It’s Official: Yokohama Leaves Competition for Hosting Integrated Casino Resort under Mayor Yamanaka

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On September 10th, the brand-new mayor of Yokohama formally revealed the city’s withdrawal from the competitors for the Government’s authorization to hold an incorporated casino site hotel (IR) as a result of local concerns regarding problem gambling as well as possible adverse effects on public safety and security.

In his very first plan speech that happened earlier today at a local setting up, Takeharu Yamanaka, that obtained elected to the mayoral placement in August, disclosed that the city government is set to promptly block the ongoing bidding procedure for among the 3 integrated casino resorts licenses that will certainly be granted by the Central Government of Japan.

Previously, there have been reports concerning the possible withdrawal of the second-most heavily populated city in Japan from the competitors for approval to establish a huge entertainment facility, which comprises an elegant online casino, hotels, in addition to purchasing, seminar as well as entertainment centers, especially when it became clear that Mr. Yamanaka obtained chosen as the mayor of Yokohama. During his campaign, the now-city mayor has highlighted the value of the anti-casino movement, which was supported by numerous opposition parties.

The official announcement of the city’s withdrawal from the bidding process for the gambling establishment operating license comes at a time when the Japanese gambling enterprise growth task is facing some troubles since some key international gambling companies had claimed they were no more thinking about running a casino site in the country amidst the ongoing Covid-19 pandemic.

New Yokohama Mayor Does Not Support Casino Gambling Expansion

The Japanese Government is expected to introduce the picked three locations to hold the prepared incorporated casino resorts in the duration from October 2021 to April 2022. The relocation has come as part of the nation’s initiatives to increase its gambling field by adding casino gaming to the readily available betting services that can make Japan a much more favored location for vacationers.

Currently, the city of Yokohama will keep away from the bidding process for one of the three incorporated gambling enterprise hotel licenses. In his very first policy speech, the 48-year-old mayor explained that the decision had been taken in response to the point of views of residents that protested the IR job.

The previous mayor of Yokohama, Fumiko Hayashi, has been a passionate advocate of the Government’s choice to expand the betting industry of Japan by the addition of online casino betting services. Ms. Hayashi was willing to open up an online casino hotel in the city in the late 2020s. Nonetheless, the absence of public assistance for the project cost her the mayoral position, as she stopped working to safeguard a four 4-year term in the most up to date political election that happened on August 22nd.

The now-mayor Takeharu Yamanaka likewise managed to beat another candidate supported by Prime Minister Yoshihide Suga, which puts added pressure on his Government and the policies connected with the scheduled growth of the Japanese gambling enterprise market. Mr. Saga has promoted the casino site expansion job since he occupied the setting of primary Closet assistant under his predecessor, Head of state Shinzo Abe.

The withdrawal of Yokohama from the bidding procedure for a gambling enterprise operating license leaves 3 rivals for the licenses– the Osaka Prefecture and the city of Osaka, Nagasaki Prefecture as well as Wakayama Prefecture. They have actually teamed up with operators from the US, Austria and Canada, specifically.