Hokkaido White IR fades out

Hokkaido file

Hokkaido Governor Naomichi Suzuki’s decision to drop out of the Japan IR race removes one more local government from contention, but also represents the collapse of the strongest IR initiative outside of the Kansai and Kanto regions, the regional IR which probably would have produced the highest financial returns. Moreover, the Tomakomai city government had launched one of the nation’s first local government RFIs for the “Hokkaido White IR” in July 2017, and was in many ways the earliest IR mover, along with Osaka. It had already succeeded in attracting strong interest from many overseas IR operators. Indeed, an end to Hokkaido’s IR initiative probably knocks Hard Rock, Rush Street, Mohegan, and Clairvest out of the Japan IR race altogether, as each of them had focused their efforts on Tomakomai and had even opened local offices in the city. None of these firms, however, has yet offered their public reaction to...

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