Casinos Austria Outlines Nagasaki Casino Resort Plan

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CoStar

MGM Resorts' Integrated Resort in Osaka Set To Be Japan's First Casino

With the certification of its area development plan, MGM Resorts International has full regulatory approval for its $10 billion integrated resort in Osaka. The approval from Japan's Ministry of Land, Infrastructure, Transport and Tourism allows the company's regional operations, MGM Resorts Japan, to move forward with its partners to finalize…

Industry ・ 17 April 2023

Reuters

Japan approves $13.5 billion Osaka resort, country's first casino

MGM Resorts, Orix to own 40% each Resort set to open in 2029 Will include hotel, shopping mall, ferry terminal TOKYO, April 14 (Reuters) - Japan on Friday approved a plan to build the country's first casino in the western city of Osaka, paving the way for a 1.8 trillion yen ($13.5 billion) resort set to open in 2029, aimed at attracting domestic…

Travel ・ 14 April 2023

Real Money

Japan Approves First Casino Resort in Win for MGM Resorts and Orix

The Japanese government on Friday approved the plan to build the country's first casino resort. The project is due to be developed on an artificial island in Osaka by Las Vegas-based MGM Resorts International (MGM) and its local partner, the Tokyo-based consumer credit company Orix Corp. (T:8591 and (IX)). Technically speaking, the winning idea has…

Travel ・ 14 April 2023

Vegas Slots Online

Opening of Nagasaki, Osaka Casino Resorts Facing Delays

The opening of casino resorts in Nagasaki and Osaka could now be delayed due to additional screening. [Image: Shutterstock.com] It seems the opening of casinos in the Japanese prefectures of Nagasaki and Osaka might have to wait a while longer than expected. On Thursday, Japan's land ministry said it seems unlikely that officials will decide on…

Land-based ・ 08 December 2022

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Japan: potential sale of Nagasaki's theme park raises confusion on the fate of a planned casino resort at the site

Reports that the Dutch theme park Huis Ten Bosch in Japan's Nagasaki Prefecture may be sold have led to uncertainty about the fate of a planned casino resort at the site. Travel agency H.I.S. ,the largest shareholder, has said it is negotiating with several entities. However, no timeline for a possible sale, nor the conditions under which the park…

Travel ・ 28 July 2022

Gambling News

Nagasaki and Osaka Submit Applications for Integrated Casino Resort

Japanese Prefectures of Osaka and Nagasaki have submitted their applications to the national government on Tuesday, two days before the deadline day for submissions, Inside Asia Gaming reported. As reported earlier, both Osaka and Nagasaki received final approvals from their respective assemblies, and the submission of their applications within the…

Travel ・ 27 April 2022

Vegas Slots Online

Nagasaki Votes Yes to Japan Casino, Wakayama Says No

The race for Japan's first casino resort is down to just Nagasaki, Osaka, and potentially Fukuoka, after Wakayama voted no to an IR. [Image: Shutterstock.com] Just seven days before the April 28 deadline for the selection of an integrated resort (IR) in Japan, the Assembly of the Nagasaki Prefecture approved its casino resort bill by a majority…

Travel ・ 21 April 2022

Main Ichi

Western Japan prefecture pulls out of bid to host casino resort

WAKAYAMA, Japan (Kyodo) -- The assembly of a western Japan prefecture on Wednesday voted down a bid by its government to host a casino resort, leaving now only two other candidate sites and dealing a further blow to the country's plan to stimulate the economy through the gambling industry. The rejection by the Wakayama prefectural assembly is the…

Travel ・ 20 April 2022

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World Casino News

Integrated casino resort green light for Nagasaki Prefecture

In southern Japan and local legislators for Nagasaki Prefecture have reportedly voted in favor of the plan that could see the jurisdiction's Huis Ten Bosch theme park feature a Las Vegas -style integrated casino resort by the end of 2027. According to a report from GGRAsia, the definitive green light for the Kyushu territory's Integrated Resort…

Travel ・ 20 April 2022

World Casino News

Nagasaki Prefecture polish for Casinos Austria International

In Japan and Casinos Austria International has reportedly released an updated draft of just what its envisioned Las Vegas -style integrated casino resort for Nagasaki Prefecture may look like and feature. According to a report from Inside Asian Gaming, the Vienna-headquartered operator beat off steep competition in August to be selected as the…

Travel ・ 14 December 2021

World Casino News

Potential integrated casino resort move for Kuwana

In Japan and the central Honshu city of Kuwana has reportedly expressed an interest in potentially securing one of the nation's coming trio of licenses to build and operate a Las Vegas-style integrated casino resort. According to a report from GGRAsia, the mayor for the seaside Kansai community of approximately 145000, Narutaka Ito, has officially…

Travel ・ 27 November 2021

World Casino News

Reflective request from Nagasaki Prefecture

In Japan and officials in Nagasaki Prefecture have reportedly asked the consortium being led by European casino operator Casinos Austria International to provide more information on its precise structure and proposed sources of funding. According to a report from GGRAsia, the move comes some six weeks after the Kyushu authority selected the…

