Japan has a long history of “learn
from overseas and customise it our own way” as an attitude to create a new, original model that its
mentality should be recalled and reflected in such difficult momentum. The Association
progress has cross-industry attention. Wakayama started the RFP in January 2020 with the timeline of choosing an operator by this spring. Nagasaki started the RPF process as of January 2021 with the timeline of choosing an operator by this summer.
Which operating companies are still interested in operating casinos in each of the prefectures?
Te city of Yokohama announced five companies – Melco Resorts & Entertainment, Galaxy Entertainment, Genting Singapore, Sega Sammy Holdings and SHOTOKU- all participated in their second RFC processes implemented in Autumn 2020.
Te prefecture of Wakayama announced Clairvest Neem Ventures and Suncity Holdings Japan have participated and passed their initial assessment of the RFP in the middle of January 2021.
Te prefecture of Nagasaki has announced Oshidori International Holdings Limited, Casinos Austria International Japan, and Current have all participated the PRC processes in October 2020. Recent news reported Pixel Companyz is showing an interest in the prefecture.
Of course there are delays following the Covid- 19 pandemic – will things get back on track this year? What are the main problems facing IR plans ?
expects Japan Integrated Resorts to create and open state-of-the-art models of Integrated Resorts with inbound tourism opportunities and we will continuously support this goal.
Covid-19 is certainly the variable to Integrated Industry and its process. National government has made progress on the process of IR such as the formal launch of the Basic Policy in 2020, which could be seen as significant progress under such circumstances of COVID-19 and political struggle over the circumstances. 2021 will be an extremely important year for Japan Integrated Resort industry as several municipalities are launching RFP processes to prepare for the national application period starting October 2021.
Tis timeline includes a controversial aspect within the industry considering recent COVID- 19 emergency state which has been issued by major cities, including Tokyo with its surrounding area, with an expected end of February 7 2021. Te national government is considering an extension of the state for up to one month depending on the number of COVID- 19 cases in the next two weeks.
Under current conditions, most of the foreign visitors are not allowed to travel which could potentially negatively influence selection
processes. Uncertainties of political, social, and economical influences by COVID-19 in 2021 will be the challenging aspect for Japan IR progresses and its plans.
What’s the future outlook for the IR projects in Japan in light of all the problems COVID-19 has caused? What are the positives?
COVID -19 has drastically changed the future outlook of the international market and its prospect. Considering Japan Integrated Resort is modelled on the Singapore style IR scheme and its success of opening new inbound market to the country, the struggle of international markets certainly will influence the future of Japan Integrated Resorts.
Tinking positively, as Japan Integrated Resort project has been in a policy making stage, Japan has a choice to restructure its regulatory requirements suitable to future market figures and a new style of inbound tourism, learning from the challenges the international market has been facing. Japan has a long history of “learn from overseas and customise it our own way” as an attitude to create a new, original model that its mentality should be recalled and reflected in such difficult momentum.
Te Association expects Japan Integrated Resorts to create and open state-of-the-art models of Integrated Resorts with inbound tourism opportunities and we will continuously support this goal.
WIRE / PULSE / INSIGHT / REPORTS P67
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