{"id":15227,"date":"2021-02-25T15:40:43","date_gmt":"2021-02-25T15:40:43","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=15227"},"modified":"2026-04-23T21:31:35","modified_gmt":"2026-04-24T00:31:35","slug":"hokkaido-ir-development-excluded-from-2021-budget","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/hokkaido-ir-development-excluded-from-2021-budget","title":{"rendered":"Hokkaido IR development excluded from 2021 budget"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">The prefectural government has submitted its annual budget and has not earmarked any funds for an IR development.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p class=\"wp-block-paragraph\">Japan.- After several back and forths, it appears that the island of <strong>Hokkaido does not intend to compete<\/strong> for one of Japan&#8217;s three integrated resort licences.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The island&#8217;s prefecture did have plans for <em><a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/potential-ir-site-identified-in-hokkaido\" target=\"_blank\"><strong>an integrated resort in the city of Tomakomai<\/strong><\/a><\/em> but its initial budget for 2021 makes <strong>no mention of funds for an IR development,<\/strong> suggesting that the proposal is off the cards.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Governor Naomichi Suzuki said he hoped the <strong>2021 budget &#8220;could help the prefecture navigate the Covid-19 pandemic<\/strong> and build a society resistant to infectious disease while also promoting Hokkaido\u2019s future in a post-pandemic world.&#8221;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>The city of Nagasaki<\/strong> is currently seen as<strong> <em><a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/nagasaki-seen-as-best-managed-contender-in-japan-ir-race\" target=\"_blank\">best-managed contender in Japan&#8217;s IR race<\/a><\/em><\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The prefectural government has submitted its annual budget and has not earmarked any funds for an IR development.<\/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":"Hokkaido's prefectural government has omitted funding for an Integrated Resort (IR) development in its 2021 annual budget, effectively signaling its withdrawal from Japan's competitive IR licensing process. This decision, influenced by the ongoing COVID-19 pandemic, removes Tomakomai as a potential IR site, potentially streamlining the path for other contenders like Nagasaki.","focusai_entities":"Hokkaido Prefectural Government, Naomichi Suzuki, Nagasaki City","focusai_location":"Japan, Hokkaido, Tomakomai, Nagasaki","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), operator_casino (0.95), investor_analyst (0.9), supplier_vendor (0.75), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Nagasaki IR Impact?","query":"How does Hokkaido's withdrawal specifically impact Nagasaki's competitive advantage, its projected Gross Gaming Revenue (GGR) potential, and the revised timeline for its IR license application, particularly concerning regulatory fast-tracking or revised financial projections?"},{"label":"Japan IR Market Outlook?","query":"What are the revised projections for the total addressable market and potential Net Gaming Revenue (NGR) of Japan's integrated resort sector, considering the reduced number of confirmed development sites and the ongoing macroeconomic impact of the pandemic?"}],"footnotes":""},"categories":[157,16338,158],"tags":[],"class_list":["post-15227","post","type-post","status-publish","format-standard","hentry","category-business-news","category-east-asia-news","category-slider-home"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/15227","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=15227"}],"version-history":[{"count":5,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/15227\/revisions"}],"predecessor-version":[{"id":15251,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/15227\/revisions\/15251"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=15227"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=15227"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=15227"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}