The new deadline is April 28, 2022

Japan delays process to submit bids for integrated resorts by 9 months

Those that have expressed an interest include Yokohama (photo), Tokyo, Osaka - Japan’s three largest cities - as well as smaller cities including Nagasaki and Wakayama.
2020-10-09
Reading time 1:04 min
The Japan Tourism Agency made the announcement Friday amid delays in preparation and a downturn in operators’ business conditions caused by the COVID-19 pandemic. So far, Yokohama, the city of Osaka and Osaka Prefecture, Wakayama Prefecture and Nagasaki Prefecture have declared their intentions to bid for the three authorized IRs.

Japan has pushed back by nine months a July 2021 deadline for cities to submit bids to host casinos amid delays in preparation and a downturn in operators’ business conditions caused by the COVID-19 pandemic, the Japan Tourism Agency said on Friday.

The government has authorized licenses for three integrated resorts, and set a new April 28, 2022, deadline for bids and development plans from interested cities, Reuters reports. Those that have expressed an interest include Yokohama, Tokyo, Osaka - Japan’s three largest cities - as well as smaller cities including Nagasaki and Wakayama.

The government sees the integrated resorts, which include casinos, shopping outlets and hotels, as a significant means of bolstering tourism, tax revenue and local economies as the country grapples with the impact of a shrinking population.

Its plans for the resorts have been hampered in the past by opposition from a public wary of gambling addiction and a bribery scandal that led to the arrest of a high-profile lawmaker, Tsukasa Akimoto. The central government originally planned to accept formal applications over a seven-month period from January 2021, in the race for municipalities to host three integrated resorts.

Foreign casino operators expected to become involved in the project, such as those in the United States and Hong Kong, have also been hit hard by the pandemic, which triggered sharp falls in customers.

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