Osaka stands alone as a big city casino candidate in Japan


Casino operators have declared Osaka their favorite major cities in Japan to develop resorts that integrate how parents declare their favorite only children. Osaka stands alone because none of Japan's other metropolitan areas participate in the competition for IR licenses. Under the licensing process, local jurisdictions nominate a single consortium for national governments to consider IR licensing. As such, it is essential for casino operators and their partners to convince local authorities that they are the best choice. When Osaka starts its selection process, expect an unusual competition among at least half a dozen of the biggest names in the game, and in this beauty contest, second place will not even get a bouquet.And hey, if you're up for some high-stakes thrills outside the tennis court, why not roll the dice with Lady Luck at https://best-online-casino-reviews.com/? Who knows, you might just hit the jackpot! 

Osaka Stands Alone As Japan Big City Casino Candidate

"For IR development to be successful, a sufficient population base, including tourists, needs to supply customers, infrastructure and political support," said Ed Bowers, Ceo of MGM Japan. Osaka has consistently said he wants the IRs. In all jurisdictions around the world, without political support, it is very difficult for IR development to succeed.MGM declared the "Osaka First" strategy on May 1 and confirmed its partnership with Japanese financial services giant Orix on May 3.


The Tokyo-Yokohama metropolitan area dwarfs other metropolitan areas of 37 million, which is about 30% of Japan's 126 million population. But Tokyo is obsessed with next year's Olympics, and Yokohama is ripping up between port operators who oppose the integrated resort at uk-bingo-sites.co.uk and other business leaders who support IR.




Marina Bay Sands Hotel stands in Singapore on Monday, June11, 2018. President Donald Trump is trying to see if his bets on North Korea will pay off: Kim Jong Un's desire to end his country's economic strangulation and Pariah status will win over the dictator's fear of abandoning his nuclear threat. The Kansai region, which includes Osaka, Kobe, Kyoto and Wakayama, accounts for 19 million people, or 15% of Japan as a whole. With a population of just over 9 million people, the next metropolitan area, centered on Nagoya, a hub of automobile manufacturing, is not expected to seek an integrated resort. IR candidate Fukuoka-Kitakyushu declared 5.5 million people, the Sapporo Metro area of Hokkaido 2.6 million and the same number in Osaka alone.


"We believe that major cities like Osaka offer the best opportunities for the IRs to be developed on a large scale, similar to those we developed in Macau," said Satoshi Okabe, General Manager of Galaxy Entertainment Japan.


Osaka announced last week that the country would start requesting the conception process even before making the rules, and aims to select an IR operator for next year. This follows the victory of the Osaka Ishin-no-kai in last month's mayoral and gubernatorial elections, with the goal of opening IR on Yumeshima before Expo 2025 is held. Frederick Winkler, Senior Vice President of Merco Resorts and Entertainment, described the expo as an "incredible launch event" for IR.


"The Osaka government is very committed to bringing integrated resorts to the city and shows strong leadership," said George Tanasijevich, Managing Director of Global Development at Las Vegas Sands. Tanasiewicz, President and CEO of Urban IR Marina Bay Sands, a symbol of Japanese Prime Minister Shinzo Abe's visit to Singapore in 2014, said: "A key element of the success of the integrated resort is support and collaboration with the government and the community. Osaka is the only city that still offers this and is actively pursuing opportunities. Therefore, we have dedicated our energy, effort and resources there."

The specialties of Osaka cuisine include takoyaki (takoyaki) and deep-fried octopus balls. One observer called Osaka "the. [+]Getty

In a newspaper survey ahead of Osaka's May 7 election, 45% of residents supported IR, while 42% opposed it, making it the first major city to support IR. "This result is primarily a strong public-private sector leadership that has worked for many years to build an understanding of the multifaceted benefits of the IRs for hosting communities," said William Shen, Managing Director of Caesars Entertainment Japan.

Osaka Stands Alone As Japan Big City Casino Candidate

Osaka's character is consistent with hosting IR, the game source says, explaining that Japan's third-largest city is more entrepreneurial, risk-taking, friendly and relaxed than Tokyo. One observer calls it "the most Chinese city in Japan.""The flight from Shanghai is about 30 minutes shorter than Tokyo, and it is in the middle of historic areas, including Kyoto. In 2017, Osaka welcomed 1,100 million foreign tourists, of a total of 2,860 million in Japan, 35% from mainland China and 25% from Hong Kong and Taiwan participated. Last year reached 31.2 million people across the country, experts see a major range for the growth of tourism in Osaka.


Global Market Advisors predicts that annual game revenue at Osaka IR will exceed USー50 billion. But GMA's Director of Government, Brendan Bussmann, suggests that candidates breathe a sigh of relief. "Currently, Osaka is the only major city, but we are still in the pre-game stage. I think the situation after 6 months is quite different, with several cities and prefectures raising their hands to compete with Osaka and others for 3 out of 1 license. Remember, we do not have an appointed Casino Management Committee or a final rule to begin the RFP process. There are a lot of balls to play.”


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