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Monday 8 March 2021
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  • NEWS
    VIDEO: IAG Japan discusses the race to develop integrated resorts in Japan

    VIDEO: IAG Japan discusses the race to develop integrated resorts in Japan

    Lawrence Ho tipping Yokohama IR cost of “at least US$10 billion”

    Yokohama mayor says IR will be a campaigning point but not sole election issue

    No significant increase to Macau visitor numbers on first weekend of IVS resumption

    First mainland China visa for Macau-based foreign resident since outbreak of COVID-19 issued

    Donaco looks inward as Lee Bug Huy named new CEO

    Thailand unlikely to legalize casino gambling, prospects bright for Cambodia’s border casinos: Donaco

    IAG Spot Count: Macau satellite and 2nd tier casinos keep chugging along

    Macau should adjust the ratio of contribution from gaming to the economy: Beijing

    Wynn Palace

    Wynn Macau offers two special vacation days to staff who receive COVID-19 vaccine

    Trending Tags

    • FEATURES
      Uneasy alliance

      Uneasy alliance

      Turning RG Japanese

      Turning RG Japanese

      2021: Japan IR – Crunch time part 2

      2021: Japan IR – Crunch time part 2

      Diving into digital

      Diving into digital

      10 years ago: Many happy returns

      10 years ago: Many happy returns

      RG and the  player journey

      RG and the player journey

      Trending Tags

      • PEOPLE
        Home is where the heart is

        Home is where the heart is

        Dave Smith: Smell of success

        Dave Smith: Smell of success

        Scientific Games insists liquidity position strong after adding US$480 million in debt, cutting costs

        Scientific Games appoints Eileen Moore Johnson as Executive Vice President and Chief Human Resources Officer

        Creation theory

        Creation theory

        Paltronics announces passing of Stephen Cowan, much-admired Managing Director

        Paltronics announces passing of Stephen Cowan, much-admired Managing Director

        Dark days

        POST-COVID2: The most transformative business shock of our lifetimes

        Trending Tags

        • COLUMNISTS
          Gateway to Japan

          OPINION: Japan seeking its pound of flesh

          Memories of the man that was Sheldon Adelson

          Memories of the man that was Sheldon Adelson

          Big money

          A decade of differentiation

          A decade of differentiation

          How to set up for IR success

          How to set up for IR success

          Macau: Taking a sensible approach to responsible gaming

          Macau: Taking a sensible approach to responsible gaming

          Trending Tags

          • TECH TALK
            Scientific Games granted approval for release of third Duo Fu Duo Cai game into Asia

            Scientific Games granted approval for release of third Duo Fu Duo Cai game into Asia

            Aristocrat launches new MarsX Portrait cabinet

            Aristocrat launches new MarsX Portrait cabinet

            Cat call

            Cat call

            Asia Pioneer Entertainment keeping up the pace in challenging times

            Asia Pioneer Entertainment keeping up the pace in challenging times

            Two more TVBET card games granted GLI certification

            Two more TVBET card games granted GLI certification

            Scientific Games granted approval for latest Jin Ji Bao Xi game “Singing Cats”

            Scientific Games granted approval for latest Jin Ji Bao Xi game “Singing Cats”

            Trending Tags

            • iGAMING
              TVBET expands through Alavara Digital partnership

              TVBET expands through Alavara Digital partnership

              Live-games integration as an effective marketing tool for increasing bets

              TVBET to enter the Montenegro iGaming market

              Manila restrictions ease as Duterte implements General Community Quarantine for National Capital Region

              Philippine police arrest eight alleged members of POGO-linked “kidnap for ransom” gang

              PAGCOR reveals substantial POGO revenue rise in 2018 as enforcement role defended

