Osaka to start matchmaking for IR partner

Casino operators interested in getting in on the integrated resort (IR) industry in Japan have been given a bit of news that will certainly start to make the negotiating wheels turn even faster. GGRAsia points out that Osaka is expected to begin making selections for its commercial IR partners this spring – just a few short months away.

MGM Resorts is already chomping at the bit to be selected. The company’s chairman, Jim Murren, was quoted by the Nikkei Asian Review as having said, “We will support Osaka in obtaining integrated resort certification.”

While Osaka is warming up to launch its attempt at an IR, Yokohama and its incumbent mayor, Fumiko Hayashi, is still hesitant on whether or not it wants a resort in its back yard. Hayashi is reportedly more interested in an upcoming City Council election, which will take place on April 29.

In order to be considered as a host for an IR, Japan’s Integrated Resorts Implementation Act stipulates that any local government wishing to be considered must file a formal resolution. In absence of such a resolution, the prefecture, city or town won’t be included in the final list of possible IR targets.