Integrated casino resort in Nagasaki Prefecture19.12.19 | Japan,Casino,Mergers
Japanese officials in Nagasaki Prefecture have reportedly announced that they want to choose their preferred operating partner for their country's integrated casino resort by the end of next fall.
Nagasaki Prefecture joined the race in the hope of gaining the right to host one of Japan’s trio of upcoming casino integrated resorts in January before proceeding with the initial RFC application phase of its strategy about nine months later.
It is known that the southern Kyushu community, which is home to about 1.3 million people, wants to receive official permission to bring a Las Vegas-style gambling establishment to its theme park near the small town of Sasebo. And it managed to attract initial interest from four potential existing partners, including the European giant Casinos Austria International.
Although most gambling is currently banned in Japan, Prime Minister’s coalition government passed a law last July, according to which a nation of 126 million offers a trio of ten-year casino licenses.
In order to be hosts for one of these upcoming $ 10 billion properties, communities are required to partner with a foreign operator before submitting their final plans to the Japanese Federal Government Tourism Agency on July 30, 2021, the deadline.
Inside Asian Gaming announced that Nagasaki Prefecture is now due to hold a four-week public consultation period from Friday, which will present views on its plan to build an integrated casino resort in a 74-acre area adjacent to the theme park before setting its final plans. And launching a formal selection process using the established verification committee of experts.
Nagasaki Prefecture has reportedly used the RFC stage of its strategy to indicate that any casino resort should have at least one large hotel next to the exhibition hall, capable of accepting up to 12,000 visitors. In addition, the authorities explained that there was hope that such a place would have been opened by the end of 2024 and it would improve the local economy by attracting more tourists.
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