              Philippines court order preventing new 5% franchise tax could halt POGO exodus

              MGM Resorts looking to raise US$750 million via senior notes offering

              MGM Resorts considering US$13 billion takeover offer for Ladbrokes owner Entain

              Evolution launches world’s first online live Craps game

              Evolution launches world’s first online live Craps game

              Trending Tags

              • EVENTS
                Inside Asian Gaming to introduce unique event concept for Macau After Dark 8 at Portuguese restaurant Portucau

                Inside Asian Gaming to introduce unique event concept for Macau After Dark 8 at Portuguese restaurant Portucau

                Macau Wine & Dine returns this week with unique tasting event at Artyzen Grand Lapa Macau

                Macau Wine & Dine returns this week with unique tasting event at Artyzen Grand Lapa Macau

                Inside Asian Gaming names Portucau as venue for Macau After Dark 8 on 5 March 2021

                Inside Asian Gaming names Portucau as venue for Macau After Dark 8 on 5 March 2021

                Winter wonderland

                Clarion Gaming cancels this year’s ICE London

                AIGF leaders join SBC Digital India’s high-level speaker line-up

                AIGF leaders join SBC Digital India’s high-level speaker line-up

                Winter wonderland

                Alex Pratt, Stuart Hunter take the reins as ICE organizer Clarion Gaming announces management changes

                Trending Tags

                • MACAU
                  No significant increase to Macau visitor numbers on first weekend of IVS resumption

                  First mainland China visa for Macau-based foreign resident since outbreak of COVID-19 issued

                  IAG Spot Count: Macau satellite and 2nd tier casinos keep chugging along

                  Macau should adjust the ratio of contribution from gaming to the economy: Beijing

                  Wynn Palace

                  Wynn Macau offers two special vacation days to staff who receive COVID-19 vaccine

                  Inside Asian Gaming to introduce unique event concept for Macau After Dark 8 at Portuguese restaurant Portucau

                  Inside Asian Gaming to introduce unique event concept for Macau After Dark 8 at Portuguese restaurant Portucau

                  Analysts agree VIP sector woes to remain for years to come

                  Macau government sees gaming tax revenue fall 63.6% year-on-year in January

                  4Q20 key metrics for Macau gaming companies

                  4Q20 key metrics for Macau gaming companies

                  Trending Tags

                  • JAPAN
                    VIDEO: IAG Japan discusses the race to develop integrated resorts in Japan

                    VIDEO: IAG Japan discusses the race to develop integrated resorts in Japan

                    Lawrence Ho tipping Yokohama IR cost of “at least US$10 billion”

                    Yokohama mayor says IR will be a campaigning point but not sole election issue

                    Las Vegas Sands unlikely to return to Japan despite potential Tokyo lure

                    Japanese Minister says interest of foreign companies shows Japan’s IRs will be profitable

                    IAG Vice Chairman and CEO Andrew W Scott among speakers as Nagasaki hosts first symposium on international tourism HR development

                    IAG Vice Chairman and CEO Andrew W Scott among speakers as Nagasaki hosts first symposium on international tourism HR development

                    Gateway to Japan

                    Pixel Companyz reports US$8.8 million loss in FY20 but confident in revenue potential of Nagasaki IR

                    Pixel Companyz recruits Japanese Olympic gymnast Kohei Uchimura as ambassador for Nagasaki IR bid

                    Pixel Companyz recruits Japanese Olympic gymnast Kohei Uchimura as ambassador for Nagasaki IR bid

                    Trending Tags

                    • REGIONAL
                      • All
                      • Africa
                      • Australia
                      • Cambodia
                      • China
                      • CNMI
                      • Europe
                      • Hong Kong
                      • India
                      • Japan
                      • Laos
                      • Latin America
                      • Macau
                      • Malaysia
                      • Nepal
                      • New Zealand
                      • North America
                      • North Korea
                      • Philippines
                      • Russia
                      • Singapore
                      • South Korea
                      • Sri Lanka
                      • Thailand
                      • Vietnam
                      VIDEO: IAG Japan discusses the race to develop integrated resorts in Japan

