{"id":34135,"date":"2022-10-05T09:59:30","date_gmt":"2022-10-05T12:59:30","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=34135"},"modified":"2026-04-23T04:14:06","modified_gmt":"2026-04-23T07:14:06","slug":"japan-still-no-news-on-osaka-and-nagasaki-ir-bids","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/japan-still-no-news-on-osaka-and-nagasaki-ir-bids","title":{"rendered":"Japan: still no news on Osaka and Nagasaki IR bids"},"content":{"rendered":"\n<p>The Ministry of Land, Infrastructure, Transport and Tourism still has no timetable for when a decision will be announced.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Japan.- There&#8217;s still no news on the Osaka and Nagasaki&#8217;s <a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/japan-only-2-locations-submit-ir-proposals\" target=\"_blank\">bids to host integrated resorts<\/a>. <strong>Tetsuo Saito<\/strong>, the Minister of Land, Infrastructure, Transport and Tourism has said that <strong>a review committee <\/strong>is looking at the submissions but made no comment on their status or when a decision would be forthcoming.<\/p>\n\n\n\n<p>The bids were submitted in April ahead of the deadline set by central government. In December 2020, the government outlined criteria for judging bids using a points scale of up to 1,000 for five key areas:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>The commitment of the IR to the Japanese travel industry (up to 450 points).<\/li><li>The capacity to run a safe business (200 points).<\/li><li>The national economic and social effects (150 points).<\/li><li>Programmes to address gambling-related harm (150 points).<\/li><li>The use of casino revenue for the public good (50 points).<\/li><\/ul>\n\n\n\n<p>In June, the Japanese government paper, \u201cBasic Policy on Economic and Fiscal Management and Reform 2022\u201d, highlighted&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/japan-highlights-importance-of-irs-to-tourism-reactivation\" target=\"_blank\">the importance of integrated resorts to the country<\/a>. It suggested that the construction of IRs could reactivate tourism after the Covid-19 pandemic, which has paralysed the sector for two years.<\/p>\n\n\n\n<p><a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/osaka-announces-mgm-orix-as-ir-partner\" target=\"_blank\">Osaka<\/a>&nbsp;has selected MGM-Orix as its partner for its IR bid. The consortium proposes to invest JPY1tn (US$9.1bn) and include <strong>three hotels<\/strong> providing approximately 2,500 rooms, a MICE facility measuring 68,000 square meters, a 3,500-seat theatre and various Japanese cultural experiences and retail facilities. It would employ about 15,000 people.<\/p>\n\n\n\n<p>Nagasaki has chosen&nbsp;<strong>Casinos Austria International Japan Inc<\/strong>&nbsp;as its&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/nagasaki-chooses-casinos-austria-as-ir-partner\" target=\"_blank\">partner for its bid<\/a>. The planned cost for the development is&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/nagasakis-ir-costs-rise-by-25\" target=\"_blank\">JPY438.3bn (US$3.8bn)<\/a>, including JPY175.3bn in equity costs.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Ministry of Land, Infrastructure, Transport and Tourism still has no timetable for when a decision will be announced.<\/p>\n","protected":false},"author":176,"featured_media":19199,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"The Ministry of Land, Infrastructure, Transport and Tourism has not yet provided a timetable for decisions on Osaka and Nagasaki's Integrated Resort (IR) bids, despite submissions made in April. A review committee is assessing proposals against established criteria, including tourism commitment, operational safety, economic impact, and responsible gambling measures. This ongoing delay impacts the strategic planning for consortia like MGM-Orix and Casinos Austria International Japan Inc, and the broader Japanese tourism reactivation strategy.","focusai_entities":"Ministry of Land, Infrastructure, Transport and Tourism, Tetsuo Saito, MGM-Orix, Casinos Austria International Japan Inc","focusai_location":"Japan, Osaka, Nagasaki","focusai_target_profile":"ceo_executive (0.95), regulator (0.9), compliance_legal (0.85), operator_casino (0.95), investor_analyst (0.95), supplier_vendor (0.8), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Regulatory Delay Impact?","query":"What specific regulatory or political hurdles are contributing to the prolonged decision-making process for the Japanese IR bids, and what are the potential implications for future licensing rounds?"},{"label":"Financial Projections Reassessment?","query":"How will the continued delay in IR license approvals necessitate a reassessment of financial projections and return on investment timelines for the MGM-Orix and Casinos Austria International Japan Inc consortia?"}],"footnotes":""},"categories":[16338,154],"tags":[23911,23632],"class_list":["post-34135","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-east-asia-news","category-legislation-news","tag-gambling-regulation","tag-integrated-resorts"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/34135","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=34135"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/34135\/revisions"}],"predecessor-version":[{"id":34152,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/34135\/revisions\/34152"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/19199"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=34135"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=34135"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=34135"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}