{"id":22108,"date":"2021-08-30T14:01:02","date_gmt":"2021-08-30T17:01:02","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=22108"},"modified":"2026-04-23T16:10:52","modified_gmt":"2026-04-23T19:10:52","slug":"nagasaki-and-casinos-austria-sign-master-agreement-for-ir","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/nagasaki-and-casinos-austria-sign-master-agreement-for-ir","title":{"rendered":"Nagasaki and Casinos Austria sign master agreement for IR"},"content":{"rendered":"\n

The Nagasaki Prefectural Government has signed a \u201cmaster agreement\u201d with Casinos Austria International Japan Inc for the development of an integrated resort.<\/p>\n\n\n\n\n\n\n\n

Japan.- After the Nagasaki Prefectural Government announced\u00a0Casinos Austria International Japan Inc<\/strong>\u00a0as its\u00a0partner for its IR bid<\/a>, authorities have now signed a master agreement with the casino operator.<\/p>\n\n\n\n

The agreement names the project the\u00a0\u201cKyushu-Nagasaki IR\u201d<\/strong>, referring to the Kyushu region, of which Nagasaki form a part. The Nagasaki Prefectural Government also revealed\u00a0the planned total investment for the IR development is JPY350bn (US$3.2bn).<\/strong>\u00a0<\/p>\n\n\n\n

Hodo Nakamura, Nagasaki\u2019s governor, said: “The operator\u2019s business proposal is backed by a business track record in Europe and other international markets and\u00a0aims to realise a traditional and luxurious integrated resort\u00a0<\/strong>of the world\u2019s highest standard.”<\/p>\n\n\n\n

He added: “The Kyushu-Nagasaki IR will vitalise the local economy and tourism industry affected by Covid-19, and also contribute to the development of the Kyushu region and our country.\u201d<\/p>\n\n\n\n

Casinos Austria<\/a> said its plans to build a casino resort with 220 gaming tables and 2,200 slot machines<\/strong>. It said the casino would have a total footprint of around 9,000 square metres (96,875 sq feet) <\/strong>and would \u201coffer a gaming experience of the highest international standards.\u201d<\/p>\n\n\n\n

The group also plans to build eight hotels,<\/strong> conference and exhibition facilities with a variety of dining and retail options.<\/p>\n\n\n\n

Casinos Austria currently operates 25 casinos in several countries<\/strong>\u00a0and owns 12 casinos in Austria as well as a lottery business, Austrian Lotteries.<\/p>\n\n\n\n

The prefecture will make a submission to Japan\u2019s national government by 2022 <\/strong>in its bid for permission to develop an integrated resort. Nakamura expects to send the plan before April 28, 2022.<\/p>\n\n\n\n

Japan\u2019s Integrated Resorts Implementation Act<\/strong>, which foresees an initial three IRs, was implemented on July 19<\/strong>. The Implementation Act<\/a> includes gross gaming revenue (GGR) calculation<\/strong>, internal controls for casino operations and verification of casino employees<\/strong>, among other rules.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Nagasaki Prefectural Government has signed a \u201cmaster agreement\u201d with Casinos Austria International Japan Inc for the development of an integrated resort.<\/p>\n","protected":false},"author":176,"featured_media":21471,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"The Nagasaki Prefectural Government has executed a master agreement with Casinos Austria International Japan Inc for the JPY350bn (US$3.2bn) \"Kyushu-Nagasaki IR\" development. This formalizes their partnership for one of Japan's initial three integrated resorts, with a submission to the national government anticipated by April 2022. The project includes a 9,000 sq m casino, multiple hotels, and MICE facilities, aiming to stimulate regional economic growth.","focusai_entities":"Nagasaki Prefectural Government, Casinos Austria International Japan Inc, Casinos Austria, Hodo Nakamura, Austrian Lotteries","focusai_location":"Japan, Nagasaki, Kyushu, Austria, Europe","focusai_target_profile":"ceo_executive (1.0), regulator (1.0), compliance_legal (0.9), operator_casino (1.0), affiliate_publisher (0.7), product_ux (0.7), tech_data (0.8), payments_fraud_aml (0.9), investor_analyst (1.0), supplier_vendor (1.0), journalist_researcher (1.0)","focusai_suggestions":[{"label":"Funding Structure Details","query":"What is the detailed capital structure for the JPY350bn investment, including equity contributions from Casinos Austria International Japan Inc, potential debt financing, and any local government incentives or guarantees?"},{"label":"Regulatory Approval Timeline","query":"What are the specific milestones and potential challenges in securing national government approval for the Kyushu-Nagasaki IR bid, particularly concerning the April 2022 submission deadline and the competitive landscape for the remaining IR licenses?"}],"footnotes":""},"categories":[28,16338],"tags":[24010,23632],"class_list":["post-22108","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-casino-news","category-east-asia-news","tag-casinos-austria-international","tag-integrated-resorts"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/22108","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=22108"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/22108\/revisions"}],"predecessor-version":[{"id":22144,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/22108\/revisions\/22144"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/21471"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=22108"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=22108"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=22108"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}