Asia

Concerns Continue Around Wakayama IR Funding

Published

3 years ago

February 10, 2022

Niji Narayan

Reading Time: < 1 minute

A special committee of Wakayama’s prefectural assembly expressed concern this week over a lack of clarity on the fundraising and planning for an integrated resort (IR) casino project in their prefecture.

The statement reads: “Unfortunately, the committee has to say that the plan is still unclear in details and is not convincing as to the fundraising.”

Despite doubts, the committee has agreed that the Wakayama Prefectural Government can go ahead with a public consultation on its IR plans to take feedback from members of the public, city authorities, and the prefectural assembly. Public hearings were postponed as information on funding and the structure of the winning consortium was still pending.

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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.