Three Locations Line Up for Japan IRs

Osaka, Wakayama Prefecture and Nagasaki Prefecture are the only three communities in Japan that have declared outright that they want to host one of the country’s first three integrated resorts. More are likely to join the fray but 40 local governments have already said no. Osaka’s Yumeshima Island (l.) is considered a favorite to win a bid.

Three Locations Line Up for Japan IRs

Ever since Japan first legalized integrated resorts in December 2016, pundits have speculated where the initial IRs will be located. To date, just three communities—Osaka, Wakayama Prefecture and Nagasaki Prefecture—have indicated serious interest in hosting one of the properties.

According to the Kyodo News Agency, 40 local governments indicated they have “no plans to apply,” and “dozens more are reluctant to do so amid concerns over public safety,” a reference to widespread public concerns that legal casino gaming will kick off waves of compulsive gambling and the social ills that sometimes accompany it>

Japan’s Integrated Resorts Implementation Act requires local governments to formally declare themselves as potential host sites; those local governments must also select business partners.

While there’s no rush to join the line right now, that could change, reports GGRAsia. Nagoya, a city in Aichi Prefecture is said to be “positively considering making an application” for an IR with authorities seeking “a suitable location.” Other candidates reportedly include Tokyo, Hokkaido, Ibaraki Prefecture and the cities of Chiba and Yokohama. According to Kyodo News, 17 local governments remain “undecided” on the matter.

Osaka is by all accounts a logical candidate, having won its bid to host the 2025 World Expo. CDC Gaming Reports, citing “a variety of public and private sources,” noted that Yumeshima Island in Osaka Bay is expected to host both the expo and a new IR, and will invest billions of dollars in development over the next six years.

**GGBNews.com is part of the Clarion Events Group of companies (Clarion). We take your privacy seriously. By registering for this newsletter we wish to use your information on the basis of our legitimate interests to keep in contact with you about other relevant events, products and services which may be of interest to you. We will only ever use the information we collect or receive about you in accordance with our Privacy Policy. You may manage your preferences or unsubscribe at any time using the link in our emails.