Hong Kong-listed investment group Osidori International Holdings Ltd said in its first-half results filed on Monday that its experience bidding as a casino resort partner in Japan’s Nagasaki Prefecture raised “questions of serious ethical irregularities in the process.”

“I was shocked by the restrictive and unreasonable rules and measures given by Nagasaki Prefecture, and the events that made me question whether there were serious ethical irregularities,” he added

Osidori’s efforts were made through Osidori International Development GK and the submission of the Request for Proposal (RFP) was one of the three finalists but was not selected as the second of two further evaluations.

Nagasaki Prefecture recently told GGRAsia in an emailed statement regarding our inquiries that the process of selecting private sector partners for integrated resorts (IRs), such as large casino complexes known in Japan, has been conducted fairly.

On Monday, Nagasaki said it had signed a “master agreement” with Casino Austria International Japan Inc for the development and operation of IR in the prefecture.

“In early August 2021, limited and unreasonable rules and measures consistently imposed by Nagasaki Prefecture withdrew the company from participating in the RFP process for IR projects, which appeared to be unfair,” Osidori parents said in a first-half earnings filing on Monday regarding Nagasaki efforts, noting that “it is impossible for the company to conduct business in a prudent and efficient manner.”

Osidori Group was planning a partnership with U.S.-based casino operator Mohegan Gaming and Entertainment for the Nagasaki casino venture.

Regarding his participation in the Nagasaki RFP process in the interim results, Osidori observed, “After that experience, management became cautious about foreign investment.”

BY: 카지노