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Akaba suggests possible delay to Japan’s IR application period

Tomo Yamamoto by Tomo Yamamoto
Thu 2 Jul 2020 at 05:24
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At a press conference on 30 June, Kazuyoshi Akaba, the Minister of Land, Infrastructure, Transport and Tourism, stated there would be a decision made on postponement of the application period for local governments to apply for an IR, including a casino, from January to July 2021 until a later date, once they had confirmed the intentions of local governments.

Akaba said, “While the COVID-19 pandemic is still spreading, we have been in contact with local governments intending to submit applications for a bid and confirming whether or not there will be issues with the scheduled application period of January to July 2021.”

Currently four regions have officially expressed their intent to bid: Osaka prefecture/city, Yokohama city, Wakayama prefecture and Nagasaki prefecture.

The application period is scheduled from 4 January to 30 July 2021, but the performance of overseas IR operators hoping to enter the Japanese market has declined due to COVID-19, and local government preparations have been delayed.

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Tags: Application periodcasinoirJapanKazuyoshi AkabaNagasakiOsakaWakayamaYokohama
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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.

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