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Central government stresses selection process for Japanese IR sites to be fair; offer greatest economic impact to Japan

George Miller

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Central government stresses selection process for Japanese IR sites to be fair; offer greatest economic impact to Japan
Photo Source: kanpai.fr
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A briefing that included discussions around integrated resort development was recently held by the Central Government of Japan in Nagoya on 11 January 2019. During the meeting, which included attendance by the Cabinet Office Secretariat, a statement was made that firmly re-instituted the fact that the selection of all prefectural locations who participate in the bid for the development of integrated resorts will be considered and that there is no rule with regards to how the locations will be placed. It was emphasized the fact that the final decisions will be based on the balance of the locations that will ultimately result in advancing Japan’s place as a leader in international tourism.

In the Kansai Region, both Osaka and Wakayama Prefectures have announced their interest as candidates for the coveted licenses for the development of integrated resorts. This emphasis on the balance of placements fairs well for Wakayama, a location that has aggressively worked to promote themselves as a prime candidate for a regional IR development project.

Wakayama has previously stated that the accessibility between themselves and Osaka as well as the unique development plans of each IR would work as a complement. The prefecture has previously stated that “considering the population of the Kansai Region in general as well as the placement of Kansai International Airport, we feel we can create synergy and an even greater economic benefit between the two destinations should integrated resort development be allowed in both Osaka and Wakayama.”

Wakayama completed an RFI process in 2018 which saw seven integrated resort operators showcase their interest in the prefecture.

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Asia

Aristocrat Leisure Limited Suspends Internal Travel in Asia

Niji Narayan

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Aristocrat Leisure Limited Suspends Internal Travel in Asia
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Aristocrat Leisure Limited has suspended staff travel throughout Asia in response to the outbreak of coronavirus. Also, the company is not expecting any major disruption to its business operations.

“Aristocrat has no direct operations in mainland China and relatively small exposure to the Asian region generally,” Trevor Croker, CEO and Managing Director of Aristocrat, said.

“However, we have been closely monitoring developments with a focus on our people, customers and supply chain. We have temporarily suspended travel in the region, and are supporting our staff in Macau and Hong Kong. We are also proactively monitoring and managing potential supply chain impacts. At this stage we do not foresee any material adverse impacts on our business, but we will keep the market updated as appropriate,” Trevor Croker added.

Aristocrat is coming off another record year in 2019, with revenue rising 22.7% to AU$4.4 billion and profit by 22.6% to AU$894.4 million.

“We expect continued growth over the 2020 fiscal full year,” Trevor Croker said.

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Asia

Deltin Group Launches Deltin Casino in Nepal

Niji Narayan

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Deltin Group Launches Deltin Casino in Nepal
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Deltin Group has launched Deltin Casino at The Marriot Hotel in Kathmandu, Nepal. This is the group’s first casino outside of India. The new venture is a result of the company’s agreement with Everest Hospitality and Hotel Pvt. Ltd.

“We believe that compliance and ethics is an integral aspect to our business and so we are happy to join hands with Everest Hospitality and Hotel Pvt Ltd owners of the Marriott Hotel, as both our companies share common values professionalism and excellence in service; our shared values and parallel vision reassures that our business is in safe hands here in Nepal,” Anil Malani, President and CEO of Deltin Group, said.

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Asia

Macau Casinos to Resume Operations from February 20

Niji Narayan

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Macau Casinos to Resume Operations from February 20
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The casinos in Macau are going to resume their operations from February 20 after the authorities imposed a two-week suspension to keep the coronavirus in check. The halt in gaming operations started on February 5.

Macau has not reported any new cases of the virus since February 4. There have been 10 confirmed cases of the virus in total.

Macau government has told casino operators, which include Sands China, Wynn Macau, SJM Holdings, MGM China, Galaxy Entertainment and Melco Resorts, they have 30 days to go back to full business.

While casinos have been given permission to operate, business is likely to be limited, say executives, due to Macau’s strict controls on visitor entry and curtailed transport links, including the suspension of ferry services from neighbouring special administrative region Hong Kong.

Nearly 30 hotels, mostly joined to casinos, have been shuttered for the last two weeks due to the suspension. It was not immediately clear how quickly those operations, as well as other non-gaming amenities, would resume.

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