Casino
March 18, 2022
MGM Resorts Japan Confident in Bidding for IR Project
Japan’s casino resorts industry is on choppy seas. Many bidders have decided to withdraw from the process altogether, citing geopolitical uncertainty and the COVID-19 pandemic which has bled tourism dry over the past several years. However, for MGM Resorts Japan, quitting the IR race isn’t much of an option – or at least the company […]
Casino
February 28, 2022
MGM Has “Out of Jail Card” for Osaka IR Bid
MGM is sure it wants a bite out of the Japanese integrated resort pie, but it’s not sure it wants to nibble at anything stale. That is why MGM Osaka will have an “escape clause” should things go pear-shaped, Inside Asia Gaming, a leading local publication for the region writes. MGM Osaka Project Has Contingencies […]
Casino
February 24, 2022
Osaka IR: MGM Resorts Japan Signs Basic Agreement for the Project
MGM Resorts Japan announced that it signed a conclusion of a basic agreement for area development of specified complex tourist facilities and preparation of area development plan for a planned integrated resort (IR) in Osaka, Yumeshima area. MGM Resorts Japan Reveals Update Regarding Osaka IR MGM Resorts Japan was established in September 2014 by MGM […]
Industry
February 23, 2022
Osaka Residents Push for IR Referendum, but Odds Extremely Long
A group of Osaka residents is going to collect signatures in order to call for a referendum regarding the planned integrated resort (IR) development of the prefecture and city. However, two elements are likely to cause it to fail to hit its mark. Wakayama already showed that calling for a referendum is futile. The residents […]
Casino
November 10, 2021
MGM and Orix Ready to Spend $10B on Osaka Integrated Resort
Japan’s Osaka prefecture has a favorite for a future casino complex developer as part of the integrated resort (IR) that will transform the country into one of the most important destinations in Asia for gambling. The consortium led by MGM Resorts, in collaboration with Orix Corporation, is proposing to invest $10 billion in building an […]