Inside Asian Gaming

IAG JAPAN NOV 2020 124 of physical and operational standards. Without such agreements, the non-gaming components of a facility could fall into disrepair quite quickly with an operator concentrating its capital expenditure on the higher earning gaming offer. The draft Basic Policy is clear that a completed initial build is not in itself enough with the licensee required to re-invest some of its operating profits after opening into continuous improvements of its IR facilities. This also hints at an expectation that a bidder is more likely to be successful if it is sufficiently financially sound that repatriation of profits to service debt will not detract from the ongoing standard of the Japan IR. DEFINING SUCCESS IR success may have many definitions. Outcomes which benefit the community as a whole are, perhaps, the best definition. As can be seen in Macau, the local community has been a major beneficiary of the opening up of the former colony to the new IRs. As an example, GEG has developed a collection of IR properties which have produced outcomes that beat expectations. They are built and operated to a high-quality standard, with continuous improvement ensuring they meet or exceed their international peers. They provide amix of non-gaming offers whichmake them truly family friendly, and they have developed programs to provide opportunities for local small and medium enterprises. In addition to the physical build, GEG leads Macau in the implementation of social safeguards such as harm minimization activities. GEG has in no small way contributed to the modernization of Macau from a jurisdiction dominated by gaming to one which provides family friendly leisure in a safe and modern environment and one that allows the whole Macau community to share in its success. IR success may have many definitions. Outcomes which benefit the community as a whole are, perhaps, the best definition. IRの成功には多くの定義があるかも しれない。全体として地域社会に恩 恵を与えるアウトカム、というのがお そらくベストな定義だろう。 COLUMNISTS