postponement of the application period<\/a><\/em><\/strong> for local governments to develop integrated resorts in the country has raised concerns among the candidate cities and prefectures.<\/p>\n\n\n\nThe Japanese government has officially announced that the window for applications will be put back by nine months, from January \u2013 July, 2021, to October 1, 2021 \u2013 April 28, 2022 due to the Covid-19 pandemic.<\/p>\n\n\n\n
The central government expects to publish its delayed Basic Policy on IRs after a new round of public consultation that concludes on November 7 this year.<\/p>\n\n\n\n
The draft currently includes infectious disease countermeasures, rules on the taking and storing of minutes from meetings between government officials and operators, and greater efforts to prevent problem gambling and addiction.<\/p>\n\n\n\n
Currently, Osaka city and prefecture, Yokohama city, Wakayama prefecture and Nagasaki prefecture have announced they will make formal bids for one of the three IR licences that will be available. <\/p>\n\n\n\n
In Yokohama city, the delay will give more time to opponents of the project, who have become increasingly vocal. Mayor Hayashi, who strongly supports the project, will face reelection on August 29, 2021, before the application period begins.<\/p>\n\n\n\n
Wakayama’s governor Yoshinobu Nisaka, has expressed regret and \u201cdeep dissatisfaction” with the delay. <\/p>\n\n\n\n
Osaka is also disappointed since, if successful, it had hoped to open its IR in time for when it hosts the World Expo in 2025, which now seems unlikely.<\/p>\n\n\n\n
However, Governor Hirofumi Yoshimura of Osaka Prefecture said it was a \u201creasonable decision.\u201d The Osaka Metropolis Plan will be voted upon on November 1.<\/p>\n","protected":false},"excerpt":{"rendered":"
The period for IR applications has been put back by nine months<\/p>\n","protected":false},"author":2,"featured_media":10808,"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 has postponed the Integrated Resort (IR) application period by nine months, shifting the window to October 2021 \u2013 April 2022 due to the Covid-19 pandemic. This delay has elicited mixed reactions from candidate cities and prefectures, impacting their project timelines and raising concerns about political implications and the revised Basic Policy on IRs.","focusai_entities":"Mayor Hayashi, Yoshinobu Nisaka, Hirofumi Yoshimura, Japanese government, Osaka city and prefecture, Yokohama city, Wakayama prefecture, Nagasaki prefecture","focusai_location":"Japan, Osaka, Yokohama, Wakayama, Nagasaki","focusai_target_profile":"ceo_executive (0.9), regulator (0.95), compliance_legal (0.85), operator_casino (0.95), investor_analyst (0.9), supplier_vendor (0.75), journalist_researcher (0.8)","focusai_suggestions":[{"label":"IR Project Viability?","query":"What is the projected impact of this nine-month delay on the financial viability and anticipated ROI for prospective IR operators, considering increased carrying costs and extended revenue realization timelines?"},{"label":"Regulatory Framework Evolution?","query":"How might the inclusion of infectious disease countermeasures and enhanced governance rules in the Basic Policy influence the operational and compliance burden for future IR licensees?"}],"footnotes":""},"categories":[160,28,161,16338,158],"tags":[12436,14017,473,470],"class_list":["post-10806","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-slider-home","tag-casinos","tag-integrated-resort","tag-ir","tag-japan"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/10806","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=10806"}],"version-history":[{"count":5,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/10806\/revisions"}],"predecessor-version":[{"id":10823,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/10806\/revisions\/10823"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/10808"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=10806"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=10806"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=10806"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}