- Casino
- By State
- Alabama
- Alaska
- Arizona
- Arkansas
- California
- Colorado
- Connecticut
- Delaware
- Georgia
- Florida
- Hawaii
- Idaho
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maine
- Massachusetts
- Maryland
- Michigan
- Minnesota
- Mississippi
- Missouri
- Montana
- Nebraska
- Nevada
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Vermont
- Virginia
- Washington
- West Virginia
- Wisconsin
- Wyoming
- By State
- Slots
- Poker
- Sports
- Esports
Nagasaki’s Sasebo Council Approves the Final Draft of the City’s IR

Nagasaki’s Sasebo Council has given the final draft of the IR development plan the green light and now, the regional development plan will be submitted to the national government. A vast majority of the council voted in favor of the IR development plan as only one member voted against it.
The Total Investment Will Be around $3.5 Billion
The plan suggests that the total cost of the project will be JPY440 billion ($3.5 billion) and the current goal is for the business to open its doors in late 2027. Kyushu Resorts Japan, a special purpose company created by Casinos Austria International Japan, will develop the MICE facilities as well as the hotel.
While speaking about the plan’s funding, Nagasaki and CAIJ stated that the project is supported by CBRE Group, a US investment, and commercial real estate services firm.
Thanks to the support, the two parties claim that the planned $3.5 billion in development costs has already been reached as commitment letters that pledged investment have already been received.
The deadline for submitting the final bids is April 28, 2022, and so far, the investing company names have not been revealed.
A Breakdown of the $3.5 Billion Capital
At this time, the Nagasaki IR development process is stable and the plans state that construction is set to begin in 2023. The total capital is JPY440 billion ($3.5 billion). This consists of JPY175 billion ($1.4 billion) in company funding and JPY265 billion ($2.1 billion) will come from financing.
Overseas funding and CAIJ will be responsible for around 80% of the company funding and the other 20% will be provided by Japanese firms, especially those that are based in Kyushu.
With respect to the situation, the names of the investment firms will not be published until the appliance is approved by nationwide authorities. The IR project will be located in Sasebo City’s Huis Ten Bosch theme park.
Apart from the IR project in Nagasaki, integrated resorts are planned in Wakayama and Osaka. Even though local governments support the projects, they face some opposition. The opposition is arguably the strongest in Osaka. Wakayama residents also pushed for a referendum on the IR, but their efforts failed and the initiative proceeded.
Osaka’s city assembly has received around 130 petitions related to the IR and a vast majority of them are skeptical of the project. Critics also state that Osaka’s estimates on revenue and visitor numbers are on “ambiguous grounds” and that only optimistic projections have been released.
One additional issue that is sticking is the city government’s support of the MG IR bid. Just like Nagasaki, both Osaka and Wakayama’s deadlines for submitting the final bids are April 28, 2022.
Filip Mishevski has been covering online gambling and cryptocurrencies for the past decade. He has written countless articles, how-to-guides, insights and news, and is keen on sharing his extensive knowledge in the aforementioned fields. He’s very passionate about soccer and MMA and is interested in how the online gambling industry will shape our future and thus, influence our lives.
Must Read
Industry
September 12, 2025
Animo Launches Next-Gen Live Gaming with Animated Hosts on Stake
Industry
September 12, 2025
California Continues to Advance AB 831, SGLA Expresses Frustration
More Articles
Industry
September 18, 2025
Indonesia Removes 2.1M Illegal Online Gambling Items
Casino
September 18, 2025
Italy to Launch Ambitious Anti-Gambling Firewall
Casino
September 18, 2025
Romanian Regulator Shutters Two Illegal Sites
Casino
September 18, 2025
Wynn UAE Casino to Feature Crypto Payments & More
Casino
September 18, 2025
Poker Palace in North Las Vegas to Open Its Doors Again in 2026
Casino
September 18, 2025
Gang Who Posed as Detectives Locked Up for Recovery Scam
Casino
September 18, 2025
Times Square Casino Plan Falls Through Due to Broadway Opposition
Casino
September 18, 2025
Ex-Gregg Township Official Jailed for $533K Gambling Embezzlement
Casino
September 17, 2025
Denmark Takes Harder Look at Gambling Regulation as 500K People Need Help
Lottery
September 17, 2025
California State Lottery Produces Four New Millionaires This Month
Casino
September 17, 2025
Melco Plans Private Hospital at Macau’s Studio City