                      VIDEO: IAG Japan discusses the race to develop integrated resorts in Japan

                      Lawrence Ho tipping Yokohama IR cost of “at least US$10 billion”

                      Yokohama mayor says IR will be a campaigning point but not sole election issue

                      No significant increase to Macau visitor numbers on first weekend of IVS resumption

                      First mainland China visa for Macau-based foreign resident since outbreak of COVID-19 issued

                      Donaco looks inward as Lee Bug Huy named new CEO

                      Thailand unlikely to legalize casino gambling, prospects bright for Cambodia’s border casinos: Donaco

                      IAG Spot Count: Macau satellite and 2nd tier casinos keep chugging along

                      Macau should adjust the ratio of contribution from gaming to the economy: Beijing

                      Wynn Palace

                      Wynn Macau offers two special vacation days to staff who receive COVID-19 vaccine

                      Trending Tags

                      • POWER 50
                        2020 Asian Gaming Power 50: Top of the World

                        Singapore Court of Appeals denies Bloomberry’s latest appeal in long-running battle with GGAM over terminated Solaire agreement

                        Power restored

                        Power restored

                        2020 Asian Gaming Power 50: Top of the World

                        2020 Asian Gaming Power 50: Top of the World

                        2020 Asian Gaming Power 50: Meet the panel

                        2020 Asian Gaming Power 50: Meet the panel

                        2020 Asian Gaming Power 50: Ones to watch

                        2020 Asian Gaming Power 50 list

                        2020 Asian Gaming Power 50: Number 4 – Lawrence Ho

                        2020 Asian Gaming Power 50: Number 1 – Francis Lui

                        Trending Tags

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                        IAG
                        • NEWS
                          VIDEO: IAG Japan discusses the race to develop integrated resorts in Japan

                          VIDEO: IAG Japan discusses the race to develop integrated resorts in Japan

                          Lawrence Ho tipping Yokohama IR cost of “at least US$10 billion”

                          Yokohama mayor says IR will be a campaigning point but not sole election issue

                          No significant increase to Macau visitor numbers on first weekend of IVS resumption

                          First mainland China visa for Macau-based foreign resident since outbreak of COVID-19 issued

                          Donaco looks inward as Lee Bug Huy named new CEO

                          Thailand unlikely to legalize casino gambling, prospects bright for Cambodia’s border casinos: Donaco

                          IAG Spot Count: Macau satellite and 2nd tier casinos keep chugging along

                          Macau should adjust the ratio of contribution from gaming to the economy: Beijing

                          Wynn Palace

                          Wynn Macau offers two special vacation days to staff who receive COVID-19 vaccine

                          Trending Tags

                          • FEATURES
                            Uneasy alliance

                            Uneasy alliance

                            Turning RG Japanese

                            Turning RG Japanese

                            2021: Japan IR – Crunch time part 2

                            2021: Japan IR – Crunch time part 2

                            Diving into digital

                            Diving into digital

                            10 years ago: Many happy returns

                            10 years ago: Many happy returns

                            RG and the  player journey

                            RG and the player journey

                            Trending Tags

                            • PEOPLE
                              Home is where the heart is

                              Home is where the heart is

                              Dave Smith: Smell of success

                              Dave Smith: Smell of success

                              Scientific Games insists liquidity position strong after adding US$480 million in debt, cutting costs

                              Scientific Games appoints Eileen Moore Johnson as Executive Vice President and Chief Human Resources Officer

                              Creation theory

                              Creation theory

                              Paltronics announces passing of Stephen Cowan, much-admired Managing Director

                              Paltronics announces passing of Stephen Cowan, much-admired Managing Director

                              Dark days

                              POST-COVID2: The most transformative business shock of our lifetimes

                              Trending Tags

                              • COLUMNISTS
                                Gateway to Japan

                                OPINION: Japan seeking its pound of flesh

                                Memories of the man that was Sheldon Adelson

                                Memories of the man that was Sheldon Adelson

                                Big money

                                A decade of differentiation

                                A decade of differentiation

                                How to set up for IR success

                                How to set up for IR success

                                Macau: Taking a sensible approach to responsible gaming

                                Macau: Taking a sensible approach to responsible gaming

                                Trending Tags

                                • TECH TALK
                                  Scientific Games granted approval for release of third Duo Fu Duo Cai game into Asia

