Nagasaki IR has attracted interest<\/a><\/em><\/strong> from Get Nice with Current Corp. as well as Oshidori International Holdings and the Japanese unit of Casinos Austria International.<\/p>\n\n\n\nNow Get Nice has announced that through its subsidiary Genius Wise Holdings, it has transferred a total of HK$25 million (US$3,22 million) to Current Corp. to set up a joint venture with the sole purpose of developing an integrated resort in Japan.<\/p>\n\n\n\n
The final agreement between the two companies must be set before September 30 or the memorandum will be dissolved and the money returned to Get Nice within seven days.<\/p>\n\n\n\n
The company said the payment \u201crepresents the group\u2019s gesture to show its interest in the possible formation of joint venture with SRC\/Current relating to the project.\u201d<\/p>\n\n\n\n
If successful, the Nagasaki IR would be located at the Huis Ten Bosch theme park in Sasebo city.<\/p>\n","protected":false},"excerpt":{"rendered":"
The company has confirmed its joint venture with Current Corp to place a bid for the development of an integrated resort in Nagasaki.<\/p>\n","protected":false},"author":2,"featured_media":8607,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Get Nice Holdings, through its subsidiary Genius Wise Holdings, has committed HK$25 million to form a joint venture with Japan's Current Corp. This JV aims to submit a bid for one of Japan's coveted Integrated Resort (IR) licenses in Nagasaki, a key contender among the three licenses expected to be granted by the Japanese government. The formal agreement must be finalized by September 30, 2021, to proceed with the development at the Huis Ten Bosch theme park.","focusai_entities":"Get Nice Holdings, Current Corp, Genius Wise Holdings, Oshidori International Holdings, Casinos Austria International","focusai_location":"Japan, Nagasaki, Tokyo, Osaka, Yokohama, Sasebo, Hong Kong","focusai_target_profile":"ceo_executive (0.95), regulator (0.9), compliance_legal (0.9), operator_casino (0.95), investor_analyst (0.95), supplier_vendor (0.85), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Nagasaki IR Bid","query":"What specific governance frameworks and regulatory compliance measures are Get Nice Holdings and Current Corp implementing to ensure their Nagasaki IR bid aligns with Japan's stringent licensing requirements?"},{"label":"JV Financial Structure","query":"Beyond the initial HK$25 million, what is the projected capital expenditure for the Nagasaki IR development, and how will the joint venture's equity structure and financing strategy support this investment?"}],"footnotes":""},"categories":[28,16338,158],"tags":[473,470,1534],"class_list":["post-8603","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-casino-news","category-east-asia-news","category-slider-home","tag-ir","tag-japan","tag-nagasaki"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/8603","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\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=8603"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/8603\/revisions"}],"predecessor-version":[{"id":8628,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/8603\/revisions\/8628"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/8607"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=8603"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=8603"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=8603"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}