• About Us
  • The Team
  • Advertise with Us

The latest news on the gaming industry in Asia

() () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()
  • Home
  • Macau
  • Philippines
  • Singapore
  • Japan
  • Rest of Asia
  • World
  • Industry Talk
  • Trends & Tech
  • iGaming
  • follow
    • Facebook
    • Twitter
    • RSS Feed
    • LinkedIn

Japan’s Wakayama delays casino RFP, cites pandemic

Jun 01, 2020 Newsdesk Japan, Latest News, Top of the deck  


Japan’s Wakayama delays casino RFP, cites pandemic

The authorities in Japan’s Wakayama prefecture (pictured) announced on Monday that they would only aim to select by January 2021 – instead of mid-November this year – a private-sector partner for the prefecture’s tilt at having a casino complex or integrated resort (IR).

The prefecture confirmed to GGRAsia in an email that the Covid-19 emergency recently experienced by Japan had been a factor in the decision.

The local government has also pushed back the deadline for submission of request-for-proposal (RFP) materials by would-be private-sector suitors from the original date of August 31, to October 19.

The changes were announced by the prefectural IR Promotion Office. It said there might be further amendments to the schedule, depending on “national trends”.

Japan declared on April 16 a nationwide Covid-19 emergency and only lifted it completely – via Tokyo and Hokkaido – on May 25. Constraints on domestic travel and certain restrictions on private business activities during the emergency had been factors for Wakayama in its latest decision, the prefecture told GGRAsia.

Wakayama expects the national government to decide on which locations can have a casino resort – a maximum of three will be allowed in a first phase of liberalisation – around “autumn to winter” 2021. Should a Wakayama casino resort scheme be approved it should be able to open “in spring 2025”, indicated the website of the IR Promotion Office.

Responding to a GGRAsia enquiry on the topic, the IR Promotion Office said it did not plan to ask the national government to extend the national application period. That is due to be within the first seven months of 2021.

The Wakayama prefectural government announced last month that two respective suitors had qualified for its RFP process. The declared suitors were: Suncity Group Holdings Japan Co Ltd and Clairvest Neem Ventures. The former is a Japan unit linked to privately-held Macau junket investor Suncity Group Ltd.  Clairvest Neem Ventures is a unit of Canada-based private-equity management firm Clairvest Group.


  • tweet
Related articles
  • Shinhwa World to add condos, villas amid recovery: exec
    Shinhwa World to add condos, villas...

    May 26, 2022  

  • Macau unemployment an instability factor to security: govt
    Macau unemployment an instability...

    May 24, 2022  

More news
  • Casino tech supplier TCS launches money wheel for iGaming
    Casino tech supplier TCS launches money...

    May 27, 2022  

  • SJM to acquire Oceanus building for US$243mln in bonds
    SJM to acquire Oceanus building for...

    May 27, 2022  


Latest News

Casino tech supplier TCS launches money wheel for iGaming

Casino tech supplier TCS launches money wheel for iGaming

May 27, 2022  

TCS John Huxley Ltd, an equipment provider to the bricks and mortar casino industry, says it has launched to market a money wheel game “designed specifically for the iGaming sector”. “Mega Tilt...
Read More
SJM to acquire Oceanus building for US$243mln in bonds

SJM to acquire Oceanus building for US$243mln in bonds

May 27, 2022  

Alvin Chau indicted for illegal gaming, money laundering

Alvin Chau indicted for illegal gaming, money laundering

May 26, 2022  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day


540,430

Visitors arrivals to Singapore in the first four months of 2022



Most Popular

  • Alvin Chau indicted for illegal gaming, money launderingAlvin Chau indicted for illegal gaming, money laundering May 26, 2022
  • Wynn Macau Ltd asks managers to take 10pct wage in stockWynn Macau Ltd asks managers to take 10pct wage in stock May 24, 2022
  • Marina Bay Sands to hire up to 2,000 workers: firmMarina Bay Sands to hire up to 2,000 workers: firm May 26, 2022
  • Macau satellites seek biz model leeway, says Ponte 16 bossMacau satellites seek biz model leeway, says Ponte 16 boss May 26, 2022
Copyright 2014-2022 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us