SPECIAL REPORT: Where to now for Nagasaki and Casinos Austria? (part 2)
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CAIJ signed an agreement to build a US$3.2 billion integrated resort in Nagasaki Prefecture. CAIJ has a history of running European clubs. Casinos Austria International has zero IR experience. As of 2021 there are still no integrated resorts in Europe. There is a Resorts World in Birmingham, but it's hotel has less than 200 rooms. Melco is building an IR in Cyprus, which is not open yet. PWC report says Europe is still not ready for integrated casinos. It's true that there's no IR development in the whole of Europe as of 2016.
Tomorrow in part 3 we examine the financial capacity needed to create the Nagasaki IR.
