{"id":186123,"date":"2021-09-18T02:44:39","date_gmt":"2021-09-18T09:44:39","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=186123"},"modified":"2021-09-17T16:06:54","modified_gmt":"2021-09-17T23:06:54","slug":"tokyo-odds-of-entering-japan-casino-pool-remain-long","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/tokyo-odds-of-entering-japan-casino-pool-remain-long\/","title":{"rendered":"Tokyo Odds of Entering Japan Casino Pool Remain Long, Leading Observer Says"},"content":{"rendered":"

Tokyo would be a most ideal setting for a multibillion-dollar integrated resort (IR) casino development. But Japan’s capital city has thus far remained on the sidelines.<\/p>\n

\"Japan
People walk in Tokyo’s Kabukicho district in April of 2020. Japan’s capital hasn’t yet announced its pursuit of a casino resort, as three gaming licenses become available next month. (Image: The New York Times<\/em>)<\/figcaption><\/figure>\n

Japan is slowly inching towards becoming a nation with legal commercial casinos. The country passed its basic policy on gambling more than three years ago.<\/p>\n

The 2018 bill authorizes up to three IR destinations<\/a>. Interested prefectures and cities are to yield their casino pitches to Japan’s central government beginning next month.<\/p>\n

\n

Tokyo isn’t expected to be one of the initial submitters. Though leaders in Japan’s largest city and most important business hub have considered how a casino would integrate with the metro area, Governor Yuriko Koike (Independent) has not offered her support of such an undertaking.<\/p>\n<\/div>\n

The Greater Tokyo Area is the most populated metropolis in the world, with more than 37.4 million people.<\/p>\n

Game of Cat and Mouse<\/b><\/h2>\n

Bay City Ventures Managing Director Joji Kokuryo is a leading advisor on Japan’s path to authorizing casino venues. He says unless Gov. Koike specifically — and publicly — states Tokyo’s intent to land one of the three IR rights, the major players such as Las Vegas Sands and Wynn Resorts shouldn’t be expected to mull an entry in the capital region.<\/p>\n

“This all comes down to a decision by Governor Koike. No one should doubt that Tokyo could include an IR in an Odaiba redevelopment plan. However, anything less than a governor comment is just speculation,” Kokuryo explained.<\/strong><\/p>\n

The expert observer of Japan’s legalization process says there is no reason for a Sands or Wynn to commit to Tokyo unless the prefecture and city confirms its IR candidacy. Spending time and resources, Kokuryo adds, on a Tokyo IR development plan without design specifics detailed by Tokyo is a pointless endeavor.<\/p>\n

\n

I am very surprised by the amount of speculation regarding Tokyo raising their hand for an IR and the US operators coming back,” Kokuryo explained. He went on to say that a worse-case scenario in Tokyo’s eyes would be for it to commit to a casino, and then not have a major IR scheme pitched by a globally known casino firm.<\/p>\n<\/blockquote>\n

“The Tokyo government would need to have confidence that one of the major operators would be coming if they moved forward with an IR. You can see we have a chicken-and-egg situation,” Kokuryo suggested.<\/p>\n

Macau of Little Importance<\/b><\/h2>\n

It was a dismal week for the six licensed commercial casino operators in China’s Macau. After the Special Administrative Region (SAR) said it would take a more active regulatory role<\/a> in its gaming industry in the years ahead, shares of the publicly traded companies tanked.<\/p>\n

\n

More than $18.4 billion in market capitalization was lost during trading last week. Asked by Casino.org <\/i>if Macau’s potentially less attractive operating market might spur more interest in Japan, Kokuryo answered that it’s doubtful.<\/p>\n<\/div>\n

“The recent updates on Macau’s direction likely does not have any new effect on Las Vegas Sands’ interest in Japan. Macau tightening regulations has always been on the table and there are still a lot of details yet to be clarified,” he concluded.<\/p>\n","protected":false},"excerpt":{"rendered":"

