Asia
Questions Raised at Nagasaki Prefectural Council Meeting Over IR Plans and Funding

During the Nagasakid Prefectural Council meeting, questions were raised over whether the city’s chosen private sector partners would be able to raise funds and form an effective consortium to develop an integrated resort. A Nagasaki councillor has questioned whether Casinos Austria International’s estimated cost of capital would be sufficient.
In response, the county stated that it would soon submit a draft of its regional development plan to the relevant committee of the parliament, but there was no information on the construction of the consortium and fundraising.
In August, the Nagasaki Prefectural Government selected Casinos Austria International as its priority choice as a partner for its IR bid and the parties signed a master agreement under the name “Kyushu-Nagasaki IR”. The planned total investment for the IR development is US$3.2bn for eight hotels, conference and exhibition facilities and a variety of dining and retail options.
The Nagasaki Prefectural Government has previously said it expects the IR to open in 2027 and to generate annual gross gaming revenue (GGR) of US$1.37bn. Lobby groups have called for a local referendum on the IR plans.
-
Latest News5 days ago
ATG to Appoint New Board as Government Hands Over Control
-
Latest News5 days ago
Best New Online Casinos Europe: Top 8 2025
-
Africa5 days ago
INCENTIVE GAMES SIGNS EXCLUSIVE DISTRIBUTION DEAL FOR NORTH AMERICA, EUROPE, SOUTH AFRICA AND UK WITH LIGHT & WONDER
-
Latest News5 days ago
Instant Withdrawal Crypto Casino – Best Crypto Casinos with Fast Payouts (2025)
-
Compliance Updates4 days ago
Navigating Legal Frontiers: Nordic Legal’s Vision for the Finnish Gambling Market
-
Asia4 days ago
SA Gaming is thrilled to announce the launch of Fish Prawn Crab
-
Interviews5 days ago
Pay and play your way
-
Asia5 days ago
Grand Korea Leisure Partners with Robotis