Government Delays the Issuance of Casino Regulations in Japan

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Japanese government has delayed the establishment of Casino Management Board and issuance of the more specific IR bidding regulations in Japan. It is widely assumed that having public attention focused on the IR issue will negatively impact the electoral prospects of the ruling conservatives.

The ruling party now looks inclined not to take up the IR issue until early 2020, seriously impacting the schedules of some local governments. Such a delay may be the death blow for Osaka’s plans to have its anticipated Yumeshima IR opens its doors ahead of the 2025 World Expo, although that remains to be seen.