Frequent natural disasters in Osaka trigger concerns over proposed casinos

A typhoon hit the shores of Osaka, an archipelago in Japan where casinos are tipped to be developed following the passage of Integrated Resorts (IR) bill Japan, last week, flooding the international airport at Yumeshima and generally throwing chaos and misery all around. Worse of all, this is the second natural disaster of the year – the first being the earthquake in the island about three months ago.

The spate of natural disasters, among other things, has created some concerns over the feasibility and profitability of running casinos in the archipelago.

The Typhoon’s impact on the area had Japan Communist Party official Masao Nakamura questioning an IR development at Yumeshima: “Why put an expo and a casino at such a place?” he tweeted. However, Governor Matsui quickly replied through the same social media and wrote: “Does the Communist Party want to inflict damage through rumours? There is no problem because the ground level at Yumeshima is higher than it is at Kansai International Airport.”

A large-scale IR is expected to be built in Yumeshima by 2024, in order to host the 2025 World Expo. That’s why construction companies are set to play a major role in the IR development, which is something that has several construction corporations signed on to become “Official Partners,” like Obayashi as well like Shimizu, Taisei, and Takenaka, or other smaller firms, including Asunaro Aoki Construction, Haseko Corporation, Kumagai Gumi, Sumitomo Mitsui Construction, Mori-Gumi, Muramoto Corporation, JDC Corporation, Okumura Corporation, and Takamatsu Corporation.

Source: Focus Gaming News