{"id":14029,"date":"2021-02-01T14:53:45","date_gmt":"2021-02-01T14:53:45","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=14029"},"modified":"2026-04-23T22:11:20","modified_gmt":"2026-04-24T01:11:20","slug":"yokohama-to-set-aside-us3-4m-for-casino","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/yokohama-to-set-aside-us3-4m-for-casino","title":{"rendered":"Yokohama to set aside US$3.4m for casino"},"content":{"rendered":"\n<p><strong><em><a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/yokohama-continues-to-promote-ir-bid\" target=\"_blank\">The city of Yokohama<\/a><\/em><\/strong> will dedicate the funds to a resorts development plan, the search for a private partner and public promotion of the property.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Japan.- <strong>Yokohama City has announced its draft budget<\/strong> for the 2021 financial year in which it reveals plans to <strong>set aside JPY360m (US$3.4m) for the city&#8217;s planned integrated resort.<\/strong><\/p>\n\n\n\n<p>The funds, designated to the Urban Development Bureau, would <strong>finance the resorts development plan as well as Yokohama&#8217;s<em><a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/yokohama-starts-rfp-to-select-partner-for-ir-bid\" target=\"_blank\"> request-for-approval process<\/a><\/em><\/strong> to select a private operator partner.<\/p>\n\n\n\n<p><strong>Research on infrastructure and transport access<\/strong> will also be <strong>financed by the budget.<\/strong><\/p>\n\n\n\n<p>In addition, <strong>a large proportion of the funds is expected to be used to promote public understanding of the planned casino resort<\/strong> after a number of groups have lobbied against it.<\/p>\n\n\n\n<p><strong><em><a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/opposition-increases-to-japans-integrated-resorts-plans\" target=\"_blank\">Yukio Edano<\/a><\/em><\/strong>, head of the Casino Problem Countermeasures HQ, <strong>criticised Yokohama City\u2019s decision to reject public calls for a&nbsp;<em><a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/yokohama-council-rejects-ir-referendum\" target=\"_blank\">referendum<\/a><\/em><\/strong>&nbsp;on its intended bid to host an IR.<\/p>\n\n\n\n<p>The opposition&nbsp;<strong>mayoral candidate<\/strong>&nbsp;for the city,&nbsp;<strong><a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/who-is-yokohamas-anti-casino-mayoral-candidate\" target=\"_blank\">Masataka Ota<\/a><\/strong>, has said he will run his campaign on an&nbsp;<strong>anti-casino&nbsp;<\/strong>ticket.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The city of Yokohama will dedicate the funds to a resorts development plan, the search for a private partner and public promotion of the property.<\/p>\n","protected":false},"author":2,"featured_media":14046,"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 City has allocated JPY360m (US$3.4m) in its 2021 draft budget for its integrated resort development, covering operator selection, infrastructure research, and public promotion. This allocation proceeds despite significant public opposition and a mayoral candidate campaigning against the IR bid, highlighting ongoing political and social challenges to the project.","focusai_entities":"Yokohama City, Yukio Edano, Casino Problem Countermeasures HQ, Masataka Ota","focusai_location":"Japan, Yokohama","focusai_target_profile":"ceo_executive (0.9), regulator (0.8), compliance_legal (0.7), operator_casino (1.0), investor_analyst (0.9), supplier_vendor (0.8), journalist_researcher (0.9)","focusai_suggestions":[{"label":"IR Project Funding Impact","query":"What are the specific governance implications of Yokohama City's decision to allocate funds for IR development despite significant public opposition and a mayoral candidate campaigning on an anti-casino platform?"},{"label":"Operator Selection Timeline","query":"How might the allocated JPY360m budget accelerate or de-risk the request-for-approval process for selecting a private operator partner for the Yokohama integrated resort?"}],"footnotes":""},"categories":[160,28,16338,158],"tags":[229,23632,23907],"class_list":["post-14029","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-asia-pacific","category-casino-news","category-east-asia-news","category-slider-home","tag-gambling","tag-integrated-resorts","tag-land-based-casino"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/14029","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=14029"}],"version-history":[{"count":8,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/14029\/revisions"}],"predecessor-version":[{"id":14062,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/14029\/revisions\/14062"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/14046"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=14029"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=14029"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=14029"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}