• Subscribe
  • Magazines
  • About
  • Contact
  • Advertise
Thursday 10 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
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
No Result
View All Result
IAG
No Result
View All Result

Japan IR submission deadline likely to be extended by six to 12 months, impacted by Macau re-tendering timeline

Ben Blaschke by Ben Blaschke
Fri 28 Aug 2020 at 06:56
Lost in translation
57
SHARES
1.2k
VIEWS
Print Friendly, PDF & Email

Japan’s national government will almost certainly extend the timeline for submissions to develop one of the country’s first integrated resorts by between six and 12 months, according to Yokohama-based consultant Joji Kokuryo.

But a proposed two-year extension is almost certainly off the table – for now at least – with the looming re-tendering process for casino licenses in Macau to influence any decisions made in Japan.

The prospect of Macau’s own licensing concerns impacting Japan was raised during the sixth edition of IAG’s GAME online business platform on Thursday night, which saw IAG CEO Andrew W Scott and Bay City Ventures Managing Director Joji Kokuryo discussing the topic of “Japan: where to now.”

Among the most pressing issues facing development of Japan’s IR industry is the timeline, which had called for the government’s Basic Policy to be released by 26 July this year and submissions by local governments and their chosen operator partners to be made between January and July 2021.

With the Basic Policy still nowhere to be seen and COVID-19 slowing the process for interested localities, it is expected the national government will now extend the timeline for submissions with Kokuryo tipping an extension of up to 12 months.

“The deadline for the national submission was originally the end of July next year, and at this rate we are not going to hit that date – it’s not a very viable date considering that there is still no national policy,” he said.

“So the next logical question is how long is the extension going to be? There has to be a logic on that front. A lot of people are saying two years, but let’s think about what’s happening in Macau in two years – the concession retendering.

“If you have operators that work in both markets (such as MGM, Galaxy and Melco Resorts), it’s part of their whole business plan. If these are the operators the Japanese government wants to bring then it would be in their best interest to make sure it doesn’t overlap with something that is already a heavy burden on these companies.”

With the current timeline providing unreasonable time pressures and a two-year extension providing no added benefit to any new jurisdictions that may want to enter the race, Kokuryo said an extension of six to 12 months made most sense.

“The idea of a two-year extension I would scrap, so realistically I think we are looking at six months or a year for the extension,” he said.

Scott noted, however, that this could change if Macau itself also delayed its re-tendering process – a growing possibility given the impact of COVID-19 and a lack of information from the Macau government on the proposed re-tender process.

“Legislatively, Macau could extend the current concessions for up to another five years,” he said. “If this was to happen it might give Japan some leeway in their process too.”

RelatedPosts

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
Japan’s Dynam reopens 101 pachinko halls after some closure requests lifted

Dynam Japan continues pachinko hall rationalization as revenues fall again in FY25

Tue 27 May 2025 at 06:45
Two-day Japan IR Online Forum to start today

Japanese said to have gambled US$45 billion on illegal overseas betting sites in 2024

Fri 23 May 2025 at 05:51
Load More
Tags: Basic PolicyGameInside Asian GamingirJapanJoji KokuryoSubmission deadlinetimeline
Share28Share3
Ben Blaschke

Ben Blaschke

A former sports journalist in Sydney, Australia, Ben has been Managing Editor of Inside Asian Gaming since early 2016. He played a leading role in developing and launching IAG Breakfast Briefing in April 2017 and oversees as well as being a key contributor to all of IAG’s editorial pursuits.

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

PhilWeb falls to US$10.5 million loss in FY24 on asset impairments

Century Entertainment signs joint venture agreement to develop gaming system platforms for Asia-Pacific markets

by Newsdesk
Thu 10 Jul 2025 at 06:22

Century Entertainment International Holdings Ltd has announced the formation of a joint venture with Philippines-based World Platinum Technologies Inc (WPT) with the goal of conducting research, development, marketing and sales of WPT’s gaming system platforms and related content in the...

Macau GGR hits new post-pandemic high of MOP$20.8 billion in October

Citi: Macau industry EBITDA likely to have grown by 3% in 2Q25

by Ben Blaschke
Thu 10 Jul 2025 at 05:46

Investment bank Citigroup believes the 8% year-on-year growth in gaming revenues generated by Macau’s casino operators in the June quarter will translate to 3% industry EBITDA growth – somewhat tempered by an unfavorable revenue mix due to a rebound in...

Thailand’s casino bill officially on hold after House votes to remove it from agenda

Thailand’s casino bill officially on hold after House votes to remove it from agenda

by Ben Blaschke
Thu 10 Jul 2025 at 05:42

Thailand’s controversial casino bill is officially off the House agenda after members voted in favor of its withdrawal on Wednesday. Local media outlet The Nation reported that the vote took place after two hours of debate, with 253 votes in...

Macau government says ratio of local staff employed by concessionaires in middle and senior positions now at 90%

Macau government says ratio of local staff employed by concessionaires in middle and senior positions now at 90%

by Pierce Chan
Wed 9 Jul 2025 at 19:46

Around 90% of the middle and senior staff of Macau’s six concessionaires are now local employees, the government has revealed. According to information made public by Secretary for Economy and Finance Tai Kin Ip during a plenary session of the...



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

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
  • 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