{"id":14547,"date":"2021-02-11T13:48:21","date_gmt":"2021-02-11T13:48:21","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=14547"},"modified":"2026-04-23T21:54:27","modified_gmt":"2026-04-24T00:54:27","slug":"osaka-drops-aim-to-open-casino-resort-by-march-2027","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/osaka-drops-aim-to-open-casino-resort-by-march-2027","title":{"rendered":"Osaka drops aim to open casino resort by March 2027"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">The local authorities have dropped the target opening date from official documents on the planned Yumeshima IR.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p class=\"wp-block-paragraph\">Japan.- Officials in Osaka have <strong>abandoned their target opening date<\/strong> for the proposed integrated resort on the artificial island of Yumeshima.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Back in 2019, a target opening was set for 2026. That was then pushed back to <strong>March 2027<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">That date now appears to have been abandoned due to the ongoing impact of the Covid-19 pandemic. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The national government has <strong>postponed the start of the period in which it will accept formal bids for Japan&#8217;s three planned IR licences from January until October<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Japan plans to award three IR licences under legislation passed in 2018 to legalise casino gaming in Japan.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Osaka&#8217;s prefectural and city governments will hold a meeting to approve their policy, which sets out details of the new schedule for the project and conditions for private partners.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It appears the authorities are now holding back from <strong>specifying an opening date <\/strong>but plan to open facilities in stages.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Last week, Osaka <em><a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/osaka-confirms-contenders-to-join-ir-bid\" target=\"_blank\"><strong>confirmed the names of the operators<\/strong><\/a><\/em>\u00a0that are competing to become its partner for its IR bid.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The local authorities have dropped the target opening date from official documents on the planned Yumeshima IR.<\/p>\n","protected":false},"author":176,"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":"Osaka has officially abandoned its target opening date for the Yumeshima Integrated Resort, initially slated for 2026 and later March 2027, citing ongoing impacts from the COVID-19 pandemic. This delay aligns with the national government's postponement of the IR licence bid acceptance period from January to October, impacting the broader timeline for Japan's three planned IR developments. Local authorities now plan a phased opening without a specific date, while confirming competing operators for the project.","focusai_entities":"Osaka, National government","focusai_location":"Japan, Osaka, Yumeshima","focusai_target_profile":"ceo_executive (0.9), regulator (0.9), compliance_legal (0.8), operator_casino (1.0), investor_analyst (1.0), supplier_vendor (0.8), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Impact on IR Bids","query":"How will the national government's extended IR licence bid acceptance period influence the competitive landscape and the financial commitments required from prospective operators?"},{"label":"Phased Opening Strategy","query":"What specific governance frameworks and operational milestones will Osaka implement for a phased IR opening, and how might this affect initial GGR projections and regulatory compliance?"}],"footnotes":""},"categories":[163,158],"tags":[23632],"class_list":["post-14547","post","type-post","status-publish","format-standard","hentry","category-finance-news","category-slider-home","tag-integrated-resorts"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/14547","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\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=14547"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/14547\/revisions"}],"predecessor-version":[{"id":14570,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/14547\/revisions\/14570"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=14547"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=14547"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=14547"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}