According to local media, Japanese authorities will announce the extension of the application period for IR bids.<\/p>\n\n\n\n\n\n\n\n
Japan.- The Japanese government is likely to put back the application period for integrated resort bids by up to a year.<\/p>\n\n\n\n
Local media reports that the government is preparing to announce the postponement due to delays caused by the Covid-19 pandemic.<\/p>\n\n\n\n
Kyodo news agency says national authorities have decided to postpone the process until at least next autumn.<\/p>\n\n\n\n
The decision will put back the eventual opening of the complexes, which had been expected to complete in the middle of the decade.<\/p>\n\n\n\n
Prefectures that have already expressed their intention to bid are: Yokohama, Osaka, Wakayama and Nagasaki.<\/p>\n","protected":false},"excerpt":{"rendered":"
According to local media, Japanese authorities will announce the extension of the application period for IR bids.<\/p>\n","protected":false},"author":2,"featured_media":10776,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"The Japanese government is set to postpone the application period for Integrated Resort (IR) bids by up to a year, citing delays caused by the Covid-19 pandemic. This decision, reported by local media, will push back the eventual opening of these multi-billion-dollar gaming and entertainment complexes, originally anticipated for mid-decade. Prefectures like Yokohama, Osaka, Wakayama, and Nagasaki, which had expressed interest, will now face a revised timeline.","focusai_entities":"Japanese government, Kyodo news agency","focusai_location":"Japan, Yokohama, Osaka, Wakayama, Nagasaki","focusai_target_profile":"ceo_executive (0.9), regulator (0.9), compliance_legal (0.7), operator_casino (1.0), investor_analyst (1.0), supplier_vendor (0.8), journalist_researcher (0.9)","focusai_suggestions":[{"label":"IR Project Valuation Impact?","query":"What are the projected financial implications, including revised GGR forecasts and capital expenditure timelines, for potential IR operators and their investors due to this one-year delay in the application process?"},{"label":"Regulatory Framework Adaptations?","query":"How will Japanese authorities adapt the existing regulatory compliance and governance frameworks to accommodate the extended IR bid timeline, particularly concerning B2B\/B2C licensing and operational readiness?"}],"footnotes":""},"categories":[160,28,161,16338,154,158],"tags":[14017,473,470,225],"class_list":["post-10773","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-asia-pacific","category-casino-news","category-daily-news","category-east-asia-news","category-legislation-news","category-slider-home","tag-integrated-resort","tag-ir","tag-japan","tag-legislation"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/10773","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=10773"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/10773\/revisions"}],"predecessor-version":[{"id":10779,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/10773\/revisions\/10779"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/10776"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=10773"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=10773"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=10773"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}