{"id":3262,"date":"2020-02-07T12:59:39","date_gmt":"2020-02-07T12:59:39","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=3262"},"modified":"2026-04-24T08:05:12","modified_gmt":"2026-04-24T11:05:12","slug":"yokohama-resort-ir","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/yokohama-resort-ir","title":{"rendered":"Yokohama provides more details on IR committee"},"content":{"rendered":"\n<p>The committee will consist of seven people and will be entirely independent from the local government <\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Japan.- After hosting the <strong><em><a href=\"https:\/\/focusgn.com\/asia-pacific\/expo-yokohama-ir-resorts\">first IR Expo in Japan<\/a><\/em><\/strong>, the government of <strong><em><a href=\"https:\/\/focusgn.com\/asia-pacific\/?s=yokohama\">Yokohama<\/a><\/em><\/strong> announced that it would ask the city\u2019s assembly to set up an independent selection committee to choose its private-sector partner for an <strong><em><a href=\"https:\/\/focusgn.com\/asia-pacific\/yokohama-budget-resort-ir\">IR development<\/a><\/em><\/strong>.\u00a0<\/p>\n\n\n\n<p>According to GGRAsia, the committee will consist of seven people who will be independent from the local government and will deliver their conclusions on each IR proposal.<\/p>\n\n\n\n<p>The city will announce its IR implementation policy by the end of March and\u00a0launch its partner selection via a request-for-proposal (RFP) process between April and December this year.<\/p>\n\n\n\n<p>Yokohama is one of the main candidates to obtain one of the three IR licenses Japan\u2019s government will hand out and the city is doing all it can to ensure it remains in the running. <\/p>\n\n\n\n<p>From October to December 2019 the city received submissions from seven interested operators looking to construct an IR should it receive a licence.<\/p>\n\n\n\n<p>Some of the interested companies are Wynn Resorts and Melco Resorts &amp; Entertainment, which has already declared its \u201cYokohama First\u201d policy and intention to open a local office in the city in September. <\/p>\n\n\n\n<p>Las Vegas Sands also indicated in October that Yokohama had become the main focus of its plans for Japan and Sega Sammy Holdings has recently announced a <strong><em><a href=\"https:\/\/focusgn.com\/asia-pacific\/sega-alliance-yokohama-ir\">strategic business alliance with UK firm Foster + Partners<\/a><\/em><\/strong> to jointly pursue an integrated resort license in the city.<br><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The committee will consist of seven people and will be entirely independent from the local government<\/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 is advancing its Integrated Resort (IR) development process by establishing an independent seven-member committee to select its private-sector partner. The city plans to issue its IR implementation policy by March and launch an RFP process from April to December, with major operators like Wynn Resorts, Melco Resorts & Entertainment, Las Vegas Sands, and Sega Sammy Holdings expressing interest.","focusai_entities":"Wynn Resorts, Melco Resorts & Entertainment, Las Vegas Sands, Sega Sammy Holdings, Foster + Partners, GGRAsia","focusai_location":"Japan, Yokohama, UK","focusai_target_profile":"ceo_executive (0.95), regulator (0.9), compliance_legal (0.88), operator_casino (1.0), investor_analyst (0.92), supplier_vendor (0.75), journalist_researcher (0.9)","focusai_suggestions":[{"label":"IR Selection Criteria?","query":"What specific evaluation criteria will Yokohama's independent committee apply to IR proposals, particularly regarding economic impact, responsible gambling measures, and local integration?"},{"label":"Operator Strategy Impact?","query":"How might the 'Yokohama First' strategies of major operators influence the competitive landscape for the remaining IR licenses in other Japanese prefectures?"}],"footnotes":""},"categories":[160,28,16338,158],"tags":[473,470,665,2131,1842,708,909],"class_list":["post-3262","post","type-post","status-publish","format-standard","hentry","category-asia-pacific","category-casino-news","category-east-asia-news","category-slider-home","tag-ir","tag-japan","tag-melco","tag-resort","tag-sega-sammy","tag-wynn","tag-yokohama"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/3262","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=3262"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/3262\/revisions"}],"predecessor-version":[{"id":3273,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/3262\/revisions\/3273"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=3262"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=3262"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=3262"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}