Wakayama plans to start casinos in 2024 if chosen as Japan’s IR venue
Reading Time: 1 minute
Wakayama Prefecture has announced that it would launch casinos in 2024 if it is chosen as one of the three IR venues by the Japanese government.
The facility will be open at Wakayama Marina City, a location which already has an established infrastructure.
The prefecture is hoping to enjoy a bandwagon effect from the likely IR facility in Yumeshima that Osaka is favoured to win and has earmarked JPY200 million (US$1.8 million) in next year’s budget for the proposal.
Wakayama Marina City is near Kansai International Airport and boasts many attractive tourist spots nearby such as the Koyasan—a World Heritage Site—and the famous Shirahama Hot Springs. Aiming to open an IR at the same time as Osaka, Wakayama estimates an annual four million visitors with an anticipated economic ripple effect of JPY300 billion (US$2.75 billion).
Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Wakayama plans to start casinos in 2024 if chosen as Japan’s IR venue…
The post Wakayama plans to start casinos in 2024 if chosen as Japan’s IR venue appeared first on Eastern European Gaming – News – Interviews – Legal Market Updates – Premium Reports – Events – Directory.
Source: Eastern European Gaming
