• Subscribe
  • Magazines
  • About
  • Contact
  • Advertise
Sunday 1 June 2025
  • zh-hant 中文
  • ja 日本語
  • en English
IAG
Advertisement
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
  • 日本語
No Result
View All Result
IAG
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
  • 日本語
No Result
View All Result
IAG
No Result
View All Result

Huis Ten Bosch owner agrees US$720 million deal to sell Nagasaki theme park

Shintaro Kamimura by Shintaro Kamimura
Wed 31 Aug 2022 at 05:38
The Japan IR Industry: A Golden Opportunity Squandered

Huis Ten Bosch, the previously planned site of a Nagasaki IR.

41
SHARES
1k
VIEWS
Print Friendly, PDF & Email

Travel agency HIS and other shareholders announced Tuesday that they have reached a deal to sell the Huis Ten Bosch (HSB) theme park in Nagasaki prefecture to PAG, an investment firm out of Hong Kong.

HIS currently holds around 66% of HSB while smaller shareholders including Kyushu Denryoku, Seibu Gas Holdings, Kyudenko Corporation, JR Kyushu and Nishi-Nippon Railroad will also sell their shares. The deal is reported to be worth around JPY100 billion (US$720 million).

They will be purchased by PAG, an investment firm based in Hong Kong, which plans to continue the operation of HSB. The theme park is located alongside the planned site for a Nagasaki IR, with the prefecture and its selected partner Casinos Austria currently awaiting a decision by the central government on whether or not it will be granted a concession to develop its IR.

HSB covers an area of 152 hectares, making it the largest stand-alone theme park in Japan.

The name “Huis ten Bosch” is Dutch for “House at the Woods” and the venue is meant to be a replica of the Huis ten Bosch royal palace in The Hague, Netherlands, a former residence of Queen Beatrix.

The company filed for application of the Corporate Reorganization Law in 2003 due to unprofitable operations with a plan to rebuild the company with the support of an investment firm. Instead it became a subsidiary of HIS which restored operations in 2010. However, HIS’s overseas travel business has suffered due to the COVID pandemic.

Meanwhile, Nagasaki’s IR bid includes a plan to open around autumn of 2027 and estimates annual sales to reach JPY271.6 billion (US$1.96 billion) by its fifth year of operations, with 6.73 million annual visitors and an economic ripple effect of JPY322.8 billion (US$2.33 billion).

RelatedPosts

Japan’s Dynam reopens 101 pachinko halls after some closure requests lifted

Dynam Japan continues pachinko hall rationalization as revenues fall again in FY25

Tue 27 May 2025 at 06:45
Two-day Japan IR Online Forum to start today

Japanese said to have gambled US$45 billion on illegal overseas betting sites in 2024

Fri 23 May 2025 at 05:51
Okada Manila recognizes Earth Hour with eco-friendly initiatives

Japan’s Universal falls to US$52 million loss in 1Q25, outlines plan to promote new online gaming platform at Okada Manila

Thu 15 May 2025 at 05:56
Sega Sammy’s FY25 sales hit by decline in pachinko but new gaming segment shows promise

Sega Sammy’s FY25 sales hit by decline in pachinko but new gaming segment shows promise

Tue 13 May 2025 at 05:54
Load More
Tags: Huis Ten BoschirJapanNagasakitheme park
Share16Share3
Shintaro Kamimura

Shintaro Kamimura

Shintaro Kamimura (from Tokyo) has worked for many years as a professional mahjong player, mahjong instructor and a writer. He travels far and wide both in Japan and overseas, fine-tuning his already extensive expertise in many areas of gaming, including Japanese pachinko and slot machines, and overseas casinos.

Current Issue

Editorial – Foreigner-only casinos: Seize the day

Editorial – Foreigner-only casinos: Seize the day

by Ben Blaschke
Thu 29 May 2025 at 13:38

I was recently asked by someone working at a foreigner-only casino for my thoughts on the outlook for the Asian...

On the brink

On the brink

by Pierce Chan
Thu 29 May 2025 at 13:27

The transition period for Macau’s 11 satellite casinos is set to expire at the end of this year, after which...

A moral defense of gambling

A moral defense of gambling

by Andrew Russell
Wed 28 May 2025 at 18:19

Economist Andrew Russell explores the differences between community benefit and in-principle arguments for the existence of a legal gambling industry...

Face to face

Face to face

by Ben Blaschke
Wed 28 May 2025 at 18:08

Konami caught the eye at the recent G2E Asia show in Macau with its SYNK Vision Tables, which utilize facial...

Evolution Asia
Aristocrat
GLI
Mindslot
Mindslot
Solaire
Hann
Tecnet
Nustar
Jumbo

Related Posts

10 Years Ago – Reimagining Sri Lanka

Sri Lanka gazettes draft bill to establish Gambling Regulatory Authority

by Newsdesk
Sat 31 May 2025 at 06:03

A draft bill that would establish an official regulator for the Sri Lankan gaming industry, to be known as the Gambling Regulatory Authority, has taken another step forward after being gazetted. According to the Sri Lanka Mirror, the official announcement...

RGB International signs agreement to distribute KL Saberi and Atlas gaming machines

After record-breaking sales in 2024, Malaysia’s RGB sees 1Q25 profit fall to

by Newsdesk
Sat 31 May 2025 at 05:53

Malaysian gaming product distributor RGB International Bhd has reported group-wide revenue of MYR73.6 million (US$17.3 million) for the three months to 31 March 2025, down 65% year-on-year due to a lower number of products sold. The figure was also 79%...

Robert Goldstein to step aside as LVS Chairman and CEO from March 2026, replaced by Patrick Dumont

Robert Goldstein: Macau gaming market challenged by increased competition, online gambling and US-Sino trade war

by Ben Blaschke
Fri 30 May 2025 at 06:42

Las Vegas Sands (LVS) Chairman and CEO Robert Goldstein has bemoaned the lingering impact of the US-China trade war, as well as increased domestic and regional competition and the rise of online gambling across Asia for sustained flatness in the...

Industry hopes Thai Entertainment Complex Roundtable can establish “common ground” with those opposing legal casinos

Industry hopes Thai Entertainment Complex Roundtable can establish “common ground” with those opposing legal casinos

by Ben Blaschke
Fri 30 May 2025 at 05:38

Industry figures taking part in the Thai Entertainment Complex Roundtable (TECR) next Thursday 5 June hope to find common ground with those who oppose Thailand’s Entertainment Complex Bill, citing the opportunity to use an evidence-based approach to achieve outcomes that...



IAG

© 2005-2024
Inside Asian Gaming.
All rights reserved.

  • SUBSCRIBE FREE
  • NEWSFEED
  • MAG ARTICLES
  • VIDEO
  • OPINION
  • TAGS
  • REGIONAL
  • EVENTS
  • CONSULTING
  • CONTRIBUTORS
  • MAGAZINES
  • ABOUT
  • CONTACT
  • ADVERTISE
  • 日本語

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • 日本語
  • Subscribe
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
  • Events
  • Contributors
  • Magazines
  • Advertise
  • Contact
  • About
  • Home for G2E Asia

© 2005-2024
Inside Asian Gaming.
All rights reserved.

  • English
  • 日本語