• 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

CBRE involved in funding work for Nagasaki IR: reports

Apr 14, 2022 Newsdesk Japan, Latest News, Top of the deck  


CBRE involved in funding work for Nagasaki IR: reports

CBRE Group Inc, an American commercial real estate services and investment firm, would have some involvement in the funding arrangements for a slated JPY438.3-billion (US$3.5-billion) casino resort in Japan’s Nagasaki prefecture, reported several of the country’s media outlets, citing plan documents submitted on Tuesday to Sasebo city council.

The integrated resort (IR) project (pictured in an artist’s rendering) would be located at the Huis Ten Bosch theme park in Sasebo City, part of Nagasaki prefecture.

On Tuesday, Sasebo’s city council held a steering committee to discuss the project, pending an expected submission by the Nagasaki authorities of the scheme to the national government by the end of April.

The so-called IR district development plan is also due to be debated by an extraordinary session of Nagasaki prefectural assembly, before being submitted to the national authorities.

According to information collated by GGRAsia’s Japan correspondent, the details of the funding providers are yet to be announced.

Previously-disclosed information said that the equity portion would be JPY175.3 billion, with 60 percent of the equity from Nagasaki’s private-sector partner, Casinos Austria International Japan Inc, 30 percent from other foreign companies, and 10 percent from Japanese companies.

Up to three casino resorts will be permitted in Japan, under the liberalisation arrangements. Currently, Osaka and Wakayama are also likely to submit applications.


  • tweet
Related articles
  • Nagasaki governor says Credit Suisse sale may affect IR plan
    Nagasaki governor says Credit Suisse...

    Mar 21, 2023  

  • Nagasaki says Credit Suisse woes not to impact IR plan
    Nagasaki says Credit Suisse woes not to...

    Mar 20, 2023  

More news
  • Pagcor mulls pure regulator role via US$1.5bln casinos sale
    Pagcor mulls pure regulator role via...

    Mar 21, 2023  

  • Macau ops getting overseas visitors via private jets: report
    Macau ops getting overseas visitors via...

    Mar 21, 2023  


Latest News

Pagcor mulls pure regulator role via US$1.5bln casinos sale

Pagcor mulls pure regulator role via US$1.5bln casinos sale

Mar 21, 2023  

The Philippines is looking to raise circa PHP80 billion (US$1.47 billion) from the sale of its network of small, state-owned casinos, said on Tuesday the head of the country’s regulator the...
Read More
Macau ops getting overseas visitors via private jets: report

Macau ops getting overseas visitors via private jets:

Mar 21, 2023  

Crane gets US$1.65bln financing to support biz split

Crane gets US$1.65bln financing to support biz split

Mar 21, 2023  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day

”The [Macau] month-to-date run-rate represents an approximately 45-percent recovery versus pre-Covid-19 levels for headline gross gaming revenue”

DS Kim and Mufan Shi

Analysts at brokerage JP Morgan Securities



Most Popular

  • Universal Ent seeks to end SPAC deal for Okada Manila listingUniversal Ent seeks to end SPAC deal for Okada Manila… March 20, 2023
  • Macau GGR for March 1 to 19 at US$845mln: JP MorganMacau GGR for March 1 to 19 at US$845mln: JP Morgan March 20, 2023
  • Let’s Win hosts grand opening for club at Hoiana in VietnamLet’s Win hosts grand opening for club at Hoiana in… March 20, 2023
  • Macau ops getting overseas visitors via private jets: reportMacau ops getting overseas visitors via private jets: report March 21, 2023
  • SJM Holdings to sponsor Macao Golf Open for next 3 yearsSJM Holdings to sponsor Macao Golf Open for next 3 years March 21, 2023
Copyright 2014-2023 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us