                                  Scientific Games granted approval for release of third Duo Fu Duo Cai game into Asia

                                  Aristocrat launches new MarsX Portrait cabinet

                                  Aristocrat launches new MarsX Portrait cabinet

                                  Cat call

                                  Cat call

                                  Asia Pioneer Entertainment keeping up the pace in challenging times

                                  Asia Pioneer Entertainment keeping up the pace in challenging times

                                  Two more TVBET card games granted GLI certification

                                  Two more TVBET card games granted GLI certification

                                  Scientific Games granted approval for latest Jin Ji Bao Xi game “Singing Cats”

                                  Scientific Games granted approval for latest Jin Ji Bao Xi game “Singing Cats”

                                  Trending Tags

                                  • iGAMING
                                    TVBET expands through Alavara Digital partnership

                                    TVBET expands through Alavara Digital partnership

                                    Live-games integration as an effective marketing tool for increasing bets

                                    TVBET to enter the Montenegro iGaming market

                                    Manila restrictions ease as Duterte implements General Community Quarantine for National Capital Region

                                    Philippine police arrest eight alleged members of POGO-linked “kidnap for ransom” gang

                                    PAGCOR reveals substantial POGO revenue rise in 2018 as enforcement role defended

                                    Philippines court order preventing new 5% franchise tax could halt POGO exodus

                                    MGM Resorts looking to raise US$750 million via senior notes offering

                                    MGM Resorts considering US$13 billion takeover offer for Ladbrokes owner Entain

                                    Evolution launches world’s first online live Craps game

                                    Evolution launches world’s first online live Craps game

                                    Trending Tags

                                    • EVENTS
                                      Inside Asian Gaming to introduce unique event concept for Macau After Dark 8 at Portuguese restaurant Portucau

                                      Inside Asian Gaming to introduce unique event concept for Macau After Dark 8 at Portuguese restaurant Portucau

                                      Macau Wine & Dine returns this week with unique tasting event at Artyzen Grand Lapa Macau

                                      Macau Wine & Dine returns this week with unique tasting event at Artyzen Grand Lapa Macau

                                      Inside Asian Gaming names Portucau as venue for Macau After Dark 8 on 5 March 2021

                                      Inside Asian Gaming names Portucau as venue for Macau After Dark 8 on 5 March 2021

                                      Winter wonderland

                                      Clarion Gaming cancels this year’s ICE London

                                      AIGF leaders join SBC Digital India’s high-level speaker line-up

                                      AIGF leaders join SBC Digital India’s high-level speaker line-up

                                      Winter wonderland

                                      Alex Pratt, Stuart Hunter take the reins as ICE organizer Clarion Gaming announces management changes

                                      Trending Tags

                                      • MACAU
                                        No significant increase to Macau visitor numbers on first weekend of IVS resumption

                                        First mainland China visa for Macau-based foreign resident since outbreak of COVID-19 issued

                                        IAG Spot Count: Macau satellite and 2nd tier casinos keep chugging along

                                        Macau should adjust the ratio of contribution from gaming to the economy: Beijing

                                        Wynn Palace

                                        Wynn Macau offers two special vacation days to staff who receive COVID-19 vaccine

                                        Inside Asian Gaming to introduce unique event concept for Macau After Dark 8 at Portuguese restaurant Portucau

                                        Inside Asian Gaming to introduce unique event concept for Macau After Dark 8 at Portuguese restaurant Portucau

