• Subscribe
  • Magazines
  • About
  • Contact
  • Advertise
Sunday 24 September 2023
    IAG
    Advertisement
    • Newsfeed
    • Mag Articles
    • Video
    • Opinion
    • Tags
    • Regional
      • Africa
      • Australia
      • Cambodia
      • China
      • CNMI
      • Europe
      • Hong Kong
      • India
      • Japan
      • Laos
      • Latin America
      • Malaysia
      • Macau
      • Nepal
      • New Zealand
      • North America
      • North Korea
      • Philippines
      • Russia
      • Singapore
      • South Korea
      • Sri Lanka
      • Thailand
      • Vietnam
    • Events
    • Consulting
    • Contributors
    • SUBSCRIBE FREE
    No Result
    View All Result
    IAG
    • Newsfeed
    • Mag Articles
    • Video
    • Opinion
    • Tags
    • Regional
      • Africa
      • Australia
      • Cambodia
      • China
      • CNMI
      • Europe
      • Hong Kong
      • India
      • Japan
      • Laos
      • Latin America
      • Malaysia
      • Macau
      • Nepal
      • New Zealand
      • North America
      • North Korea
      • Philippines
      • Russia
      • Singapore
      • South Korea
      • Sri Lanka
      • Thailand
      • Vietnam
    • Events
    • Consulting
    • Contributors
    • SUBSCRIBE FREE
    No Result
    View All Result
    IAG
    No Result
    View All Result

    Governor Oishi indicates possible change to timing, numbers around Nagasaki IR bid

    Shintaro Kamimura by Shintaro Kamimura
    Fri 21 Jul 2023 at 05:40
    Nagasaki, Casinos Austria release IR regional development plan

    Casinos Austria’s concept for an IR in Nagasaki

    21
    SHARES
    515
    VIEWS
    Print Friendly, PDF & Email

    Nagasaki governor Kengo Oishi indicated at a press conference on Wednesday that there is a possibility of changes to the bid to develop an integrated resort on land attached to the Huis ten Bosch theme park in Sasebo. Nagasaki’s initial application was submitted to the central government in April 2022.

    At the press conference, Oishi was asked whether there might be significant changes to the schedule and details of Nagasaki’s bid given recent revelations that Osaka’s already approved proposal would almost certainly be delayed from its previously planned 2029 opening date until at least 2030.

    The governor responded, “The national government hasn’t shared any authorization schedule. There is a scenario in which we adjust the schedule as well as income and expenditures in the IR plan, and discuss with the national government and prefectural assembly based on those results.”

    Governor Yoshimura of Osaka announced on Tuesday, “It took the better part of one year to gain government approval, so we are in agreement with [operator MGM Resorts] that a 2029 opening would be difficult.”

    Nagasaki’s IR bid, in partnership with a consortium called Kyushu Resorts Japan – led by Casinos Austria – had aimed for a 2027 opening. However, while Osaka’s bid has been certified, there has been no word on the progress of Nagasaki’s bid with rumored concerns around the details of its funding model.

    The Nagasaki consortium has previously estimated IR sales would reach JPY271.6 billion (US$1.94 billion) by the fifth year of operations with 6.73 million annual visitors and an economic ripple effect of JPY 322.8 billion (US$2.30 billion).

    RelatedPosts

    MGM Resorts unveils Osaka IR concept

    Osaka reveals US$1.3 billion initial IR development cost blowout as opening date pushed back to 2030

    Wed 6 Sep 2023 at 06:01
    Regulatory issues in Japan

    Regulatory issues in Japan

    Mon 28 Aug 2023 at 17:17
    Pachinko operator Okura sees loss narrowed but revenue down in FY21 on hall closures

    Okura Holdings tipping US$20 million profit in FY23 on better pachinko performance, lower costs

    Tue 22 Aug 2023 at 18:09
    Improved Okada Manila performance not enough to push Japan’s Universal Entertainment Corp back to profit in 2021

    Okada Manila to expand marketing presence across Philippines, rest of Asia

    Fri 11 Aug 2023 at 05:19
    Load More
    Tags: Casinos AustriaGovernor Kengo OishiirJapanNagasakiSasebo
    Share8Share1
    Shintaro Kamimura

    Shintaro Kamimura

    Shintaro Kamimura (from Tokyo) has worked for many years as a professional mahjong player, mahjong instructor and a writer. He travels far and wide both in Japan and overseas, fine-tuning his already extensive expertise in many areas of gaming, including Japanese pachinko and slot machines, and overseas casinos.

