• Subscribe
  • Magazines
  • About
  • Contact
  • Advertise
Monday 28 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
  • 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

Osaka to accept submissions from new IR operator candidates until 6 April

Tomo Yamamoto by Tomo Yamamoto
Mon 22 Mar 2021 at 06:04
2021: Japan IR – Crunch time
26
SHARES
639
VIEWS
Print Friendly, PDF & Email

Osaka has announced revisions to its IR Implementation Policy which will see the city and prefecture accept submissions from new applicants until 6 April 2021.

The decision to open the door for more applicants comes after Osaka revised its IR Implementation Policy in February to include the potential for phased openings of integrated facilities, starting from the late 2020s. Authorities said Friday that the decision to allow new applicants was to ensure “fairness” in the process, which has changed as a result of delays to Japan’s IR selection timeline brought about by COVID-19.

However, it will no doubt be concerning to MGM Resorts and its local partner ORIX which not only remains Osaka’s only current candidate but was also the only one to have complied with the RFP criteria by the original deadline.

Regardless of whether any additional operators provide submissions to enter the Osaka race by 6 April, the local government plans to leave the door ajar for final RFP documents to be provided until July with an operator to be selected around September. With the consent of both city and prefectural councils, Osaka then plans, along with its chosen partner, to apply in April 2022 to the national government for an IR property. If approved, it is anticipated the operator will break ground sometime after 2023.

Osaka insisted it had made this latest decision in consideration of operators who have been hit hard by the COVID-19 pandemic. However, a requirement for its operator partner to build a world-class IR that exceeds the national standard remains unchanged in Osaka’s implementation policy. This includes exhibition facilities covering 100,000 square meters, of which 20,000 must be complete by opening, expanding to 60,000 square meters within 15 years and 100,000 square meters within the initial operation period of 35 years, as stipulated by the national government.

The full scale of hotel accommodations, also set at 100,000 square meters, must meet the national standard at time of opening.

Of the other locations vying for one of the three licenses, on Friday Nagasaki completed its latest selection round, narrowing the number of candidates from five to three. Wakayama and Yokohama are the other locations to have confirmed their intention to apply.

RelatedPosts

STDM-run casino among five concessions up for grabs in Portugal as government launches tender process

STDM-run casino among five concessions up for grabs in Portugal as government launches tender process

Mon 28 Jul 2025 at 05:54
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

Tue 22 Jul 2025 at 06:49
Star to open AU$3.6 billion Queen’s Wharf Brisbane development on 29 August

Star’s Hong Kong partners said to be eying Crown Resorts to run casino at Queen’s Wharf Brisbane if takeover talks succeed

Fri 18 Jul 2025 at 11:11
Melco awarded 20-year license to operate City of Dreams Sri Lanka

Bollywood star pulls out of City of Dreams Sri Lanka opening but flagship event to continue as planned

Fri 18 Jul 2025 at 05:51
Load More
Tags: casinoirJapanMGM ResortsOsakaRequest for proposal
Share10Share2
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

Macau’s SJM to close satellite casino Grandview this Wednesday

Macau’s SJM to close satellite casino Grandview this Wednesday

by Pierce Chan
Mon 28 Jul 2025 at 11:36

SJM Resorts will terminate the operations of one of its satellite casinos, Casino Grandview, this Wednesday 30 July, the company has announced, explaining that the earlier than expected closure was related to internal business planning and commercial considerations. Gaming tables...

Ainsworth completes first Philippines installations of new A-Star slots cabinet

Independent Expert says Novomatic’s US$104 million Ainsworth takeover proposal is “fair and reasonable”

by Ben Blaschke
Mon 28 Jul 2025 at 06:02

An Independent Expert tasked with assessing a plan by European gaming giant Novomatic to assume full control of Australian supplier Ainsworth Game Technology (AGT) has described the scheme as “fair and reasonable”. Despite vocal opposition by a smaller shareholder block,...

Death by a thousand cuts

Probity concern for Star as NSW regulator said to be wary of Bally’s takeover plan

by Ben Blaschke
Mon 28 Jul 2025 at 05:58

The NSW casino regulator is said to hold concerns over the planned takeover of embattled Star Entertainment Group by US casino operator Bally’s Corp, promising to run a close eye over its strategy to reverse Star’s flagging fortunes. According to...

STDM-run casino among five concessions up for grabs in Portugal as government launches tender process

STDM-run casino among five concessions up for grabs in Portugal as government launches tender process

by Ben Blaschke
Mon 28 Jul 2025 at 05:54

The Portuguese government has launched a public tender to award licenses for the operation of five casinos in three areas – Algarve, Espinho and Póvoa de Varzim – for the next 15 years. The Póvoa de Varzim casino concession is...

Your browser does not support the video tag.


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