Insight
JAPAN Integrated Resorts
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Ayako Nakayama Representative Director of the Japan Integrated Resort Association about the future of the IR sector in Japan.
www.japan-ir.or.jp ayako.nakayama@
japan-ir.or.jp
The timeline for 2021 is to expect a draft of Casino basic regulation by the Japan Casino Regulatory Committee which will be a basic regulation of gaming to be submitted in the next several months. Regional process has been accelerating that operator selection processes in prefectures/cities has been actively scheduled in spring/summer of 2021 at this point in January.
In an exclusive interview with G3, Ayako Nakayama, Representative Director of the Japan Integrated Resort Association, discusses the future of the Integrated Resort sector in Japan and the role the association its playing in the unfolding saga.
Can you tell us a little about the Japan IR Association?
Japan Integrated Resort (IR) Association was set up in 2014 as a general incorporated association to facilitate the emerging Integrated Resort industry in Japan with the goal of making alliances with various industry stakeholders domestically and internationally. Japan IR Association has organised seminars to government stakeholders and as well private sectors for industry topics. Japan IR Association currently offers ranges of activities to various industry stakeholders in forms of membership, committee activities, and forums to lead the up-to-date discussions of Japan IR.
The Basic Policy on IR was released in December – can you provide an outline of what this includes and what happens next?
Te Basic Policy, issued by the Ministry of Land, Infrastructure, Transport and Tourism finalised the draft in December 2020. It includes an updated submission application deadline of April 28, 2022 to national government by municipalities with a delay of nine months period from the initial timeline set. Te guidelines also introduced infectious disease countermeasures for inside Integrated Resorts and the rules on interaction between private Integrated Resort
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operators and government officials with strict compliance countermeasures reflecting the fairness and transparency of the process by the national government.
Te timeline for 2021 is to expect a draft of casino basic regulation by the Japan Casino Regulatory Committee, which will be a basic regulation of gaming to be submitted in the next several months. Regional processes have been accelerating insomuch that operator selection processes in prefectures/cities have been actively scheduled for the spring/summer of 2021.
What is the current situation regarding RFPs in each of the four interested prefectures?
Osaka, the most advanced in the process, already finished RFP in early 2020. MGM (with Orix) is the only candidate operator (consortium) for the region who will continue to be in the process of discussions with the prefecture of Osaka.
Yokohama has just announced the RFP processes with the timeline of choosing an operator by this summer. Yokohama has recently rejected a referendum over the Integrated Resort. Te city will have a city mayor election this summer and its
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