About
  • Home for G2E Asia

© 2005-2024
Inside Asian Gaming.
All rights reserved.

  • English
  • 日本語