Japan IR Timeline Update

There is no need to rush to introduce a buil t-in resort (IR). This endlessly complicated procedure has reached a very important stage, in which the ward authorities select an IR management provider for general competitive bidding. It is expected that three of the four cities in Osaka, Yokohama and Nagasaki will select an IR management partner from June to October. The fourth candidate, Vakiga City, accepted a partnership with the Clarebest Consortium in early June.

In real time, the Japanese government has formulated a cooperation project for local governments in prefectures and municipalities to select IR management businesses and obtain national approval. The formation project must be represented by the state government until April 28, 2022. In other words, the applicant and his partner will actually solidify their intentions in about six months, so the appropriate year of February to March will start declaring the district recommendation, and after late April. We recommend that you consult with the government.

One of the most important updates in the IR development procedure in the sunshine is on April 2, 2021 by the Japan Casino Gambling Regulation Adjustment Committee, and the types of games allowed in licensing and casino floors. Given the main concerns about. Regarding the license, almost all of them were derived from the claims presented to Gambling providers in Nevada. In fact, as for the game, the Games of the Asian market, the games of electric slot machines that cover the Baccalas, Blackjack, Poker, Roulett, Chickbo, Claps, Casinow Fair, Pigu, electric table top desktops. I entered the list. As a license request, the game, but a bit confusing in the country. The size of important reference information is far beyond the expectations of ordinary Japanese companies. Of course, these markets, such as Nevada and New Jersey, know that they have established a very high stereotype on tests for their career and suitability for work, so this is the people who work in the industry. That's not a great thing. For example, before the advantages of the goal of freezing the world's most regulated gambling market in the world, the normative act plan was a necessary step to actually explain in such a way. < SPAN> There is no need to hurry to introduce a buil t-in resort (IR). This endlessly complicated procedure has reached a very important stage, in which the ward authorities select an IR management provider for general competitive bidding. It is expected that three of the four cities in Osaka, Yokohama and Nagasaki will select an IR management partner from June to October. The fourth candidate, Vakiga City, accepted a partnership with the Clarebest Consortium in early June.

In real time, the Japanese government has formulated a cooperation project for local governments in prefectures and municipalities to select IR management businesses and obtain national approval. The formation project must be represented by the state government until April 28, 2022. In other words, the applicant and his partner will actually solidify their intentions in about six months, so the appropriate year of February to March will start declaring the district recommendation, and after late April. We recommend that you consult with the government.

One of the most important updates in the IR development procedure in the sunshine is on April 2, 2021 by the Japan Casino Gambling Regulation Adjustment Committee, and the types of games allowed in licensing and casino floors. Given the main concerns about. Regarding the license, almost all of them were derived from the claims presented to Gambling providers in Nevada. In fact, as for the game, the Games of the Asian market, the games of electric slot machines that cover the Baccalas, Blackjack, Poker, Roulett, Chickbo, Claps, Casinow Fair, Pigu, electric table top desktops. I entered the list. As a license request, the game, but a bit confusing in the country. The size of important reference information is far beyond the expectations of ordinary Japanese companies. Of course, these markets, such as Nevada and New Jersey, know that they have established a very high stereotype on tests for their career and suitability for work, so this is the people who work in the industry. That's not a great thing. For example, before the advantages of the goal of freezing the world's most regulated gambling market in the world, the normative act plan was a necessary step to actually explain in such a way. There is no need to rush to introduce a buil t-in resort (IR). This endlessly complicated procedure has reached a very important stage, in which the ward authorities select an IR management provider for general competitive bidding. It is expected that three of the four cities in Osaka, Yokohama and Nagasaki will select an IR management partner from June to October. The fourth candidate, Vakiga City, accepted a partnership with the Clarebest Consortium in early June.

In real time, the Japanese government has formulated a cooperation project for local governments in prefectures and municipalities to select IR management businesses and obtain national approval. The formation project must be represented by the state government until April 28, 2022. In other words, the applicant and his partner will actually solidify their intentions in about six months, so the appropriate year of February to March will start declaring the district recommendation, and after late April. We recommend that you consult with the government.

One of the most important updates in the IR development procedure of the sunshine is on April 2, 2021, the issue of the Japan Casino Gambling Regulation Adjustment Committee, and the types of games allowed on the license claim and the casino floor. Given the main concerns about. Regarding the license, almost all of them were derived from the claims presented to Gambling providers in Nevada. In fact, as for the game, the Games of the Asian market, the games of electric slot machines that cover the Baccalas, Blackjack, Poker, Roulett, Chickbo, Claps, Casinow Fair, Pigu, electric table top desktops. I entered the list. As a license request, the game, but a bit confusing in the country. The size of important reference information is far beyond the expectations of ordinary Japanese companies. Of course, these markets, such as Nevada and New Jersey, know that they have established a very high stereotype on tests for their career and suitability for work, so this is the people who work in the industry. That's not a great thing. For example, before the advantages of the goal of freezing the world's most regulated gambling market in the world, the normative act plan was a necessary step to actually explain in such a way.

