Hard Rock Prefers Hokkaido Prefecture for Japan IR

The video discusses the recent legislation for integrated resorts in Japan, focusing on location selection, with a preference for Tamakoma City due to its infrastructure and tourism potential. It highlights the importance of local partnerships, particularly with Japanese entities, and outlines the timeline and process for establishing these resorts. The potential of Japan's market is compared to Macau, with an emphasis on non-gaming revenues.

Which city is considered a likely metropolitan location for the integrated resort?

• Osaka

• Nagoya

• Fukuoka

• Tokyo

What is a critical requirement for the integrated resort project according to the legislation?

• A tourism partner

• A technology partner

• A Japanese partner

• A foreign partner

What is the significance of having local partnerships in Japan?

• It makes good business sense

• It ensures political support

• It enhances marketing strategies

• It is a legal requirement

What is the expected timeline to establish the integrated resorts?

• Five years

• Three years

• Two years

• One year

What is the first step in the process of establishing an integrated resort?

• Agreement with a prefecture

• Agreement with the central government

• Agreement with a city

• Agreement with a construction partner

How does the potential of Japan's integrated resort market compare to Macau?

• It is expected to be smaller

• It is expected to be the same

• It has the potential to be as powerful

• It is not comparable

What is the expected percentage of non-gaming revenues in the initial years?

• Equal to gaming revenues

• Lower than gaming revenues

• Higher than gaming revenues

• Negligible