{"id":25302,"date":"2021-12-08T07:03:39","date_gmt":"2021-12-08T10:03:39","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=25302"},"modified":"2026-04-23T13:09:13","modified_gmt":"2026-04-23T16:09:13","slug":"nagasaki-changes-ir-design-plans","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/nagasaki-changes-ir-design-plans","title":{"rendered":"Nagasaki changes IR design plans"},"content":{"rendered":"\n<p>The Nagasaki Prefectural Government has confirmed there have been some changes to the original design plan for its proposed IR.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Japan.- The <strong>Nagasaki Prefectural Government<\/strong> has told GGRAsia that it has decided to\u00a0change the plan for its proposed IR to an architectural design\u00a0that uses <strong>curved surfaces<\/strong> in order to enhance the venue&#8217;s symbolism. It said the forecast cost of the project has not changed and remains JPY350bn (US$3.2bn)<\/p>\n\n\n\n<p>According to local reports, the revised design was submitted to the Nagasaki Prefectural Assembly on Monday. At the latest\u00a0<strong>Nagasaki Prefectural Council<\/strong>\u00a0meeting, questions were raised over whether the city\u2019s chosen private sector partners would be able to raise funds and form an effective consortium to develop an integrated resort.<\/p>\n\n\n\n<p>In response, authorities said they would soon submit a draft regional development plan to the relevant committee of parliament, but there was no information on the construction of the consortium and fundraising.<\/p>\n\n\n\n<p>In August, the Nagasaki Prefectural Government selected\u00a0<a rel=\"noreferrer noopener\" target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/nagasaki-chooses-casinos-austria-as-ir-partner\">Casinos Austria International<\/a>\u00a0as its priority choice as a partner for its IR bid and the parties signed a master agreement under the name \u201c<strong>Kyushu-Nagasaki IR\u201d.<\/strong>\u00a0The Nagasaki Prefectural Government has previously said it expects\u00a0<strong>the IR to open in 2027\u00a0<\/strong>and to generate\u00a0<a rel=\"noreferrer noopener\" target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/nagasaki-expects-annual-ggr-of-us1-37bn-from-its-ir\">annual gross gaming revenue<\/a>\u00a0(GGR) of JPY150bn (US$1.37bn).<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Kuwana could join the race for an integrated resort in Japan<\/h2>\n\n\n\n<p>As previously reported by Focus Gaming News, only\u00a0<strong>three cities <\/strong>are currently expected to <strong>bid for Japan&#8217;s three possible IR licences:\u00a0<\/strong>Nagasaki, Osaka and\u00a0<a rel=\"noreferrer noopener\" target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/wakayama-postpones-ir-public-hearings-due-to-lack-of-information\">Wakayama<\/a>.\u00a0However, <a rel=\"noreferrer noopener\" target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/kuwana-could-join-the-race-for-an-integrated-resort-in-japan\">Kuwana\u2019s mayor Narutaka<\/a>\u00a0has asked Mie prefecture. to apply since only prefectures and cities designated by law can make applications.<\/p>\n\n\n\n<p>The mayor is said to have asked Mie\u2019s former governor to consider Kuwana as an IR bidder in 2019 but didn\u2019t get a positive response on that occasion. <\/p>\n\n\n\n<p>Japan\u2019s bicameral legislature has opened the&nbsp;<a target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/japan-opens-application-period-for-ir-submissions-until-april-2022\" rel=\"noreferrer noopener\">application window for three integrated resorts licences<\/a>. Cities and prefectures interested have until April 28 2022 to submit their final project proposals.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Nagasaki Prefectural Government has confirmed there have been some changes to the original design plan for its proposed IR.<\/p>\n","protected":false},"author":176,"featured_media":25342,"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 revised the architectural design for its proposed Integrated Resort to enhance symbolism, while maintaining the JPY350bn project cost and JPY150bn GGR forecast. Concerns persist regarding the chosen private sector partners' ability to secure funding and form an effective consortium, as the application window for Japan's three IR licenses approaches. Concurrently, Kuwana is exploring a bid, potentially intensifying the competitive landscape.","focusai_entities":"Nagasaki Prefectural Government, GGRAsia, Nagasaki Prefectural Assembly, Nagasaki Prefectural Council, Casinos Austria International, Kyushu-Nagasaki IR, Focus Gaming News, Narutaka, Mie prefecture","focusai_location":"Japan, Nagasaki, Osaka, Wakayama, Kuwana, Mie","focusai_target_profile":"ceo_executive (0.9), regulator (0.9), compliance_legal (0.8), operator_casino (0.9), investor_analyst (0.9), supplier_vendor (0.8), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Funding Strategy","query":"What specific capital market instruments or consortium equity structures are being considered by Casinos Austria International and the Nagasaki Prefectural Government to address the JPY350bn project financing requirements?"},{"label":"Regulatory Scrutiny","query":"How will the Nagasaki Prefectural Government's revised IR design and the ongoing concerns regarding consortium funding impact the evaluation criteria and timeline for the national IR license application?"}],"footnotes":""},"categories":[157,16338],"tags":[23632],"class_list":["post-25302","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-east-asia-news","tag-integrated-resorts"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/25302","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=25302"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/25302\/revisions"}],"predecessor-version":[{"id":25309,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/25302\/revisions\/25309"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/25342"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=25302"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=25302"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=25302"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}