If you look at the real space where the election is being held, you'll see that nothing is actually happening. In order to organize this hardly understanding violent theory, Osaka is a more familiar place for people other than the sunshine. General competitive bidding to select IR operators in Osaka has been going on for more than a year, and ORIX / MGM Resorts is the only candidate. This breakdown is largely due to the spread of Cobid 19. Osaka is one of the smallest regions in the prefecture with the number of Cobid positive. The area is still facing the financial and social impact of the closure of companies and secondary education institutions.

In February this year, Osaka Prefecture reviewed the request for IR maintenance and resumed additional orders. The deadline for the new order was only one and a half months, and the other business candidates may have been notified of the resumption of transactions in advance, but the deadline in March was not changed and the current consortium was not changed. I was greeted. However, in the process, these demands were increased, such as the possibility of an exhibition facility ste p-b y-step opening and the setting of the minimum level of arrangement standards required by the state government. These are far from the request of a major gaming carrier that gave up the IC installation in Osaka and assigned $ 182 million to the expansion of steel roads. In comparison, at least $ 128 million for regional promotion applied by Nagasaki Prefecture includes the entire transportation infrastructure, MICE, inbound tourism promotion, and gambling addiction measures. Of course, Osaka is considered a big market, so this story may be apple and orange, but there is no sufficient impact because there is only one applicant. If the order of ordering to the country is approaching, and if you look at the real space where the election is being held with Osaka, you will see that nothing is actually happening. In order to organize this hardly understanding violent theory, Osaka is a more familiar place for people other than the sunshine. General competitive bidding to select IR operators in Osaka has been going on for more than a year, and ORIX / MGM Resorts is the only candidate. This breakdown is largely due to the spread of Cobid 19. Osaka is one of the smallest regions in the prefecture with the number of Cobid positive. The area is still facing the financial and social impact of the closure of companies and secondary education institutions.

In February this year, Osaka Prefecture reviewed the request for IR maintenance and resumed additional orders. The deadline for the new order was only one and a half months, and the other business candidates may have been notified of the resumption of transactions in advance, but the deadline in March was not changed and the current consortium was not changed. I was greeted. However, in the process, these demands were increased, such as the possibility of an exhibition facility ste p-b y-step opening and the setting of the minimum level of arrangement standards required by the state government. These are far from the request of a major gaming carrier that gave up the IC installation in Osaka and assigned $ 182 million to the expansion of steel roads. In comparison, at least $ 128 million for regional promotion applied by Nagasaki Prefecture includes the entire transportation infrastructure, MICE, inbound tourism promotion, and gambling addiction measures. Of course, Osaka is considered a big market, so this story may be apple and orange, but there is no sufficient impact because there is only one applicant. If the order to the country is approaching the country, you will see that nothing is actually happening if you look at the real space where Osaka begins to be held with Osaka. In order to organize this hardly understanding violent theory, Osaka is a more familiar place for people other than the sunshine. General competitive bidding to select IR operators in Osaka has been going on for more than a year, and ORIX / MGM Resorts is the only candidate. This breakdown is largely due to the spread of Cobid 19. Osaka is one of the smallest regions in the prefecture with the number of Cobid positive. The area is still facing the financial and social impact of the closure of companies and secondary education institutions.

In February this year, Osaka Prefecture reviewed the request for IR maintenance and resumed additional orders. The deadline for the new order was only one and a half months, and the other business candidates may have been notified of the resumption of transactions in advance, but the deadline in March was not changed and the current consortium was not changed. I was greeted. However, in the process, these demands were increased, such as the possibility of an exhibition facility ste p-b y-step opening and the setting of the minimum level of arrangement standards required by the state government. These are far from the request of a major gaming carrier that gave up the IC installation in Osaka and assigned $ 182 million to the expansion of steel roads. In comparison, at least $ 128 million for regional promotion applied by Nagasaki Prefecture includes the entire transportation infrastructure, MICE, inbound tourism promotion, and gambling addiction measures. Of course, Osaka is considered a big market, so this story may be apple and orange, but there is no sufficient impact because there is only one applicant. The order deadline for the country is approaching, with Osaka

Wakayama, in southern Kansai, adjacent to Osaka, has been at the forefront of progress, for better or worse. The early start of the open competitive bidding process last spring, in the midst of the first global wave of Covid, left the city with few options. One was from Suncity Group, which operates Macau junkets and resorts in Hoi An, and the other from Canadian investment firm Clairvest. As a result, Suncity withdrew from the bid, citing Covid-19 as the main reason, but the time that has passed since the licensing framework was announced leaves a lot of room for speculation. But on June 1, Wakayama Prefecture chose Clairvest, a new partner with no track record yet.

Yokohama, a major city south of Tokyo, has also had a rather difficult road. Genting and Melco Resorts are confirmed as finalists for an IR, but no one knows whether the IR bid will continue after the mayoral election in August. Each party has yet to decide on a candidate, and even incumbent Mayor Fumiko Hayashi, whose IR promotion has drawn criticism from local residents, has not declared her intention to run for reelection. If the election results in a pro-IR mayor, one of these two major operators could line up to work with the city. Conversely, if an anti-IR mayor wins, Yokohama's IR bid will end with the first round. Only time will tell what will become of this large IR market.