Tokyo would be a most ideal setting for a multibillion-dollar integrated resort (IR) casino development. But Japan’s capital city has thus far remained on the sidelines. Japan is slowly inching towards becoming a nation with legal commercial casinos. The country passed its basic policy on gambling more than three years ago. The 2018 bill authorizes […]<\/p>\n","protected":false},"author":25,"featured_media":186127,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[69069,18943],"tags":[],"acf":[],"yoast_head":"\nTokyo Odds of Entering Japan Casino Pool Remain Long, Observer Says<\/title>\n<meta name=\"description\" content=\"Tokyo remains out of the consideration for one of Japan's three forthcoming integrated resort casinos, and that likely won't change in 2021.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.casino.org\/news\/tokyo-odds-of-entering-japan-casino-pool-remain-long\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tokyo Odds of Entering Japan Casino Pool Remain Long, Observer Says\" \/>\n<meta property=\"og:description\" content=\"Tokyo remains out of the consideration for one of Japan's three forthcoming integrated resort casinos, and that likely won't change in 2021.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.casino.org\/news\/tokyo-odds-of-entering-japan-casino-pool-remain-long\/\" \/>\n<meta property=\"og:site_name\" content=\"Casino.org\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Casino.OrgNews\" \/>\n<meta property=\"article:published_time\" content=\"2021-09-18T09:44:39+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-09-17T23:06:54+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/09\/merlin_171358068_17f3ef56-27df-41df-8a78-a0500ec2daa6-superJumbo.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"800\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Devin O'Connor\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@CasinoorgDevinO\" \/>\n<meta name=\"twitter:site\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Devin O'Connor\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.casino.org\/news\/tokyo-odds-of-entering-japan-casino-pool-remain-long\/\",\"url\":\"https:\/\/www.casino.org\/news\/tokyo-odds-of-entering-japan-casino-pool-remain-long\/\",\"name\":\"Tokyo Odds of Entering Japan Casino Pool Remain Long, Observer Says\",\"isPartOf\":{\"@id\":\"https:\/\/www.casino.org\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.casino.org\/news\/tokyo-odds-of-entering-japan-casino-pool-remain-long\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.casino.org\/news\/tokyo-odds-of-entering-japan-casino-pool-remain-long\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/09\/merlin_171358068_17f3ef56-27df-41df-8a78-a0500ec2daa6-superJumbo.jpeg\",\"datePublished\":\"2021-09-18T09:44:39+00:00\",\"dateModified\":\"2021-09-17T23:06:54+00:00\",\"author\":{\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/02b4fee8814a4003903b0021bffb4ebf\"},\"description\":\"Tokyo remains out of the consideration for one of Japan's three forthcoming integrated resort casinos, and that likely won't change in 2021.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.casino.org\/news\/tokyo-odds-of-entering-japan-casino-pool-remain-long\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.casino.org\/news\/tokyo-odds-of-entering-japan-casino-pool-remain-long\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/tokyo-odds-of-entering-japan-casino-pool-remain-long\/#primaryimage\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/09\/merlin_171358068_17f3ef56-27df-41df-8a78-a0500ec2daa6-superJumbo.jpeg\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/09\/merlin_171358068_17f3ef56-27df-41df-8a78-a0500ec2daa6-superJumbo.jpeg\",\"width\":1200,\"height\":800,\"caption\":\"Japan Tokyo casino IR integrated resort\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.casino.org\/news\/tokyo-odds-of-entering-japan-casino-pool-remain-long\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"News\",\"item\":\"https:\/\/www.casino.org\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Research\",\"item\":\"https:\/\/www.casino.org\/news\/research\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Tokyo Odds of Entering Japan Casino Pool Remain Long, Leading Observer Says\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.casino.org\/news\/#website\",\"url\":\"https:\/\/www.casino.org\/news\/\",\"name\":\"Casino.org\",\"description\":\"Latest Casino and Gaming News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.casino.org\/news\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/02b4fee8814a4003903b0021bffb4ebf\",\"name\":\"Devin O'Connor\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-4-1-96x96.png\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-4-1-96x96.png\",\"caption\":\"Devin O'Connor\"},\"description\":\"Devin O'Connor is a senior reporter for Casino.org, covering politics, casino business, entertainment and gaming news on the East Coast. Devin's passion for politics and background in the world of pop culture television gives him insight into the gaming industry backstories that often drive news these days. After graduating from Penn State University with a theater arts degree, he worked at MTV Networks\/Viacom from 2005 to 2010 as a writer and producer. His credits included Total Request Live, New Year's Eve specials, and a special featuring poker superstar Daniel Negreanu. He later moved on to the HGTV\/DIY Network, where he created, wrote, and produced three series specials: That's So House Hunters, That's So 80s, and That's So 90s. Devin came on board with Casino.org in 2014. He lives in Pennsylvania and is an avid marathoner, having completed 15 races. Contact Devin at devin.oconnor@casino.org.