Travel ・ 11 October 2021

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Nagasaki seeks in Oct more on Casinos Austria IR funding

Nagasaki prefecture has asked the casino development consortium led by Casinos Austria International Japan Inc to provide within this month a detailed plan of the consortium's structure, and how it will raise funds. That is according to reports of topics discussed at the most recent session of the prefectural assembly, which ended on Thursday. The…

Finance ・ 11 October 2021

Patch

Only One Las Vegas Casino Operator Remains In The Hunt For A Gaming License In Japan

MGM Resorts International took a major step Tuesday toward earning a Japanese integrated resort license when the city of Osaka endorsed the company's plans for the country's first large-scale casino. But the move may have closed the door for other Las Vegas-based casino operators. Osaka selected MGM Resorts and its Japan-based joint-venture partner…

Land-based ・ 06 October 2021

World Casino News

Nagasaki Prefecture getting down to business

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…

Travel ・ 25 September 2021

World Casino News

Integrated casino resort schedule from Wakayama Prefecture

In Japan and the government for Wakayama Prefecture has reportedly announced that it intends to have agreed a draft development plan for its envisioned integrated casino resort before the end of November. According to a report from GGRAsia, the jurisdiction named Clairvest Neem Ventures Company Limited as the preferred operating partner for its…

Travel ・ 16 September 2021

Asgam

SPECIAL REPORT: Where to now for Nagasaki and Casinos Austria? (part 2)

Nagasaki Prefecture signed a basic agreement with Casinos Austria International Japan (CAIJ) on 30 August for the development of an integrated resort at Huis Ten Bosch at Sasebo City, Nagasaki. But the process has been controversial to say the least, with both of CAIJ's rival bidders crying foul on the decision. In this five-part special report…

Travel ・ 13 September 2021

GGRAsia

Nagasaki assembly question on casino RFP complaints

A Thursday session of the Nagasaki prefectural assembly produced one question on why two rejected suitors for that Japanese community's tilt at having a casino resort had been complaining the request-for-proposal (RFP) phase was faulty. That is according to information collated by GGRAsia's Japan correspondent. Two assembly members belonging to the…

Politics ・ 16 September 2021

Nikkei Asia

Yokohama mayor-elect deals Japan's casino dream a fresh blow -Nikkei Asia

ERI SUGIURA, Nikkei staff writer TOKYO -- The result of the Yokohama mayoral election on Sunday has cast another shadow over Japan's ambitions to build massive casino resorts, a drive that was already under strain due to the withdrawal of interest by key foreign players amid the COVID-19 pandemic. Takeharu Yamanaka, a former professor at Yokohama…

Covid ・ 24 August 2021

Gambling News

Casinos Austria Reveals Nagasaki IR Plans

Casinos Austria is now officially the casino partner of Nagasaki as the prefecture looks to be one of the first three locations in Japan to host an integrated resort (IR). That selection was revealed earlier this week, and the casino operator is now ready to dig in and help the prefecture's dream become a reality. It has now revealed what the IR…

Travel ・ 12 August 2021

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Austrian casino operator wins bid for Nagasaki Prefecture resort

NAGASAKI--The Nagasaki prefectural government has awarded priority negotiation rights to an Austrian company for a planned casino-centered resort at the Huis Ten Bosch theme park in Sasebo in the prefecture. Prefectural officials expect to sign a basic agreement with Casinos Austria International Japan as early as this month, according to their…

Land-based ・ 12 August 2021

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Nagasaki Prefecture Chooses Casinos Austria as IR Partner

The local government of the Japanese prefecture of Nagasaki has finally made a decision in regards to its integrated resort (IR) partner. Officials have selected Casinos Austria to develop and operate the region's casino offering on a 30-hectare site at Huis Ten Bosch at Sesebo City. 697 points in the prefecture's request-for-proposal process In a…

Travel ・ 10 August 2021

Gambling News

And the Winner Is: Nagasaki Chooses Its Integrated Resort Partner

The battle for control of Nagasaki's integrated resort (IR) is almost over. The prefecture has announced who it has chosen as its operator partner, although its possible that the decision might be contested. The conclusion of the selection process was not devoid of some unexpected twists, but it is now in the books and Nagasaki has selected Casinos…

Politics ・ 10 August 2021

Vegas Slots Online

MGM Consortium Unveils Plans for $9bn Casino in Osaka

MGM Resorts International has now put forward its plans for a casino resort project in the Japanese prefecture of Osaka which will involve an investment of more than $9bn. [Image: Shutterstock.com] A consortium led by MGM Resorts International is the only contender to develop and operate a casino in Osaka, Japan. Now, it has finally revealed what…

Covid ・ 22 July 2021

World Casino News

Major step for coming Japanese casino market

In Japan and legislation is set to take effect from Monday that will lay out the basic rules governing the nation's planned trio of integrated casino resorts as well as the specific duties and responsibilities of the new Casino Management Board regulator. According to a report from GGRAsia, the Integrated Resorts Implementation Act was ratified in…

Industry ・ 14 July 2021