• 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

Osaka open in March to new participants for local IR effort

Feb 17, 2021 Newsdesk Japan, Latest News, Top of the deck  


Osaka open in March to new participants for local IR effort

The Japanese metropolis of Osaka is willing to receive in March, any new applications from private-sector interests seeking to partner Osaka in its tilt at hosting a casino resort scheme. The news was given in a Friday statement, according to information collated by GGRAsia’s Japan correspondent.

The same announcement noted that the building of a casino complex with casino, meeting facilities, shops, hotels and entertainment – an integrated resort (IR) as they are known in Japan – could take place in Osaka after 2023, should the metropolis eventually gain the national certification to do so. A site on Yumeshima island (pictured in a file photo), has been earmarked for any such development.

United States-based casino operator MGM Resorts International and its local partner Orix have been the sole qualified consortium so far in Osaka, as part of the city and prefecture’s joint plan to pursue one of the three casino resorts in the first phase of market liberalisation in Japan.

MGM Resorts is the parent of Macau operator MGM China Holdings Ltd.

In its Friday announcement, the Osaka authorities noted changes made to the metropolis’ draft integrated resort (IR) implementation policy.

They include some updates to its schedule for the request-for-proposal (RFP) process. Tthe local government has marked the deadline of the RFP submission for July; and plans to select the private-sector partner for the Osaka IR scheme, in September.

Osaka’s IR development plan will be submitted to the national government in April 2022. If Osaka were eventually approved to host an IR scheme, the project opening would likely take place “in the latter half” of 2020s.

The latest revision to Osaka’s IR implementation policy also includes some relaxations made on the requirements regarding space for meetings, incentives, conferences and exhibitions (MICE), and for hotel accommodation, with the selected IR operator permitted to make gradual expansion of these components.

At launch, the exhibition space of an Osaka IR should be larger than 20,000 square metres (215,278 sq feet). The Osaka authorities stipulate such type of facility should expand to more than 60,000 sq ms within 15 years of the project’s launch, and that eventually it should grow to larger than 100,000 square metres.

The IR’s hotel room space should, in aggregate be more than 100,000 square metres by the time of the Osaka IR project launches. Eventually, the Osaka IR project should house more than 3,000 hotel rooms, according to Osaka’s revised IR implementation policy.


  • tweet
Related articles
  • MGM expects autumn announcement on Japan IR licence
    MGM expects autumn announcement on...

    Jun 21, 2022  

  • Osaka, Nagasaki submit IR bids to Japan’s national govt
    Osaka, Nagasaki submit IR bids to...

    Apr 27, 2022  

More news
  • 500 in Grand Lisboa lockdown, Macau Covid cases top 1,160
    500 in Grand Lisboa lockdown, Macau...

    Jul 06, 2022  

  • Coughlan to exit as Wynn Macau Ltd president in February
    Coughlan to exit as Wynn Macau Ltd...

    Jul 06, 2022  


Latest News

500 in Grand Lisboa lockdown, Macau Covid cases top 1,160

500 in Grand Lisboa lockdown, Macau Covid cases top 1,160

Jul 06, 2022  

More than 500 people are still inside the Grand Lisboa casino hotel after the complex was locked down on Tuesday by the local authorities, said an official during a Wednesday afternoon briefing on...
Read More
Coughlan to exit as Wynn Macau Ltd president in February

Coughlan to exit as Wynn Macau Ltd president in February

Jul 06, 2022  

Fitch downgrades Crown, signs off on rating casino firm

Fitch downgrades Crown, signs off on rating casino firm

Jul 06, 2022  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day

”As the Macau gaming revenue structure is now leaning heavily towards the mass business … once the border fully reopens, the recovery from mass should drive the sector to bounce more swiftly”

Vitaly Umansky, Louis Li and Shirley Yang

Analysts at Sanford C. Bernstein



Most Popular

  • Four Seasons Macao shops paused on Covid casesFour Seasons Macao shops paused on Covid cases July 4, 2022
  • Macau’s Grand Lisboa cordoned amid 13-case Covid clusterMacau’s Grand Lisboa cordoned amid 13-case Covid… July 5, 2022
  • Macau publishes amendment to public tender regulationMacau publishes amendment to public tender regulation July 5, 2022
  • GKL sees June casino sales up 34pct sequentiallyGKL sees June casino sales up 34pct sequentially July 4, 2022
  • Coughlan to exit as Wynn Macau Ltd president in FebruaryCoughlan to exit as Wynn Macau Ltd president in February July 6, 2022
Copyright 2014-2022 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us