{"id":14690,"date":"2021-02-15T15:30:46","date_gmt":"2021-02-15T15:30:46","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=14690"},"modified":"2026-04-23T21:49:42","modified_gmt":"2026-04-24T00:49:42","slug":"osaka-wants-more-operators-to-apply-for-its-ir-project","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/osaka-wants-more-operators-to-apply-for-its-ir-project","title":{"rendered":"Osaka wants more operators to apply for its IR project"},"content":{"rendered":"\n<p>Osaka has made changes to its IR implementation policy to allow more operators to apply.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Japan.-&nbsp;Osaka has announced changes to its IR implementation policy to allow more operators to <strong>take part in the request for proposal<\/strong> (RFP) process<\/p>\n\n\n\n<p><strong>The window for applications has been extended until March<\/strong>, with final proposals due in July.<\/p>\n\n\n\n<p>A partnership between <strong>MGM Resorts International and ORIX was the only firm participant to date. <\/strong><\/p>\n\n\n\n<p>Wynn Resorts, Las Vegas Sands, Melco Resorts &amp; Entertainment, Genting Singapore and Galaxy Entertainment Group have previously shown interest in Osaka and <strong>could use the extended RFP period<\/strong> to enter the process.<\/p>\n\n\n\n<p>Japan\u2019s IR Implementation Act includes <strong>a strict policy of requirements <\/strong>for IRs, which much include a casino, a large hotel and exhibition facilities which should cover at least 20,000 square metres.<\/p>\n\n\n\n<p>Osaka\u2019s revised implementation policy <strong>allows, for a &#8220;preparation in stages\u201d approach<\/strong> for the first time.<\/p>\n\n\n\n<p>Last week, authorities <em><a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/osaka-drops-aim-to-open-casino-resort-by-march-2027\" target=\"_blank\"><strong>dropped the target opening date for the proposed integrated resort <\/strong><\/a><\/em>on the artificial island of Yumeshima.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Osaka has made changes to its IR implementation policy to allow more operators to apply.<\/p>\n","protected":false},"author":176,"featured_media":14694,"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 strategically amended its Integrated Resort (IR) implementation policy, extending the Request for Proposal (RFP) application window and introducing a \"preparation in stages\" framework. This adjustment aims to broaden operator participation beyond the existing MGM Resorts International and ORIX partnership, potentially re-engaging major gaming entities previously expressing interest in Japan's nascent IR market. The policy revision underscores a governmental effort to foster a more competitive and robust bidding process.","focusai_entities":"MGM Resorts International, ORIX, Wynn Resorts, Las Vegas Sands, Melco Resorts & Entertainment, Genting Singapore, Galaxy Entertainment Group","focusai_location":"Osaka, Japan, Yumeshima","focusai_target_profile":"ceo_executive (0.9), regulator (0.85), compliance_legal (0.75), operator_casino (0.95), investor_analyst (0.9), supplier_vendor (0.7), journalist_researcher (0.85)","focusai_suggestions":[{"label":"Impact on IR Valuation?","query":"How might Osaka's 'preparation in stages' policy influence the long-term valuation and capital expenditure phasing for potential Integrated Resort developers?"},{"label":"Competitive Landscape Shift?","query":"What specific strategic adjustments are anticipated from major gaming operators like Wynn or Las Vegas Sands in response to Osaka's extended RFP window and revised entry conditions?"}],"footnotes":""},"categories":[16338,163,158],"tags":[23632],"class_list":["post-14690","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-east-asia-news","category-finance-news","category-slider-home","tag-integrated-resorts"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/14690","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=14690"}],"version-history":[{"count":9,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/14690\/revisions"}],"predecessor-version":[{"id":14747,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/14690\/revisions\/14747"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/14694"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=14690"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=14690"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=14690"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}