Casinos Austria International begins Nagasaki Prefecture discussions

Casino News

In Japan and the local arm of European gambling giant Casinos Austria International has reportedly begun holding talks with a special advisory committee as it looks to win the right to bring an integrated casino resort to Nagasaki Prefecture.

According to a report from Inside Asian Gaming, Nagasaki Prefecture is home to approximately 1.3 million people and is hoping to secure one of its nation’s coming trio of 40-year integrated casino resort licenses in order to debut a Las Vegas-style development on a 74-acre plot of land located next to its Huis Ten Bosch theme park. As part of this process and the source detailed that the jurisdiction last month selected the Vienna-headquartered behemoth’s Casinos Austria International Japan Incorporated subsidiary to serve as its preferred operating partner and assist in the preparation of a final bid ahead of a looming April 28 deadline.

Definitive discussions:

Casinos Austria International reportedly already runs some 40 gambling facilities in 16 nations including Austria, Egypt, Belgium and Australia and is reportedly very eager to add Japan to this list. To help smooth its progress and the operator’s local subordinate purportedly began holding talks from Wednesday with a special nine-member committee Nagasaki Prefecture established so as to work through the details of the proposed casino-friendly scheme.

Suggested synthesis:

Inside Asian Gaming reported that this influential commission is comprised of tourism, transport and problem gaming specialists and has been tasked with considering expert opinion on a number of issues in advance of presenting its finished integrated casino resort plan for Nagasaki Prefecture sometime in November. Casinos Austria International Japan Incorporated purportedly declared that the final scheme could end up featuring a $3.17 billion price-tag and is already set to be marketed to federal selectors as a fusion of ‘east and west cultures.

Enticing estimate:

In related news and the source moreover reported that the government for Nagasaki Prefecture recently disclosed that it is expecting its finished integrated casino resort to attract upwards of 8.4 million visitors every year and chalk up annual gross gaming revenues in the region of $1.36 billion. The local community is to purportedly receive 15% of such receipts in addition to as much as $76 million a year via the daily $54 casino entry fees that are to be imposed on all Japanese nationals.

Nagasaki Prefecture reportedly proclaimed that its envisioned integrated casino resort is to look to ‘inherit the historical culture of Kyushu and Nagasaki’ with the intention of creating a ‘tourism industry revolution’ that will marry a variety of factors to become a place where ‘Japan, Asia and the world meets.’

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