• 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

Wakayama casino RFP deadline affirms still 2 suitors

Jan 18, 2021 Newsdesk Japan, Latest News, Top of the deck  


Wakayama casino RFP deadline affirms still 2 suitors

Japan’s Wakayama prefecture confirmed on Friday (January 15) that no new suitors interested in being private-sector partner for the local government’s tilt at a casino resort, had come forward to make submissions for its pushed-back request-for-proposal (RFP) phase.

The interested parties that did make submissions by the time of Friday’s RFP revised deadline, were the same entities that had already shown an appetite for involvement and had in May been declared by the prefecture as qualified to take part in its RFP.

They were: Clairvest Neem Ventures and Suncity Holdings Japan Co Ltd, according to information collated by GGRAsia’s Japan correspondent. Clairvest Neem Ventures is a unit of Canada-based private-equity management firm Clairvest Group. The other suitor is a Japan unit linked to privately-held Macau junket investor Suncity Group.

Wakayama had in November stated that January 15 would be its new submission deadline for an RFP regarding an integrated resort (IR), as large-scale casino complexes with associated tourism facilities, are known in Japan.

The new deadline was nearly three months later than had been previously flagged.

Wakayama’s governor, Yoshinobu Nisaka, has previously said the prefecture (pictured) had assurances at national-government level that Wakayama’s proximity to the metropolis of Osaka – considered by some commentators as a front runner for an IR – would not weigh against Wakayama when it came to national-level assessments of projects.

Local governments must first find a private-sector partner, and then apply to the central authorities for the right to have one. Up to three such venues will be permitted in Japan to coincide with the opening up of the market.

The global Covid-19 crisis helped to push back by nine months – to October 2021 – the timetable under which Japan’s national authorities will start accepting bids from local governments interested in hosting a casino resort.


  • tweet
Related articles
  • Nagasaki says Credit Suisse woes not to impact IR plan
    Nagasaki says Credit Suisse woes not to...

    Mar 20, 2023  

  • Osaka earmarks US$4.5mln for IR effort in fiscal year 2023
    Osaka earmarks US$4.5mln for IR effort...

    Feb 17, 2023  

More news
  • Philippines must strengthen junket AML controls: watchdog
    Philippines must strengthen junket AML...

    Mar 22, 2023  

  • Vietnam’s Hoiana says has several partners to bring biz
    Vietnam’s Hoiana says has several...

    Mar 22, 2023  


Latest News

Philippines must strengthen junket AML controls: watchdog

Philippines must strengthen junket AML controls: watchdog

Mar 22, 2023  

Anti-money laundering (AML) controls in the Philippines’ casino sector need to be strengthened, says an analysis report by the country’s AML watchdog. The body pointed the finger at the junket...
Read More
Vietnam’s Hoiana says has several partners to bring biz

Vietnam’s Hoiana says has several partners to bring biz

Mar 22, 2023  

Jennifer Kartono named chief HR officer of Crane NXT

Jennifer Kartono named chief HR officer of Crane NXT

Mar 22, 2023  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day

”We are seriously considering the privatisation of all Pagcor-operated casinos”

Alejandro Tengco

Chairman and chief executive of the Philippine Amusement and Gaming Corp (Pagcor)



Most Popular

  • Universal Ent seeks to end SPAC deal for Okada Manila listingUniversal Ent seeks to end SPAC deal for Okada Manila… March 20, 2023
  • Macau GGR for March 1 to 19 at US$845mln: JP MorganMacau GGR for March 1 to 19 at US$845mln: JP Morgan March 20, 2023
  • Let’s Win hosts grand opening for club at Hoiana in VietnamLet’s Win hosts grand opening for club at Hoiana in… March 20, 2023
  • Macau ops getting overseas visitors via private jets: reportMacau ops getting overseas visitors via private jets: report March 21, 2023
  • US$165mln syndicated loan for Hann Reserve, says promoterUS$165mln syndicated loan for Hann Reserve, says promoter March 20, 2023
Copyright 2014-2023 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us