Asia

Nagasaki Prefectural Government Asks Casinos Austria to Name IR Partners

Published

3 years ago

December 23, 2021

Reading Time: < 1 minute

Doubts surrounding Nagasaki’s proposed integrated resort (IR) continue, and the Nagasaki Prefectural Government has now asked Casinos Austria International Japan to provide the names of all companies involved in its proposal.

Nagasaki chose Casinos Austria International Japan as its private operator IR partner in August, but doubts have been raised over funding for the project.

Casinos Austria must propose a financing plan by the end of next month and form an effective consortium for its JPY350bn (US$3.2bn) proposed plan. The company has been asked to list the identities of all service providers and all companies that have expressed interest in making equity investments in the project.

Public consultation on the development of the IR will be held in February, one month later than planned. The county council’s vote on the plan is now scheduled to take place in March.

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Niji Narayan

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.