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

Author: Live Casino Direct
 
Japan: potential sale of Nagasaki's theme park raises confusion on the fate of a planned casino resort at the site
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There are reports that the Dutch theme park Huis Ten Bosch in Japan's Nagasaki Prefecture may be sold. The largest shareholder, H.I.S., is negotiating with several entities. There is no timeline for the sale nor the conditions under which the park might be bought. Huises Ten Bosnia's integrated resort is expected to open in the autumn of 2027.

The largest shareholder in the theme park is H.I.S., with 67% stake. The project is expected to generate $2.01 billion in fiscal year starting April 2031. Casinos Austria International Japan is the operator for the Nagasaki project.

Sasebo City Mayor Norio Tomonaga says the casino resort project is secure in the event of a sale of Huis Ten Bosch. Osaka has submitted a bid for a casino project in Yumeshima waterfront district. The project calls for an initial $13.3 billion for resort development and annual sales of $3.8 billion. It is expected to open around 2029. A consortium led by MGM Resorts International and Orix is planning to build a venue. They have the support of the prefectural and municipal government assemblies.