{"id":4048,"date":"2020-03-03T12:54:16","date_gmt":"2020-03-03T12:54:16","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=4048"},"modified":"2026-04-24T07:23:20","modified_gmt":"2026-04-24T10:23:20","slug":"bloomberry-japan-ir","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/bloomberry-japan-ir","title":{"rendered":"Bloomberry CEO calls for clarity of Japan IRs"},"content":{"rendered":"\n<p>\u201cIt\u2019s becoming a bit of a joke. The process is pretty much muddled still and nobody really knows what\u2019s going on\u201d, Enrique Razon Jr said.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Japan.- <strong><em>Bloomberry Resorts Corp<\/em><\/strong> Chairman and CEO Enrique Razon Jr has raised concerns over a lack of information regarding the development of Integrated Reports in Japan. <\/p>\n\n\n\n<p>Although he confirmed Bloomberry\u2019s commitment to Japan, he talked about the difficulties facing operators due to a lack of clarity over locations and regulations, and escalating IR cost estimates.<\/p>\n\n\n\n<p>\u201cIt\u2019s becoming a bit of a joke. The process is pretty much muddled still and nobody really knows what\u2019s going on\u201d, he said.<\/p>\n\n\n\n<p>\u201cAre we going to end up with 20 IRs in Japan or just four or five? What can the market absorb? These are unknowns. It could be the greatest thing in the world, right? Nobody knows,\u201d he added.<\/p>\n\n\n\n<p>In an interview with Inside Asian Gaming, he also revealed that the company is monitoring multiple regional locations despite being closely linked with <strong><em><a href=\"https:\/\/focusgn.com\/asia-pacific\/wakayama-resort-rfp-plan\">Wakayama<\/a><\/em><\/strong>.<\/p>\n\n\n\n<p>\u201cWe would definitely consider other locations, it\u2019s just that Wakayama seems determined to develop an IR whereas some of the others are kind of iffy. Tokyo doesn\u2019t want one, Yokohama maybe, maybe not. Chiba said they wanted one, and now they say they don\u2019t want one\u201d he said.<br><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u201cIt\u2019s becoming a bit of a joke. The process is pretty much muddled still and nobody really knows what\u2019s going on\u201d, Enrique Razon Jr said.<\/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":"Bloomberry Resorts Corp Chairman and CEO Enrique Razon Jr. has voiced significant concerns regarding the lack of clarity surrounding Japan's Integrated Resort (IR) development process, citing muddled regulations, uncertain locations, and escalating cost estimates. Despite Bloomberry's commitment, Razon highlighted the operational difficulties posed by these unknowns, including the potential number of IRs the market can sustain. He also confirmed the company is evaluating multiple regional locations beyond its previously strong link with Wakayama, given the indecision from other major cities.","focusai_entities":"Enrique Razon Jr., Bloomberry Resorts Corp, Inside Asian Gaming","focusai_location":"Japan, Wakayama, Tokyo, Yokohama, Chiba","focusai_target_profile":"ceo_executive (0.95), regulator (0.9), compliance_legal (0.8), operator_casino (0.98), investor_analyst (0.95), supplier_vendor (0.85), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Japan IR Regulatory Path","query":"What specific regulatory and legislative actions are anticipated from the Japanese government to address the current ambiguities in the Integrated Resort development and licensing framework?"},{"label":"Japan IR Market Viability","query":"How do escalating IR cost estimates and the uncertain number of potential licenses impact the projected Gross Gaming Revenue (GGR) and overall market viability for prospective operators in Japan?"}],"footnotes":""},"categories":[160,28,16338,158],"tags":[413,29,473,470],"class_list":["post-4048","post","type-post","status-publish","format-standard","hentry","category-asia-pacific","category-casino-news","category-east-asia-news","category-slider-home","tag-bloomberry","tag-casino","tag-ir","tag-japan"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/4048","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=4048"}],"version-history":[{"count":5,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/4048\/revisions"}],"predecessor-version":[{"id":777009756,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/4048\/revisions\/777009756"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=4048"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=4048"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=4048"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}