Tokyo to study integrated resort impact on the country

It would seem that Tokyo is becoming more interested in hosting one of the initial three integrated resorts (IR) planned for the Japanese landscape. GGRAsia reports that it has collected information that indicates that the city is considering an impact study and is looking to commission an organization to conduct the necessary research.

This past Monday, Tokyo government’s Bureau of Port and Harbor announced that it was planning on commissioning what it called an “IR impact study on Tokyo.” It opened a tender process for the research and should make a decision on which firm will lead the study on October 10.

The study will research and analyze what kind of impact an IR would have on the city. It will gather data on economic factors, gambling addiction and public policy to build its profile. If it is launched, it is expected to be completed by the end of next March, which coincided with the end of the Japanese financial year.

Previously, it was thought that Tokyo could be moving away from being considered for an IR. Morningstar Inc., an investor services firm, reported in July of last year that the local government seemed to be uncertain of whether or not it wanted to get into the IR license race. It would now seem that it has reversed that opinion.