{"id":777007227,"date":"2023-07-13T07:32:33","date_gmt":"2023-07-13T10:32:33","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777007227"},"modified":"2026-04-22T20:04:11","modified_gmt":"2026-04-22T23:04:11","slug":"wakayama-governor-urges-consideration-of-ir-bid-if-japan-runs-second-competition","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/wakayama-governor-urges-consideration-of-ir-bid-if-japan-runs-second-competition","title":{"rendered":"Wakayama governor urges consideration of IR bid if Japan runs second competition"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Wakayama governor Shuhei Kishimoto says the prefecture should consider bidding for an IR if a second round of applications is launched.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p class=\"wp-block-paragraph\">Japan.- Wakayama governor <strong>Shuhei Kishimoto<\/strong> has said that the prefecture should consider bidding to develop and integrated resort if Japan opens a second round of applications. The prefecture had considered participating in the current round but the Prefectural Assembly voted against it.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">According to GGRAsia, Kishimoto remained cautious and highlighted the potential financial risks associated with casinos considering China&#8217;s restrictions on overseas gambling.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Last year,\u00a0<strong>Wakayama Prefectural Assembly<\/strong>\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/wakayama-prefecture-rejects-ir-plan\" target=\"_blank\">rejected plans to bid for a casino resort<\/a>. Two prefectural assembly committees, the General Services Committee and the Economics Committee, had voted in favour of the IR plan. However, at a plenary meeting,\u00a022 members of the prefectural council voted against, versus 18 in favour.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Only <a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/japan-only-2-locations-submit-ir-proposals\" target=\"_blank\">Osaka and Nagasaki<\/a>\u00a0submitted bids in Japan&#8217;s first round of applications. Osaka&#8217;s IR District Development Plan secured provisional approval in April. Nagasaki&#8217;s proposal is still pending approval ut officials have expressed optimism about its prospects.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Wakayama governor Shuhei Kishimoto says the prefecture should consider bidding for an IR if a second round of applications is launched.<\/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":"Wakayama Governor Shuhei Kishimoto indicates the prefecture would consider bidding for an Integrated Resort (IR) if Japan initiates a second application round, despite the Prefectural Assembly's prior rejection of such plans. The governor noted financial risks, particularly concerning China's overseas gambling restrictions, as Osaka's IR plan received provisional approval and Nagasaki's remains pending from the first round.","focusai_entities":"Shuhei Kishimoto, Wakayama Prefecture, Osaka Prefecture, Nagasaki Prefecture","focusai_location":"Japan, Wakayama, Osaka, Nagasaki, China","focusai_target_profile":"ceo_executive (0.9), regulator (0.9), compliance_legal (0.85), operator_casino (0.95), investor_analyst (0.9), supplier_vendor (0.8), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Wakayama IR Plan Amendments?","query":"What specific amendments to Wakayama's proposed IR development plan would address the Prefectural Assembly's prior concerns regarding financial viability and governance frameworks?"},{"label":"Second Round Influence?","query":"How might the provisional approval of Osaka's IR and the pending status of Nagasaki's proposal influence the regulatory criteria and competitive landscape for a potential second application round in Japan?"}],"footnotes":""},"categories":[157,16338],"tags":[23632],"class_list":["post-777007227","post","type-post","status-publish","format-standard","hentry","category-business-news","category-east-asia-news","tag-integrated-resorts"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777007227","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=777007227"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777007227\/revisions"}],"predecessor-version":[{"id":777007260,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777007227\/revisions\/777007260"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777007227"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777007227"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777007227"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}