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Hong Kong’s Oshidori to bid for Nagasaki IR with promise of JPY400 billion investment

Tomo Yamamoto by Tomo Yamamoto
Tue 12 Nov 2019 at 06:21
Governor Nakamura full-steam ahead for Nagasaki IR

Huis Ten Bosch, Nagasaki, is the prefecture’s planned site for an integrated resort.

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Oshidori International, a development company based in Hong Kong with an affiliate involved with IR management, will respond to the Request for Concept being run by Nagasaki prefecture for an IR.

CEO Kelly Yam confirmed Oshidori as the third operator to declare formal participation in Nagasaki’s IR bid over the weekend, as reported by the Nagasaki Shimbun.

Regarding the plan for Sasebo city’s Huis Ten Bosch (HTB), the candidate site for the Nagasaki IR, Yam said, “We want to create a smart city never seen before in the world using advanced technology. We are also considering a regenerative medicine facility.”

It is expected that Oshidori will invest JPY400 billion into its Nagasaki IR.

“Nagasaki IR is a project worth heavy investment,” Yam said. Oshidori is involved in development and investment and its affiliate is engaged with IRs across the globe.

Nagasaki Prefecture started a Request for Concept on 1 October, looking to revitalize the region. After hearing the plans of each operator, it will make a formal public offering next year and select an operator around the time of next fall.

Casinos Austria International and Current have already announced their intention to participate.

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Tomo Yamamoto

Tomo Yamamoto

Born in Okayama, Japan in 1964, Tomo has covered horse racing, professional baseball, golf, boxing and more in his role as a sports writer. He first encountered casinos before Macau was returned to China in 1999. He has traveled to South Korea and Manila to cover events and scope out the local scene. He has studyied “How to get along with casinos,” a topic he learned of from Osaka University of Commerce.

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