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GGRAsia – Junket biz Suncity Group offers staff exit plan: reports

GGRAsia – Junket biz Suncity Group offers staff exit plan: reports
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With bid policy set, localities in Japan roll the dice on casino resort licenses

Jan 25, 2021
OSAKA – In December, the central government finalized its basic policy for so-called integrated resorts (IRs) hosting casinos as well as shopping malls, hotels and other facilities.
The decision means localities interested in formally submitting their bid proposals now have a clear schedule of when they can do so, and a better understanding of what they can and can’t do during the selection process.
The bidding process begins Oct. 1 and will run until April 28, 2022, when a maximum of three locations will be selected.
What is the basic IR policy decided in December?
The policy is a series of basic standards for localities interested in submitting a bid proposal for their own local casino resort, and a basic outline of the rules local governments and interested casino operators will have to follow as they prepare their bid. ....

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