                                        Analysts agree VIP sector woes to remain for years to come

                                        Macau government sees gaming tax revenue fall 63.6% year-on-year in January

                                        4Q20 key metrics for Macau gaming companies

                                        4Q20 key metrics for Macau gaming companies

                                        Trending Tags

                                        • JAPAN
                                          VIDEO: IAG Japan discusses the race to develop integrated resorts in Japan

                                          VIDEO: IAG Japan discusses the race to develop integrated resorts in Japan

                                          Lawrence Ho tipping Yokohama IR cost of “at least US$10 billion”

                                          Yokohama mayor says IR will be a campaigning point but not sole election issue

                                          Las Vegas Sands unlikely to return to Japan despite potential Tokyo lure

                                          Japanese Minister says interest of foreign companies shows Japan’s IRs will be profitable

                                          IAG Vice Chairman and CEO Andrew W Scott among speakers as Nagasaki hosts first symposium on international tourism HR development

                                          IAG Vice Chairman and CEO Andrew W Scott among speakers as Nagasaki hosts first symposium on international tourism HR development

                                          Gateway to Japan

                                          Pixel Companyz reports US$8.8 million loss in FY20 but confident in revenue potential of Nagasaki IR

                                          Pixel Companyz recruits Japanese Olympic gymnast Kohei Uchimura as ambassador for Nagasaki IR bid

                                          Pixel Companyz recruits Japanese Olympic gymnast Kohei Uchimura as ambassador for Nagasaki IR bid

                                          Trending Tags

                                          • REGIONAL
                                            • All
                                            • Africa
                                            • Australia
                                            • Cambodia
                                            • China
                                            • CNMI
                                            • Europe
                                            • Hong Kong
                                            • India
                                            • Japan
                                            • Laos
                                            • Latin America
                                            • Macau
                                            • Malaysia
                                            • Nepal
                                            • New Zealand
                                            • North America
                                            • North Korea
                                            • Philippines
                                            • Russia
                                            • Singapore
                                            • South Korea
                                            • Sri Lanka
                                            • Thailand
                                            • Vietnam
                                            VIDEO: IAG Japan discusses the race to develop integrated resorts in Japan

                                            VIDEO: IAG Japan discusses the race to develop integrated resorts in Japan

                                            Lawrence Ho tipping Yokohama IR cost of “at least US$10 billion”

                                            Yokohama mayor says IR will be a campaigning point but not sole election issue

                                            No significant increase to Macau visitor numbers on first weekend of IVS resumption

                                            First mainland China visa for Macau-based foreign resident since outbreak of COVID-19 issued

                                            Donaco looks inward as Lee Bug Huy named new CEO

                                            Thailand unlikely to legalize casino gambling, prospects bright for Cambodia’s border casinos: Donaco

                                            IAG Spot Count: Macau satellite and 2nd tier casinos keep chugging along

                                            Macau should adjust the ratio of contribution from gaming to the economy: Beijing

                                            Wynn Palace

                                            Wynn Macau offers two special vacation days to staff who receive COVID-19 vaccine

                                            Trending Tags

                                            • POWER 50
                                              2020 Asian Gaming Power 50: Top of the World

                                              Singapore Court of Appeals denies Bloomberry’s latest appeal in long-running battle with GGAM over terminated Solaire agreement

                                              Power restored

                                              Power restored

                                              2020 Asian Gaming Power 50: Top of the World

                                              2020 Asian Gaming Power 50: Top of the World

                                              2020 Asian Gaming Power 50: Meet the panel

                                              2020 Asian Gaming Power 50: Meet the panel

                                              2020 Asian Gaming Power 50: Ones to watch

                                              2020 Asian Gaming Power 50 list

                                              2020 Asian Gaming Power 50: Number 4 – Lawrence Ho

                                              2020 Asian Gaming Power 50: Number 1 – Francis Lui

                                              Trending Tags

                                              No Result
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                                              IAG
                                              No Result
                                              View All Result

                                              Japan IR submission deadline likely to be extended by six to 12 months, impacted by Macau re-tendering timeline

                                              Ben Blaschke by Ben Blaschke
                                              Friday 28 August 2020 at 06:56
                                              Lost in translation
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                                              Japan’s national government will almost certainly extend the timeline for submissions to develop one of the country’s first integrated resorts by between six and 12 months, according to Yokohama-based consultant Joji Kokuryo.

