• About Us
  • The Team
  • Advertise with Us

The latest news on the gaming industry in Asia

() () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()
  • Home
  • Macau
  • Philippines
  • Singapore
  • Japan
  • Rest of Asia
  • World
  • Industry Talk
  • Trends & Tech
  • iGaming
  • follow
    • Facebook
    • Twitter
    • RSS Feed
    • LinkedIn

70pct IR users domestic, annual GGR US$1.4bln: Nagasaki

Sep 23, 2021 Newsdesk Japan, Latest News, Top of the deck  


70pct IR users domestic, annual GGR US$1.4bln: Nagasaki

Nagasaki prefecture expects seven out of every 10 visitors to its hoped-for casino resort will be from within Japan, and that the facility will generate annual gross gaming revenue (GGR) of JPY150 billion (US$1.37 billion), according to a statement made to the prefectural assembly on Tuesday.

The details are based on the winning proposal (pictured rear centre, in an artist’s rendering) for a casino property in Sasebo within the prefecture, made by Casinos Austria International Japan Inc.

Complexes with tourism and leisure facilities as well as a casino are known in Japan as integrated resorts (IRs). Up to three will be permitted in that nation, under the liberalisation programme for casino gambling. Local governments must find a private-sector partner, and then apply to the national government for the right to host an IR.

Nagasaki – one of at least three areas interested to host one – anticipates, based on the information it has freshly made public, that its IR would open “at the earliest” in 2027, and attract annually 8.4 million visitors: 6 million of them domestic customers and 2.4 million from overseas.

That is according to statements by the prefecture made at the local-government assembly and collated by GGRAsia’s Japan correspondent.

The authority said 15 percent, i.e., JPY22.5 billion, of the forecast JPY150 billion annual GGR, would go to the prefecture.

Japan’s IR Implementation Bill, approved in July 2018, clarified several key points regarding the country’s nascent industry, including a 30 percent tax on casino gross gaming revenue – to be shared equally between the national government and the local government host – and an entry levy of JPY6,000 for Japanese citizens and residents wishing to enter such venues.

Nagasaki’s newly-disclosed information also suggested the IR would hire approximately 10,000 people, although it was not clear if that included jobs during the development phase.

In other news concerning Nagasaki’s IR tilt, the prefecture held on Wednesday the first meeting of its panel of experts to establish what it calls a “IR district development plan”.

The panel – which includes representation from Casinos Austria International Japan – is said to have people with knowledge respectively of topics encompassing tourism, transport, and gambling addictn.

The prefecture will consult with, and get opinion from, the panel, in order to establish the IR district development plan.

The prefecture is scheduled to present that plan to the Nagasaki prefectural assembly in November.

Nagasaki has said it expects to make its submission for a resort to the national government by spring 2022.

Last week, the prefectural assembly was told that the “economic ripple” effect from the Casinos Austria International Japan’s proposed Nagasaki IR was likely to be JPY320 billion, or about US$2.9 billion. That was the lowest end of the JPY320-billion to JPY420-billion benefit mentioned by the prefecture when it announced its basic integrated resort concept in April last year.


  • tweet
Related articles
  • Public comment open to June 17 on Japan IR licensing rules
    Public comment open to June 17 on Japan...

    May 20, 2022  

  • Japan IR submission deadline passes with just 2 applicants
    Japan IR submission deadline passes...

    Apr 29, 2022  

More news
  • Casino tech supplier TCS launches money wheel for iGaming
    Casino tech supplier TCS launches money...

    May 27, 2022  

  • SJM to acquire Oceanus building for US$243mln in bonds
    SJM to acquire Oceanus building for...

    May 27, 2022  


Latest News

Casino tech supplier TCS launches money wheel for iGaming

Casino tech supplier TCS launches money wheel for iGaming

May 27, 2022  

TCS John Huxley Ltd, an equipment provider to the bricks and mortar casino industry, says it has launched to market a money wheel game “designed specifically for the iGaming sector”. “Mega Tilt...
Read More
SJM to acquire Oceanus building for US$243mln in bonds

SJM to acquire Oceanus building for US$243mln in bonds

May 27, 2022  

Alvin Chau indicted for illegal gaming, money laundering

Alvin Chau indicted for illegal gaming, money laundering

May 26, 2022  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day


540,430

Visitors arrivals to Singapore in the first four months of 2022



Most Popular

  • Alvin Chau indicted for illegal gaming, money launderingAlvin Chau indicted for illegal gaming, money laundering May 26, 2022
  • Wynn Macau Ltd asks managers to take 10pct wage in stockWynn Macau Ltd asks managers to take 10pct wage in stock May 24, 2022
  • Marina Bay Sands to hire up to 2,000 workers: firmMarina Bay Sands to hire up to 2,000 workers: firm May 26, 2022
  • Macau satellites seek biz model leeway, says Ponte 16 bossMacau satellites seek biz model leeway, says Ponte 16 boss May 26, 2022
Copyright 2014-2022 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us