The Fukui Association of Corporate Executives has not received a proactive response from the governmental authorities about their IR proposal for Echizen city, made in March. “There’s not a feeling of active movement so much as just waiting,” says Seiwa Higashiyama, the secretary-general of the business association, to AGB Nippon.
Yumiko Araki, head of the nine-member Japan Communist Party caucus within the Yokohama City Council, tells AGB Nippon in an exclusive interview that she believes Mayor Fumiko Hayashi intends to go forward with an IR bid, but attention may now be shifting from Yamashita Pier to Minato Mirai as the most likely location.
The Japan Federation of Shiho-Shoshi Lawyer's Associations, the leading group for the nation’s judicial scriveners who specialize in legal registration procedures, issued a statement on June 5 calling for the IR Implementation Bill to be scrapped.
Despite public anxieties over the establishment of IRs in the next decade, and what that might mean for issues such as gambling addiction, Japan already has a well-established series of racing industries with parimutuel betting that pulls in revenues of over US$47 billion.