• Subscribe
  • Magazines
  • About
  • Contact
  • Advertise
Monday 18 August 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
  • 中文
  • 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
  • 中文
  • 日本語
No Result
View All Result
IAG
No Result
View All Result

IR revenue to be split by population between four special wards, according to Osaka Metropolis plan

Newsdesk by Newsdesk
Wed 11 Dec 2019 at 06:50
Osaka ramps up IR preparations
19
SHARES
445
VIEWS
Print Friendly, PDF & Email

A legal conference to discuss the Osaka Metropolis plan system, which will eliminate Osaka city and reorganize it into four special wards, was held on Tuesday where Osaka Ishin (Initiatives from Osaka) and the Komeito (Clean Government Party) parties aligned.

Next, a vote will be held at the legal conference on 26 December, where it is sure to pass, as Ishin and Komei parties make up the majority of constituents. There is an increasing possibility of holding a referendum in November 2020, which will be the second since 2015 when both Osaka prefecture and city governmental assemblies were adjourned by vote.

A proposal to divide the anticipated annual JPY70 billion in revenue from an IR, assuming Osaka’s IR bid is successful, between the four special wards equally was presented. Of this JPY70 billion, half is expected to be paid to the special wards, which will be divided equally by population.

These talks may be a little premature, but the IR candidate site, Yumeshima, will be part of Shinyodogawa Ward in the “Osaka Metropolis”. In the draft, the populations of the new Shinyodogawa, Kita, Chuo and Tennoji Wards are set to be 600,000, 750,0000, 710,000 and 640,000 people, respectively.

Furthermore, the prefecture seems to be united in the fronts of enhancement of problem gambling countermeasures, police and fire forces, as well as Yumeshima infrastructure.

RelatedPosts

Korea’s Mohegan Inspire to open foreigner-only casino this Saturday

Mohegan recognizes US$77.6 million gain after losing operational control of Korean resort INSPIRE as discussions around exposure risks continue

Fri 15 Aug 2025 at 06:28
Resorts World Manila changes name to Newport World Resorts

Mass gaming growth, lower expenses help Newport World Resorts grow 2Q25 EBITDA by 21% quarter-on-quarter

Thu 14 Aug 2025 at 14:41
Travellers Group set to take majority equity position in development of Manila’s LETX hotel and casino to pave completion roadmap, planned to become operator upon launch 

Travellers Group set to take majority equity position in development of Manila’s LETX hotel and casino to pave completion roadmap, planned to become operator upon launch 

Tue 12 Aug 2025 at 09:59
Improved Okada Manila performance not enough to push Japan’s Universal Entertainment Corp back to profit in 2021

Japan’s Universal falls to US$69 million loss in 1H25 on Okada Manila underperformance

Sun 10 Aug 2025 at 12:56
Load More
Tags: casinoirJapanOsakaYumeshima
Share8Share1
Newsdesk

Newsdesk

The IAG Newsdesk team comprises some of the most experienced journalists in the Asian gaming industry. Offering a broad range of expertise, their decades of combined know-how spans multiple countries across a variety of topics.

Current Issue

Editorial – Better late than never

Editorial – Better late than never

by Ben Blaschke
Thu 31 Jul 2025 at 07:13

Inside Asian Gaming has in recent weeks been hearing increasing chatter around a possible move by Vietnamese authorities to introduce...

Angel’s Yasushi Shigeta

Angel’s Yasushi Shigeta

by Ben Blaschke
Thu 31 Jul 2025 at 07:08

Yasushi Shigeta, Chairman and owner of one of the world’s largest gaming industry suppliers, Angel Group, sits down with Inside...

The Magic Number

The Magic Number

by David Bonnet
Thu 31 Jul 2025 at 06:41

In this in-depth deep dive into the evolution of the Asian gaming landscape, David Bonnet argues that many regional jurisdictions...

Rashid Suliman – A road well traveled

Rashid Suliman – A road well traveled

by Ben Blaschke
Thu 31 Jul 2025 at 02:45

Rashid Suliman, Vice President of Global Gaming Asia-Pacific for casino solutions provider TransAct Technologies, provides some insight into his unique...

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

Related Posts

Udenna subsidiary given US$42.5 million cash advance to complete first Philippines IR outside Manila

PH Resorts Group derecognizes almost US$400 million in property, financial liabilities linked to failed Emerald Bay project in Cebu

by Ben Blaschke
Mon 18 Aug 2025 at 06:03

Troubled PH Resorts Group, the former developer of stalled Cebu integrated resort Emerald Bay, said Friday it had derecognized the property as well financial liabilities associated with it after failing to repurchase the IR from its main lender under a...

Macau’s first indoor golf club, MyGolf Macau, opens at Lisboeta Macau

Macau’s first indoor golf club, MyGolf Macau, opens at Lisboeta Macau

by Pierce Chan
Mon 18 Aug 2025 at 05:28

Cotai-based non-gaming resort Lisboeta Macau has become home to the city’s first indoor golf simulator following the launch of MyGolf Macau. At a grand opening ceremony held Friday, co-founders Herman Chong and Joe Sit said MyGolf Macau presented highly realistic...

Genting Malaysia to form part of new merged entity taking full ownership of New York’s Empire Resorts

Genting Malaysia to eliminate Empire Resorts debt via sale and lease back agreement for non-gaming assets of New York’s Resorts World Catskills  

by Ben Blaschke
Mon 18 Aug 2025 at 05:14

Genting Malaysia has announced plans to sell off a raft of non-gaming assets associated with its Resorts World Catskills (RWC) integrated resort in New York state, and subsequently purchase the land upon which those facilities sit, in a move designed...

Sands China maintains 1H25 dividend levels despite “competitive nature” of Macau market eating into revenue, profit

by Ben Blaschke
Mon 18 Aug 2025 at 04:50

Sands China Ltd on Friday declared an interim dividend of HK$0.25 per share, equivalent to the final dividend issued earlier in the year despite reporting a decline in revenue and profit for the period. In a filing, the company explained...

Your browser does not support the video tag.


IAG

© 2005-2025
Inside Asian Gaming.
All rights reserved.

  • SUBSCRIBE FREE
  • NEWSFEED
  • MAG ARTICLES
  • VIDEO
  • OPINION
  • TAGS
  • REGIONAL
  • EVENTS
  • CONSULTING
  • CONTRIBUTORS
  • MAGAZINES
  • ABOUT
  • CONTACT
  • ADVERTISE
  • 中文
  • 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
  • 中文
  • 日本語
  • Subscribe
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
  • Events
  • Contributors
  • Magazines
  • Advertise
  • Contact
  • About
  • Home for G2E Asia

© 2005-2025
Inside Asian Gaming.
All rights reserved.

  • 中文
  • English
  • 日本語