Nagasaki pushes for IR consortium

The Nagasaki Government continues to work on choosing an IR consortium partner and wants to do it as quickly as it possibly can.

Japan.- As the casino industry gets closer in Japan, governments work towards making their own integrated resort (IR) bids. That’s why the Nagasaki Prefectural Government is looking forward to choosing its IR consortium partners as soon as possible.

The authorities are aiming at autumn 2020 as a potential deadline, AGBrief reports. That would be sooner than any other government that seeks to land an IR licence.

According to the government, there are already 20 companies discussing a potential deal in Nagasaki. That’s why it wants to have a transparent process, especially as there will be a huge investment there.

Interest in Nagasaki

Japan’s Current Corp became the latest to announce that it would aim to invest in a potential development.

According to the director and chief administrative officer Hidenobu Takagi, its investment would rise to €4.5 billion. He revealed the company’s Nagasaki IR plans and told media outlet GGRAsia that it would partner Hong Kong-listed Get Nice Holdings Ltd.

“Since we are Japanese, we can work closely with local business partners in Sasebo and in Nagasaki,” he told GGRAsia. “That’s one of our big strengths, compared to the other bidders.”

“Current Corp is a company of the SRC Group that will partner with Get Nice Holdings and Sofitel Macau, and Success Universe,” he said.

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