Published
Industry

Yokohama might drop out of Japan's IR race

The Yokohama prefecture will likely drop out of the bid to host a Japanese integrated resort (IR).

yokohama

The decision on whether to leave the prefecture in the race, or withdraw, will largely depend on the mayoral election taking place in August.

Asia Gaming Brief has reported a possible candidate from the ruling party, Hachiro Okonogi, will not support the IR project.

“If I do become mayor, the first thing I will do is stop the Integrated Resort plan,” said Okonogi.

“I will cancel it because we have not gained the trust of the citizens.”

While he claims he personally has nothing against the IR project, his stance is based on the opposition the resort faces from the citizens of Yokohama.

While there’s no outright confirmation Okonogi will take part in the mayoral election, he recently resigned as chairman of the National Public Safety Commission, and he has the support of Prime Minister Yoshihide Suga.

Should Yokohama drop out of the IR race, it would impact the plans of Genting Singapore, Sega Sammy and Melco Resorts, all of which were aiming to become the prefecture’s IR partner.

Observers believe that, with the withdrawal of Yokohama, Tokyo might be tempted to step in as a last-minute option.

However, citizens of the capital have expressed similar concerns to those on show in Yokohama, with more than 60% of citizens opposing the idea of an IR in the city.

This leaves Osaka as one of the main contenders for the IR spot, with Nagasaki and Wakayama also remaining in the race.

In total, Japan is planning to allow no more than three IRs in the country. Right now, though, even that number looks ambitious.


Asia News Sponsor
Premium+ Connections
Premium

PIN-UP Partners

 
Premium

Revsharks

 
Premium

GammaStack

 
Premium

Sport Generate

 
Premium

1xBet Partners

 
Premium

Digitain

 
Premium

Lynon

 
Premium

Imagine Live

 
Premium

RISK

 
Premium

Galaxsys

 
 
Premium Connections
Consultancy

SCCG Management

Executive Profiles
Zeal Network SE

Stefan Tweraser

VIP Play

Les Ottolenghi

Scientific Games

Keshav Pitani

Social & App

Spribe CEO exclusive: Simplicity is the foundation

Spribe CEO David Natroshvili speaks to Gambling Insider abou...

Redefining iGaming: A history of crash games

Crash games is a growing vertical that has taken gambling by...

A certain something: What makes crash games special?

Crash games. They’re simple, they’re easy to learn and,...

Smarter innovation to shape the future

Spribe CCO Giorgi Tsutskiridze discusses the past, present a...

Facing Facts: The corner of quarterly contemplation

With Q1 reports out across the industry, Gambling Insider co...

Taking Stock: A guide to key stock prices across the industry

Gambling Insider tracks prices from some of the industry’s...

15 years of Gambling Insider: From the Founders

Over the last 15 years, Gambling Insider magazine has interv...

15 years of Gambling Insider: The Awards over time

Global Gaming Awards Event Manager Mariya Savova gives us he...