{"id":12709,"date":"2020-12-14T23:05:40","date_gmt":"2020-12-14T23:05:40","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=12709"},"modified":"2026-04-23T23:12:26","modified_gmt":"2026-04-24T02:12:26","slug":"yokohama-releases-draft-ir-policy","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/yokohama-releases-draft-ir-policy","title":{"rendered":"Yokohama releases draft IR policy"},"content":{"rendered":"\n

The document states that the proposed resort must include an international convention centre, hotels and other non-gaming areas.<\/p>\n\n\n\n\n\n\n\n

Japan.- The Yokohama prefecture has published a draft implementation policy and recruitment guidelines for its integrated resort bid.<\/p>\n\n\n\n

The draft outlines the role of the chosen casino operator and the procedure for potential private partners to submit their proposals to the city\u2019s IR operator selection committee.<\/p>\n\n\n\n

The policy states that the resort must have an international conference hall, non-gaming facilities and privately-operated hotels.<\/p>\n\n\n\n

The policy also includes rules that will apply if an operator experiences financial difficulties. It also demands the company make efforts to revitalise the local economy and tourism industry.<\/p>\n\n\n\n

The policy will be discussed further at a council meeting, after which symposiums and briefings will be held to inform residents about the project.<\/p>\n\n\n\n

Yokohama is one of the locations in the race for one of three casino licences Japan’s central government plans to issue in 2022. Genting Singapore<\/a><\/em><\/strong> is one of the potential private partners that has already expressed interest in the project.<\/p>\n\n\n\n

The prefecture recently named former finance minister Eisuke Sakakibara as head of the committee<\/a><\/em><\/strong> that will decide on the private operator for its integrated resorts bid. The committee includes seven experts from various fields.<\/p>\n","protected":false},"excerpt":{"rendered":"

The document states that the proposed resort must include an international convention centre, hotels and other non-gaming areas.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Yokohama Prefecture has released its draft implementation policy and recruitment guidelines for its Integrated Resort (IR) bid, detailing requirements for non-gaming facilities, economic revitalization, and the operator selection process. This development is crucial for potential private partners like Genting Singapore, as Japan prepares to issue three casino licenses in 2022. The policy outlines governance frameworks and operational expectations for the chosen casino operator.","focusai_entities":"Genting Singapore, Eisuke Sakakibara, Yokohama prefecture, Japan's central government","focusai_location":"Japan, Yokohama","focusai_target_profile":"ceo_executive (0.95), regulator (0.9), compliance_legal (0.85), operator_casino (0.98), investor_analyst (0.95), supplier_vendor (0.8), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Financial Stability Clauses","query":"What are the specific financial stability clauses and capitalisation requirements outlined for potential IR operators, and how will these be assessed by the selection committee?"},{"label":"Economic Impact Metrics","query":"Beyond general revitalization, what specific key performance indicators (KPIs) will Yokohama employ to measure the IR's contribution to local economy and tourism, and what are the enforcement mechanisms for these mandates?"}],"footnotes":""},"categories":[16338,156,158],"tags":[473,470,909],"class_list":["post-12709","post","type-post","status-publish","format-standard","hentry","category-east-asia-news","category-regulation-news","category-slider-home","tag-ir","tag-japan","tag-yokohama"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/12709","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=12709"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/12709\/revisions"}],"predecessor-version":[{"id":12728,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/12709\/revisions\/12728"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=12709"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=12709"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=12709"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}