Insight
JAPAN Integrated Resorts
percent of the aggregate floor space of IR Area. Certain other requirements (such as unified land use/management, fair and justifiable selection process of IR operator, IR operator’s compliance system, non-disqualifications of IR operator and its officers and members, no unjustifiable contact with the members of the Examination Committee) shall be satisfied.
(ii) Te location of IR Area shall be adequate in terms of transportation access from major cities of Japan and foreign countries and considering other economic and social conditions.
(iii) Te Basic Business Plan shall satisfy certain requirements (e.g., IR business will be integrally and continuously conducted by the sole business operator. Such operator shall be a company incorporated under the Company Act of Japan and shall conduct only IR business operation. In addition, measures necessary for eliminating harmful effects originating from casino facilities shall be taken, etc.).
(iv) Te development of IR facilities, improvement of IR business and corporation with the measures implemented by the municipal body shall be clearly articulated and shall be in consistent with the budget plan and the funding plan set forth in the Basic Business Plan. In addition, the use of
(i) Accomplishment of internationally competitive and highly attractive stay-type tourism;
(ii) Economic and social impact;
(iii) Capability and arrangement of stable, continuous and safe operation of IR business (including financial stability, measures for disaster prevention or mitigation, ensuring safety of IR Area/IR facilities, measures for infection prevention and building good relationship with the region community, etc.);
(iv) Use of profits gained from casino business; and
(v) Elimination of bad influence associated with casino facility and measures against gambling and other addictions.
While the basic concepts of this criteria more or less overlap with those of the Statutory Required Criteria, notably, for example, in respect of (i), the whole concept of IR Area shall be clear, internationally competitive, of superb-quality and original.
Te design of IR buildings shall be so advanced, creative and attractive that they may become new landmarks of the region, though they shall be also in harmony with the landscape and the environment of the surrounding area. In addition, IR facilities shall
The design of IR buildings shall be so advanced, creative and attractive that they may become new landmarks of the region, though they shall be also in harmony with the landscape and the environment of the surrounding area. In addition, IR
facilities shall constructed in unprecedentedly large scales so that they may become one of the leading tourism facilities in Japan, and shall be also the most advanced
facilities in the world in terms of universal design, reduction of environmental load, multicultural coexistence, fair trade, etc.
entrance fee tax shall be clearly specified.
(v) Te social and economic impact of the implementation of IR Area shall be clearly stated together with the grounds therefor.
(vi) Te measures and arrangement for eliminating harmful effects shall be specified in the IR Development Plan and they shall be appropriately implemented by the municipal body in association with the Prefectural Public Safety Commission. In addition, the Prefectural Plan for Facilitating Gambling Addiction Measures shall be made in accordance with the Basic Law on Measures Against Gambling Addiction and such plan shall be appropriately implemented.
EVALUATION CRITERIA Under this criteria, the superiority/inferiority of the IR
Area Development Plan will be evaluated in terms of the following five viewpoints:
P64 WIRE / PULSE / INSIGHT / REPORTS
constructed in unprecedentedly large scales so that they may become one of the leading tourism facilities in Japan, and shall be also the most advanced facilities in the world in terms of universal design, reduction of environmental load, multicultural coexistence, fair trade, etc.
As for casino facilities, they shall be in harmony with the concept of the whole IR Area and shall be in balance with the other facilities in terms of their scale, design and layout. In respect of (ii), it is expected that the number of MICE events or tourists will be substantially increased by opening of such IR Area so that Japanese government’s tourism goal (i.e., the number of foreign tourists will exceed 60 million and the consumption amount will exceed ¥60 trillion by 2030) may be achieved.
It is currently expected that the approval of IR Area will be made around summer/autumn of 2022 or thereafter and that the approved IR Area/casino may be open in the late 2020s at best.
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