NagaCorp eyes Nagasaki for a Japanese casino

Investor NagaCorp announced it may consider Nagasaki as a location for its Japanese casino project as the industry nears the country.

Japan.- As several companies look to Japan to potentially develop their casinos, NagaCorp is assessing where it would host. The company announced Nagasaki’s Huis Ten Bosch amusement park could be an option for its Japanese casino.

Adam Steinberg, advisor to Hong Kong-listed NagaCorp’s founder and chief executive Chen Lip Keong revealed the interest to GGRAsia. “We’re still very much evaluating in the (Nagasaki) area for our options and opportunities,” he said. “We did not yet start the design process. It’s going to change over time.”

Mr Steinberg also told the media outlet that there had been “some delays in the basic guidelines”. “Without knowledge yet of ‘exactly what is to be required’, the picture was ‘likely to change a lot,’” they quoted.

“Nagasaki is attractive… [as] there’s broad consensus. The land available [at Huis Ten Bosch]… is well laid-out,” he added.

“The concentration of the population is attractive to us as well… in terms of the number of people per square kilometre. It is fairly concentrated when compared to some other prefectures.”

Mr Steinberg also said: “That’s important. Because the gaming industry has learnt and understands that the further you are away from a resort, the less likely you are to visit. So having a concentration that’s within a certain distance means it will make it more efficient to attract customers,” GGRAsia quoted.