Casinos Austria Sign Nagasaki Agreement For Potential IR

After being chosen as the preferred candidate last month, Nagasaki has signed an agreement with Casinos Austria International for the possible building of an integrated resort in the region.

Following Wakayama’s agreement with Clairvest Group in the application for one of three casino licences to be issued in 2022, the prefecture becomes the second to secure such an agreement alongside its selected applicant.

Basic agreement

Nagasaki Governor Hodo Nakamura is reported in Inside Asian Gaming as said: “We have signed a basic agreement with Casinos Austria International Japan, formalising the company as the facility construction and operator.

“CAIJ draws on its global business performance, including in Europe, providing a business proposal to realise the highest international standard of IR that is both traditional and luxurious, and in harmony with Huis Ten Bosch’s landscape. We will proceed with preparing the area development plan to apply for certification by the deadline of 28 April 2022.

“Moving forward, we will continue to take every measure to minimise concerns around problem gaming and we will focus on realising a Kyushu/Nagasaki IR that will revitalise tourism industries and the local economy that have been badly impacted by the COVID-19 pandemic, revitalise the broader Kyushu region and, as a consequence, Japan.”

According to media reports, the group anticipates a total project cost of 350 billion dollars (US$3.2 billion), with the casino operator expecting 8.4 million guests per year.

The proposal will be constructed alongside the Dutch-themed Huis Ten Bosch theme park in Sasebo City, and will then be submitted to the federal government.

Highest international standards

The casino will have 2,200 slot machines and 220 gaming tables spread across 90,000 square metres, as the company aims to provide “a gaming experience of the highest international standards.”

In addition, the corporation has previously stated that the integrated casino resort will include eight hotels, as well as conference and exhibition centres and entertainment complexes, all of which will be created “in cooperation with reputable Japanese and international partners.”

CAI announced the Hyatt Hotel Group as a partner on its proposed Nagasaki integrated resort last month, as the company revealed more specifics about the project after being chosen as the region’s partner.

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