    Current Issue

    Editorial – Winning margins: how Macau is set to become more profitable than ever before

    Editorial – Winning margins: how Macau is set to become more profitable than ever before

    by Ben Blaschke
    Wed 30 Aug 2023 at 08:49

    If there were two key takeaways from the recent Q2 earnings season in Macau, they were that margins in 2023...

    PAGCOR’s Alejandro Tengco

    PAGCOR’s Alejandro Tengco

    by Andrew W Scott
    Tue 29 Aug 2023 at 13:24

    IAG sits down with PAGCOR Chairman and CEO Alejandro Tengco to discuss his 12 months in the job and ambitions...

    A September to remember

    A September to remember

    by Ben Blaschke
    Tue 29 Aug 2023 at 12:37

    IAG presents the first ever Super September, comprising the IAG Academy Summit and two exciting networking events at Manila’s Newport...

    2023  IAG Academy IR Awards: Official Nominations

    2023 IAG Academy IR Awards: Official Nominations

    by Newsdesk
    Mon 28 Aug 2023 at 18:50

    Winners will be announced at the 2023 IAG Academy IR Awards Gala Dinner, to be held in The Ballroom at...

    Softswiss
    Evolution Asia
    Aristocrat
    Solaire
    Evoplay
    Hann
    Hann
    Okada Manila
    BETER
    Okada Manila

    Related Posts

    Solaire, Newport World Resorts charity foundations donate more than US$1 million to expand military hospital

    Solaire, Newport World Resorts charity foundations donate more than US$1 million to expand military hospital

    by Newsdesk
    Sun 24 Sep 2023 at 15:31

    The charitable arms of Philippines IRs Solaire Resort Entertainment City and Newport World Resorts have donated a combined Php60 million (US$1.05 million) to aid with the construction of more patient rooms at the Veterans Memorial Medical Center in Manila. According...

    Life of luxury

    26 Capital to liquidate after failing in Okada Manila merger bid

    by Ben Blaschke
    Sun 24 Sep 2023 at 13:54

    Special purpose acquisition company 26 Capital Acquisition Corp said Friday that it would liquidate, effective immediately, having failed to complete an initial business combination with the operating entities of Philippines integrated resort Okada Manila. Two weeks after a US court...

    Macau to host 40 MICE from now until end of 2023

    Macau to host 40 MICE from now until end of 2023

    by Pierce Chan
    Sun 24 Sep 2023 at 06:10

    The Macao Trade and Investment Promotion Institute (IPIM) said Friday that Macau is scheduled to host 40 MICE events from September to December this year, which are expected to attract a combined 400,000 participants. In the first six months of...

    Korea’s Mohegan INSPIRE reaches 30% construction milestone, on track for late 2023 launch

    Mohegan outlines market size estimates for Korean IR Inspire, says focus to be on premium gaming segments

    by Ben Blaschke
    Fri 22 Sep 2023 at 06:32

    Mohegan says it anticipates the potential market size for its new Korean integrated resort, Mohegan Inspire, to comprise 4.7 million “gaming trips” annually, including both inbound visitors and foreign residents or dual passport holders. In an Investor Day presentation on...



    IAG

    © 2005-2023
    Inside Asian Gaming.
    All rights reserved.

    • SUBSCRIBE FREE
    • NEWSFEED
    • MAG ARTICLES
    • VIDEO
    • OPINION
    • TAGS
    • REGIONAL
    • EVENTS
    • CONSULTING
    • CONTRIBUTORS
    • MAGAZINES
    • ABOUT
    • CONTACT
    • ADVERTISE

    No Result
    View All Result
    • Subscribe
    • Newsfeed
    • Mag Articles
    • Video
    • Opinion
    • Tags
    • Regional
    • Events
    • Contributors
    • Consulting
    • Magazines
    • Advertise
    • Contact
    • About

    © 2005-2023
    Inside Asian Gaming.
    All rights reserved.

    • English