\",\"sameAs\":[\"https:\/\/www.linkedin.com\/in\/devinoconnor\/\",\"https:\/\/x.com\/CasinoorgDevinO\"],\"url\":\"https:\/\/www.casino.org\/news\/author\/devin-oconnor\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Tokyo Odds of Entering Japan Casino Pool Remain Long, Observer Says","description":"Tokyo remains out of the consideration for one of Japan's three forthcoming integrated resort casinos, and that likely won't change in 2021.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.casino.org\/news\/tokyo-odds-of-entering-japan-casino-pool-remain-long\/","og_locale":"en_US","og_type":"article","og_title":"Tokyo Odds of Entering Japan Casino Pool Remain Long, Observer Says","og_description":"Tokyo remains out of the consideration for one of Japan's three forthcoming integrated resort casinos, and that likely won't change in 2021.","og_url":"https:\/\/www.casino.org\/news\/tokyo-odds-of-entering-japan-casino-pool-remain-long\/","og_site_name":"Casino.org","article_publisher":"https:\/\/www.facebook.com\/Casino.OrgNews","article_published_time":"2021-09-18T09:44:39+00:00","article_modified_time":"2021-09-17T23:06:54+00:00","og_image":[{"width":1200,"height":800,"url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/09\/merlin_171358068_17f3ef56-27df-41df-8a78-a0500ec2daa6-superJumbo.jpeg","type":"image\/jpeg"}],"author":"Devin O'Connor","twitter_card":"summary_large_image","twitter_creator":"@CasinoorgDevinO","twitter_site":"@Casino_Org","twitter_misc":{"Written by":"Devin O'Connor","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.casino.org\/news\/tokyo-odds-of-entering-japan-casino-pool-remain-long\/","url":"https:\/\/www.casino.org\/news\/tokyo-odds-of-entering-japan-casino-pool-remain-long\/","name":"Tokyo Odds of Entering Japan Casino Pool Remain Long, Observer Says","isPartOf":{"@id":"https:\/\/www.casino.org\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.casino.org\/news\/tokyo-odds-of-entering-japan-casino-pool-remain-long\/#primaryimage"},"image":{"@id":"https:\/\/www.casino.org\/news\/tokyo-odds-of-entering-japan-casino-pool-remain-long\/#primaryimage"},"thumbnailUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/09\/merlin_171358068_17f3ef56-27df-41df-8a78-a0500ec2daa6-superJumbo.jpeg","datePublished":"2021-09-18T09:44:39+00:00","dateModified":"2021-09-17T23:06:54+00:00","author":{"@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/02b4fee8814a4003903b0021bffb4ebf"},"description":"Tokyo remains out of the consideration for one of Japan's three forthcoming integrated resort casinos, and that likely won't change in 2021.","breadcrumb":{"@id":"https:\/\/www.casino.org\/news\/tokyo-odds-of-entering-japan-casino-pool-remain-long\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.casino.org\/news\/tokyo-odds-of-entering-japan-casino-pool-remain-long\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.casino.org\/news\/tokyo-odds-of-entering-japan-casino-pool-remain-long\/#primaryimage","url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/09\/merlin_171358068_17f3ef56-27df-41df-8a78-a0500ec2daa6-superJumbo.jpeg","contentUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/09\/merlin_171358068_17f3ef56-27df-41df-8a78-a0500ec2daa6-superJumbo.jpeg","width":1200,"height":800,"caption":"Japan Tokyo casino IR integrated resort"},{"@type":"BreadcrumbList","@id":"https:\/\/www.casino.org\/news\/tokyo-odds-of-entering-japan-casino-pool-remain-long\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"News","item":"https:\/\/www.casino.org\/news\/"},{"@type":"ListItem","position":2,"name":"Research","item":"https:\/\/www.casino.org\/news\/research\/"},{"@type":"ListItem","position":3,"name":"Tokyo Odds of Entering Japan Casino Pool Remain Long, Leading Observer Says"}]},{"@type":"WebSite","@id":"https:\/\/www.casino.org\/news\/#website","url":"https:\/\/www.casino.org\/news\/","name":"Casino.org","description":"Latest Casino and Gaming News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.casino.org\/news\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/02b4fee8814a4003903b0021bffb4ebf","name":"Devin O'Connor","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/image\/","url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-4-1-96x96.png","contentUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-4-1-96x96.png","caption":"Devin O'Connor"},"description":"Devin O'Connor is a senior reporter for Casino.org, covering politics, casino business, entertainment and gaming news on the East Coast. Devin's passion for politics and background in the world of pop culture television gives him insight into the gaming industry backstories that often drive news these days. After graduating from Penn State University with a theater arts degree, he worked at MTV Networks\/Viacom from 2005 to 2010 as a writer and producer. His credits included Total Request Live, New Year's Eve specials, and a special featuring poker superstar Daniel Negreanu. He later moved on to the HGTV\/DIY Network, where he created, wrote, and produced three series specials: That's So House Hunters, That's So 80s, and That's So 90s. Devin came on board with Casino.org in 2014. He lives in Pennsylvania and is an avid marathoner, having completed 15 races. Contact Devin at devin.oconnor@casino.org.","sameAs":["https:\/\/www.linkedin.com\/in\/devinoconnor\/","https:\/\/x.com\/CasinoorgDevinO"],"url":"https:\/\/www.casino.org\/news\/author\/devin-oconnor\/"}]}},"_links":{"self":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts\/186123"}],"collection":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/users\/25"}],"replies":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/comments?post=186123"}],"version-history":[{"count":0,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts\/186123\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/media\/186127"}],"wp:attachment":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/media?parent=186123"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/categories?post=186123"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/tags?post=186123"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}