Asia

Japan Opens Application Window for IR Submissions

Published

4 years ago

October 6, 2021

Niji Narayan

Reading Time: < 1 minute

Japan’s bicameral legislature has finally opened the application window for three integrated resorts licences. Those cities and prefectures interested in developing an Integrated Resort will have until 28 April 2022 to submit their final project proposals.

Authorities will allow three licences, and there are currently only three cities expected to bid for them: Nagasaki, Osaka and Wakayama. All three could be chosen; however, it is possible that the public authority picks only one or two, or even none.

The criteria established by the national government last December states that applications will be judged based on a points scale of up to 1000 and under five key criteria:

The commitment of the IR to the Japanese travel industry (up to 450 points).
The capacity to run a safe business (200 points).
The national economic and social effects (150 points).
Programmes to address gambling-related harm (150 points).
The use of casino revenue for the public good (50 points).

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Niji Narayan

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.