• Subscribe
  • Magazines
  • About
  • Contact
  • Advertise
Wednesday 2 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

On the brink

Macau GGR continues recent resurgence by rising 19% year-on-year to MOP$21.1 billion in June

Tue 1 Jul 2025 at 12:52
Melco awarded 20-year license to operate City of Dreams Sri Lanka

Melco’s City of Dreams Sri Lanka casino and hotel to open on 2 August

Sun 29 Jun 2025 at 08:57
SunTrust becomes listed tourism business as Suncity releases first renderings of Manila hotel and casino project

Suntrust’s US$1.25 billion Manila casino development facing further delay of up to nine months

Fri 27 Jun 2025 at 05:46
Emperor Group to target Macau’s premium mass market after 2019 revenue decline

Emperor Entertainment sees Macau gaming segment’s revenue contribution rise in FY25 just as satellite casino era nears its end

Tue 24 Jun 2025 at 06:50
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
SABA
Mindslot
Solaire
Hann
Tecnet
NWR
Jumbo
568Win

Related Posts

Apollo completes acquisition of IGT gaming and digital businesses and Everi, new entity to trade under IGT name

Apollo completes acquisition of IGT gaming and digital businesses and Everi, new entity to trade under IGT name

by Ben Blaschke
Wed 2 Jul 2025 at 06:28

Asset management giant Apollo announced overnight that it has completed the acquisition of FinTech firm Everi Holdings and the Gaming and Digital businesses of International Game Technology (IGT). The two companies will be combined into a single enterprise operating under...

Aristocrat Gaming awarded license to develop MONOPOLY slot games globally

Aristocrat Gaming awarded license to develop MONOPOLY slot games globally

by Newsdesk
Wed 2 Jul 2025 at 06:21

Aristocrat Gaming has been granted the rights to develop MONOPOLY-branded slot games following the completion of a competitive RFP process, the company has revealed. The multi-year partnership with board game giant owner of the MONOPOLY brand Hasbro will come into...

Macau Legend says no concerns over ability to continue after reaching agreement with lenders to defer HK$2.1 billion in looming repayments

Macau Legend says no concerns over ability to continue after reaching agreement with lenders to defer HK$2.1 billion in looming repayments

by Ben Blaschke
Wed 2 Jul 2025 at 06:19

Macau Legend Development Ltd, owner and operator of Legend Palace and the Macau Fisherman’s Wharf precinct, says it has reached an agreement with lenders to defer payments on loans amounting to almost HK$2.1 billion (US$268 million) until late 2026, as...

Macau GGR comes in at MOP$18.9 billion in April, up 1.7% year-on-year

JP Morgan: Macau GGR surge seemingly sparked by direct VIP, ultra-premium mass gaming customers

by Ben Blaschke
Tue 1 Jul 2025 at 18:15

The unexpected resurgence of Macau gaming revenues over the past two months, which culminated in June GGR smashing consensus at 19% year-on-year growth, appears to have been supported by the performance of the high-end gaming segments, according to investment bank...



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