Japan to delay taking bids for casino resort hosting due to pandemic

Japan is set to postpone accepting bids for the hosting of casino resorts to be newly constructed under the country’s liberalized gambling laws, citing the impact of the coronavirus pandemic, sources familiar with the matter said Thursday.The central government originally planned to accept formal applications over a seven-month period from January 2021, in the race for municipalities to host three so-called integrated resorts that incorporate a large hotel, conference rooms and gambling areas.But it has decided to postpone the proceedings until next fall at the earliest, the sources said, also…

Read More

HEDGE accordingly