The Japanese firm GCM has agreed to invest US$500 million in the first phase of Imperial Pacific’s Integrated Resort on Saipan, the company says.
Wakayama Mayor Masahiro Obana easily defeated his anti-casino challenger, Kumiko Shima, in Sunday’s election, boosting the chances for an IR bid at the municipality’s Marina City location.
Yukio Edano, leader of the Constitutional Democratic Party of Japan and the top opposition leader in the nation, stated at a party meeting last Thursday that he was prepared to submit a motion of “no confidence” against the Abe Cabinet and, if necessary, to fight a snap general election in order to prevent passage of the IR Implementation Bill.
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.
The Hokkaido gubernatorial race is already informally underway. Incumbent Harumi Takahashi spoke with leaders of Tomakomai’s business community last Friday about the city’s potential IR bid in connection with her own political future.
The inaugural Hokkaido IR Showcase came to a close last Thursday, as seven IR operators and numerous other Japanese companies and associations exhibited at the first public IR event to be held in the prefecture.