The French casino company Partouche has announced the end of its agreement with Oshidori to bid for an IR development in Nagasaki.
Japan.- French casino company Partouche has announced the end of its partnership agreement with Hong Kong-based Oshidori International Holdings for the proposed development of a casino resort in Nagasaki.
The partnership was established to bid to become Nagasaki’s private partner for its proposal to take one of Japan’s three IR licences next year. The Japanese prefecture is still evaluating potential private partners in its “request for proposal”. The process is currently on hold as authorities await the national basic policy on integrated resorts.
A maximum of three IRs will be allowed nationally in a first phase of Japan’s market liberalisation.
Partouche spokesperson said the company would remain “attentive to the evolution of IR development projects and remains interested in having the opportunity to participate in one of them.”
The company gave no explanation for its decision to terminate the partnership with Oshidori.
Partouche, listed on the Euronext exchange in Paris, was founded in 1973. It operates 42 casinos and employs almost 4,000 people.