• Subscribe
  • Magazines
  • About
  • Contact
  • Advertise
Friday 6 June 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

Wakayama announces IR implementation policy, plans to open in 2026

Tomo Yamamoto by Tomo Yamamoto
Mon 11 Jan 2021 at 18:56
Why not Wakayama?

Wakayama

28
SHARES
689
VIEWS
Print Friendly, PDF & Email

Wakayama prefecture has announced its implementation policy for an integrated resort bid.

According to the policy, the point of an IR in the prefecture is to become a pillar of regional revitalization, requiring, “an IR from which significant economic and employment effects can be expected and that can attract customers from within Japan in order to further develop the prefecture.”

The proposed concept remains a resort with a focus on sports and wellness. The policy calls on operators to take advantage of the waterfront location, hot springs, food culture and other local resources Wakayama is known for and create a sea resort that maximizes these strengths. The idea is to provide a relaxing experience with nature-oriented attractions that can’t be found in the city.

The prefecture also hopes to become a new travel gateway for the Kansai area in an effort to contribute to the national government’s goal of 60 million foreign tourists to Japan, tourist consumption of JPY15 trillion, and 130 million overnight stays by 2030.

Wakayama’s candidate area is 23.61 hectares in Marina City of Kemi, Wakayama City, with an initial operation period of 40 years. While the local government is requesting creative, private sector concepts for the design, it must also harmonize with the Japan heritage site, Wakayama-no-Ura, and the building must be symbolic and advanced.

Other requirements include MICE facilities, facilities that add value, customer PR and concierge services, at least 100,000 square meters of accommodation and a casino comprising no more than 3% of the entire IR floor area.

Regarding countermeasures for problem gambling, the policy also mentions strategies for eliminating harmful influences, for example hiring an addiction expert, introduction of an IR card system, the inclusion of police facilities and increasing the number of police officers to prevent crime and maintain a “good and safe” entertainment environment.

The central government announced its national Basic Policy on IRs on 18 December. Wakayama city and the prefectural Public Safety Commission subsequently held a joint session to decide on the local Implementation Policy. The next step for the region will be a priority candidate selection in Spring. The prefecture will apply for regional certification by 28 April of next year, with a goal of opening an IR property in 2026.

At this stage, Hong Kong’s Suncity Group and Canadian investment firm Clairvest are the only two confirmed candidates.

RelatedPosts

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
Okada Manila recognizes Earth Hour with eco-friendly initiatives

Japan’s Universal falls to US$52 million loss in 1Q25, outlines plan to promote new online gaming platform at Okada Manila

Thu 15 May 2025 at 05:56
Load More
Tags: ClairvestirJapanSuncity GroupWakayamaWakayama Marina City
Share11Share2
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 – Foreigner-only casinos: Seize the day

Editorial – Foreigner-only casinos: Seize the day

by Ben Blaschke
Thu 29 May 2025 at 13:38

I was recently asked by someone working at a foreigner-only casino for my thoughts on the outlook for the Asian...

On the brink

On the brink

by Pierce Chan
Thu 29 May 2025 at 13:27

The transition period for Macau’s 11 satellite casinos is set to expire at the end of this year, after which...

A moral defense of gambling

A moral defense of gambling

by Andrew Russell
Wed 28 May 2025 at 18:19

Economist Andrew Russell explores the differences between community benefit and in-principle arguments for the existence of a legal gambling industry...

Face to face

Face to face

by Ben Blaschke
Wed 28 May 2025 at 18:08

Konami caught the eye at the recent G2E Asia show in Macau with its SYNK Vision Tables, which utilize facial...

Evolution Asia
Aristocrat
GLI
Mindslot
Mindslot
Solaire
Hann
Tecnet
Nustar
Jumbo

Related Posts

Hong Kong Chief Executive claims to have discussed “travel bubble” with Macau

Over 90% of Hong Kong residents support introduction of basketball betting as 50% net revenue tax proposed

by Pierce Chan
Fri 6 Jun 2025 at 19:10

The Hong Kong government has completed a public consultation on the legalization of basketball betting, with 94% of respondents supporting the introduction of the new betting option and proposing that 50% of net betting revenue be allocated as gambling tax....

Chief Gaming Officer Damian Quayle to depart SJM, take up role as COO of Manila’s Solaire Resort North

Chief Gaming Officer Damian Quayle to depart SJM, take up role as COO of Manila’s Solaire Resort North

by Ben Blaschke
Fri 6 Jun 2025 at 12:55

Macau’s SJM Resorts has announced the impending departure of its Chief Gaming Officer, Damian Quayle, who has resigned from the role. Inside Asian Gaming understands that Quayle, whose final day with SJM will be on 20 June, has accepted a...

Australia’s Crown sells London casino to Wynn Resorts

Wynn completes purchase of former Crown London casino, now called Wynn Mayfair

by Newsdesk
Fri 6 Jun 2025 at 06:56

US casino giant Wynn Resorts Ltd said overnight that it has completed the purchase of Crown London, formerly Aspinall’s, from Australia’s Crown Resorts. The casino will now be known as Wynn Mayfair. First announced in early January, the acquisition of...

SkyCity to file US$200 million claim against developer for long delays in completion of Auckland convention centre

SkyCity to file US$200 million claim against developer for long delays in completion of Auckland convention centre

by Newsdesk
Fri 6 Jun 2025 at 06:41

New Zealand’s SkyCity Entertainment Group Limited will file legal proceedings against the developers of its New Zealand International Convention Centre (NZICC) seeking NZ$330 million (US$200 million) damages for losses arising from delays to completion of the project. The company noted...



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
  • 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

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

  • 中文
  • English
  • 日本語