                                              But a proposed two-year extension is almost certainly off the table – for now at least – with the looming re-tendering process for casino licenses in Macau to influence any decisions made in Japan.

                                              The prospect of Macau’s own licensing concerns impacting Japan was raised during the sixth edition of IAG’s GAME online business platform on Thursday night, which saw IAG CEO Andrew W Scott and Bay City Ventures Managing Director Joji Kokuryo discussing the topic of “Japan: where to now.”

                                              Among the most pressing issues facing development of Japan’s IR industry is the timeline, which had called for the government’s Basic Policy to be released by 26 July this year and submissions by local governments and their chosen operator partners to be made between January and July 2021.

                                              With the Basic Policy still nowhere to be seen and COVID-19 slowing the process for interested localities, it is expected the national government will now extend the timeline for submissions with Kokuryo tipping an extension of up to 12 months.

                                              “The deadline for the national submission was originally the end of July next year, and at this rate we are not going to hit that date – it’s not a very viable date considering that there is still no national policy,” he said.

                                              “So the next logical question is how long is the extension going to be? There has to be a logic on that front. A lot of people are saying two years, but let’s think about what’s happening in Macau in two years – the concession retendering.

                                              “If you have operators that work in both markets (such as MGM, Galaxy and Melco Resorts), it’s part of their whole business plan. If these are the operators the Japanese government wants to bring then it would be in their best interest to make sure it doesn’t overlap with something that is already a heavy burden on these companies.”

                                              With the current timeline providing unreasonable time pressures and a two-year extension providing no added benefit to any new jurisdictions that may want to enter the race, Kokuryo said an extension of six to 12 months made most sense.

                                              “The idea of a two-year extension I would scrap, so realistically I think we are looking at six months or a year for the extension,” he said.

                                              Scott noted, however, that this could change if Macau itself also delayed its re-tendering process – a growing possibility given the impact of COVID-19 and a lack of information from the Macau government on the proposed re-tender process.

                                              “Legislatively, Macau could extend the current concessions for up to another five years,” he said. “If this was to happen it might give Japan some leeway in their process too.”

                                              RelatedPosts

                                              VIDEO: IAG Japan discusses the race to develop integrated resorts in Japan

                                              VIDEO: IAG Japan discusses the race to develop integrated resorts in Japan

                                              Monday 8 March 2021 at 06:19
                                              Lawrence Ho tipping Yokohama IR cost of “at least US$10 billion”

                                              Yokohama mayor says IR will be a campaigning point but not sole election issue

                                              Monday 8 March 2021 at 05:50
                                              Inside Asian Gaming to introduce unique event concept for Macau After Dark 8 at Portuguese restaurant Portucau

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                                              Thursday 4 March 2021 at 10:44
                                              Las Vegas Sands unlikely to return to Japan despite potential Tokyo lure

                                              Japanese Minister says interest of foreign companies shows Japan’s IRs will be profitable

                                              Wednesday 3 March 2021 at 07:02
                                              Load More
                                              Tags: Basic PolicyGameInside Asian GamingirJapanJoji KokuryoSubmission deadlinetimeline
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                                              Ben Blaschke

                                              Ben Blaschke

                                              A former sports journalist in Sydney, Australia, Ben has been Managing Editor of Inside Asian Gaming since early 2016. He played a leading role in developing and launching IAG Breakfast Briefing in April 2017 and oversees as well as being a key contributor to all of IAG’s editorial pursuits.

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