Yokohama Mayor Fumiko Hayashi, the self-described “blank slate” on an IR bid, is becoming clear about one point—don’t expect her to make a decision soon.
At her Wednesday press conference, she clarified that any local decision on making an IR bid will not be forthcoming until after the central government has published the more detailed regulations guiding the new industry. That prospect appears a few months away at the earliest.
She did note that the city government is contemplating holding additional IR explanation meetings for local residents.
But as for whether Yokohama intends to raise its hand and pursue an IR bid, she would only say, “I want to judge the matter carefully while watching the central government’s moves.”
This Dossier results from the “Life After POGOs” editorial project by Asia Gaming Brief which culminated with a pop-up digital forum on 9th December to discuss potentials ramifications in the industry.
The Macau government has added Shijiazhuang, the capital of Hebei province and Shenyang, the capital of Liaoning province, to the list of destinations on which a 14-day mandatory quarantine will be imposed.
We are coming off a very difficult week in which one of the world’s primary temples of democracy, the US Capitol Building, was stormed by an angry mob, leaving five people dead and much of the world shaken. Does this pose any special concerns for the Asian gaming industry?
Over the years, many of the answers have been remarkably prescient in their forecasts for the near-term direction of Asia’s gaming industry. However, we can safely say that no one came anywhere close to guessing
what 2020 may have had in store.
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.