Authorities have confirmed that even potential partners for the city\u2019s IR bid suggested a postponement.<\/p>\n\n\n\n\n\n\n\n
Japan.- With no basic policy from the national government and Prime Minister Shinzo Abe\u2019s now having resigned, a local official from the Nagasaki prefecture has confirmed that the request-for-proposal (RFP) process to select a partner for the city\u2019s IR bid has been postponed indefinitely.<\/p>\n\n\n\n
The global impact of the Covid-19 pandemic, including widespread travel restrictions, were cited as reasons to postpone the process<\/a><\/em><\/strong>.<\/p>\n\n\n\n The Nagasaki prefectural government has said it will later decide an \u201cappropriate time\u201d to launch the RFP process. It said other preparation work for its IR bid would go on.<\/p>\n\n\n\n Nagasaki was expecting to launch its RFP process for an IR located at the Huis Ten Bosch theme park in Sasebo city before the end of summer but says potential private partners for the bid have suggested the postponement.<\/p>\n\n\n\n Current Corp<\/a><\/em><\/strong>, Casinos Austria International Holding and Oshidori International Holdings<\/a><\/em><\/strong> were confirmed as potential private operators for Nagasaki\u2019s IR bid.<\/p>\n\n\n\n Yokohama and Osaka have also confirmed a delay in their respective processes.<\/p>\n","protected":false},"excerpt":{"rendered":" Authorities have confirmed that even potential partners for the city\u2019s IR bid suggested a postponement.<\/p>\n","protected":false},"author":2,"featured_media":9558,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Nagasaki Prefecture has indefinitely postponed its Integrated Resort (IR) bid Request for Proposal (RFP) process, citing the absence of a national basic policy, Prime Minister Abe's resignation, and global COVID-19 travel restrictions. This delay, also suggested by potential private partners, impacts the timeline for IR development in Japan, with Yokohama and Osaka experiencing similar deferrals.","focusai_entities":"Current Corp, Casinos Austria International Holding, Oshidori International Holdings, Shinzo Abe","focusai_location":"Japan, Nagasaki, Sasebo, Yokohama, Osaka","focusai_target_profile":"ceo_executive (0.9), regulator (0.9), compliance_legal (0.7), operator_casino (1.0), investor_analyst (1.0), supplier_vendor (0.8), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Impact on IR Valuations?","query":"How will the indefinite postponement of the Nagasaki IR RFP, coupled with similar delays in Yokohama and Osaka, impact the long-term valuation and investment attractiveness of potential operating consortia and their associated capital market instruments?"},{"label":"Regulatory Framework Outlook?","query":"Given the absence of a national basic policy and recent political transitions, what is the revised outlook for the establishment of a comprehensive and stable regulatory and governance framework for Japan's IR market?"}],"footnotes":""},"categories":[28,161,16338,158],"tags":[473,470,1534],"class_list":["post-9556","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-casino-news","category-daily-news","category-east-asia-news","category-slider-home","tag-ir","tag-japan","tag-nagasaki"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/9556","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=9556"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/9556\/revisions"}],"predecessor-version":[{"id":21209,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/9556\/revisions\/21209"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/9558"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=9556"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=9556"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=9556"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}