Osaka has thrown in the towel on the prefectural government’s long-cherished cherished prospect of opening its Yumeshima IR before the 2025 World Expo.
Osaka Mayor Ichiro Matsui explained, “People currently cannot travel between Japan and the United States. Opening before the World Expo was already going to be a tough climb, but with movement now stopped, we can’t avoid the conclusion that there isn’t enough time.”
Rather than selecting its IR consortium partner in June, the selection will be delayed until September.
However, there is, as yet, no indication that the MGM-Orix consortium will face any challenger, even on the slightly longer timeline.
According to the revised schedule, the approval of the prefectural assembly and the city council will be sought in February or March of 2021, and if the national government approves the license, Osaka will stipulate that the Yumeshima must open before the end of March 2027.
AstroPay is the pioneer payment solution for thousands of consumers in Latin America, Asia and Africa, who want to purchase online on international sites, that helps merchants access new markets through its main product, AstroPay Card.
Consolidation of the bases and advancement in adversity was the thrust of Macau Chief Executive’s policy address for 2021, though it gave little away when it came to the current pillar of the economy - the gaming industry.
Gaming suppliers, like all areas of the industry, have felt the pinch from the Covid-19 crisis, though their growing digital businesses have proved a bright spot and helped offset the impact of the crisis.
While nowhere in the world has escaped the economic fallout from the Covid-19 crisis, Macau has been hit harder than most, with forecasts for gross domestic product to shrink more than 50 percent this year.