Integrated Resorts In Osaka: What The Authorities Are Expected From Partners

Osaka authorities highly appreciate the financial consistency of potential partners to create casino-resorts in the region. A full list of criteria for the selection of partner from the private sector was published to implement the idea of ​​integrated resorts.

Announced conditions are laid in requirements when applying for proposals (rfp). After the local authorities are determined with what kind of gembling company will implement the project togener with them, it will have to send a request and submit to send a request and submit to the national government.

It expected that the government will publish the provisions of the basic policy regarding the work of integrated reserts in the fist quarter of next year.

Some experts adhere to the opinion that osaka plans to place the resort casino on the island of yumeshim.

The submission period is scheduled for the time interval between february 6 to february 14 of the following year. Then local authorities will be engaged in consideration of candidates. Deadline for filing official requests – april 2020. In june, local authorities will have to decide on the candidate partner from the private sector and jointly formulate a proposal, which in 2021 will be submitted to the national government.

To evaluate the applicants, the osaka, five main criteria allocated. Companies have the opportunity to score 1000 points. The first criterion includes such factors: the availability of the integrated resort management experience; how the gembling company uses income; financial stability. Under this item, the maximum number of points that can score operators is 300.

But for the idea of ​​how to develop the project – business plan, authorities give 260 points.

In addition, the company’s potential will be taken into account in the creation of conditions for the mice-segment, the availability of loyalty programs for regular customers and attracting a tourist flux. All this can take another 200 points.

The company’s ability to promote the development of the territory on which an integrated resort will be placed, and the opportunity to employ local residents are estimated at 100 points.

And for high-quality programs to combat gambling addiction and other social consequences of legalization, as well as the commitment to the principles of responsible gambling companies can get 140 points.

The authorities of the city have already announced the creation of a special commission within the seven people who will produce selection and evaluation of applicants.

Recall that osaka plans to invest $ 8.5 billion in the gambling industry.