Tokyo IR openings may not meet Olympics 2020

    Published in: Latest IntelligenceExpected labor shortages from the construction of sporting facilities for the 2020 Tokyo Olympics – much stricter than other jurisdictions due to the risk of earthquakes – makes the standard 36-month construction period of an Integrated Resort in Japan overly optimistic target. But first of all, passage of the promotion bill, the law to legalize casinos, has to be followed by the passing of a implementation bill within 12 months – which might prove too short a period to define a new legal framework in minute nipponic detail On May 30, 2014, guests tanning themselves by the infinity pool on the rooftop of Marina Bay Sands had a surprise visit, when Japanese Prime Minister Shinzo Abe appeared in a suit with his entourage and media in tow.Abe, in Singapore to deliver a speech at a regional defence and security conference, spent 40 minutes visiting one of...

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