Japan’s central government is unlikely to push back the previously set license application deadline for the country’s first integrated casino resorts. This is stated in a report provided by the consulting firm Global Market Advisors LLC (GMA).
Japan legalized casino gambling in late 2016. The country’s casinos can only be part of larger multi-purpose complexes known as integrated resorts. The central government of Japan authorized the development of up to three such facilities in the first phase of the liberalization of the casino market. Cities and prefectures interested in hosting one of Japan’s first integrated resorts must find a private sector partner to be able to participate in the license application process.
It is expected that the window for accepting applications for such licenses will open in January 2021 and will be valid until July 2021. According to the GMA, this timetable will persist despite the fact that Japan is currently in a state of emergency amid the global Covid-19 pandemic.
In a recent paper, the GMA said it believes there are only six suitable locations in Japan, with two of them – Nagoya and Tokyo – not yet formally involved in the process. Four other prefectures that are heavily involved in the application process for the casino resort are Nagasaki, Osaka, Wakayama, and Yokohama.