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Tag Archives: Osaka

Japan – Preferred operator status now official for MGM in Osaka

The foregone conclusion that MGM Resorts and partner ORIX Corp are the preferred developers to build an Integrated Resort casino on the artificial island of Yumeshima in Osaka Bay has been made official by Osaka Prefecture and Osaka City. The consortium was the only option left for Osaka following the withdrawals of Genting Singapore, Galaxy…

Japan – MGM Resorts and ORIX expected to invest JPY1trn in Osaka casino

The consortium fronted by MGM Resorts and ORIX, is prepared to spend big in Osaka to guarantee its success in the race for one of three Japanese casino licences with a planned investment of JPY1trn (US$9.09bn). Despite being the only candidate in Osaka’s IR race with Genting Singapore, Galaxy Entertainment, Las Vegas Sands, Melco Resorts…

Japan – MGM and Orix remain only bidder for casino in Osaka

MGM Resorts’ bid with Japanese financial services group Orix Corporation remains the only one on the table in the Japanese prefecture of Osaka, despite the deadline for submissions being extended. Osaka made changes to its policy, relaxing requirements regarding space for meetings, incentives, conferences and exhibitions (MICE) and hotel sizes in the hope that more…

Japan – Osaka Mayor says COVID-19 has delayed potential IR launch until 2027

If the Japanese city of Osaka wins one of the three coveted Integrated Resort casino licences it won’t be ready to open it until at least 2027, maybe even 2028. Officials in Osaka want to build a casino on the artificial island of Yumeshima in Osaka Bay. The admittance came from Osaka Mayor Ichiro Matsui…

Japan – Genting and Galaxy pull out of Osaka IR race leaving MGM in pole position

Both Genting Singapore and Galaxy Entertainment have pulled out of the race to and a casino IR licence in Osaka, leaving MGM Resorts and its local partner Orix in sole position if the Osaka Prefectural Government is awarded a licence. Las Vegas Sands, Melco Resorts & Entertainment and Wynn Resorts have all previously left the…

Japan – Osaka casino tender to start in earnest in December

Hirofumi Yoshimura, the Governor of Osaka Prefecture, has confirmed that Osaka will launch the next stage of its formal tender process for an IR operator in December. With a series of big-name, international casino operators pulling out of Osaka, the tender is now believed to include just three casino names: MGM Resorts, Genting Singapore and…

Japan – Melco pulls out of Osaka bid to put ‘Yokohama First’

Melco Resorts and Entertainment has come out with a Yokohama First policy, ending its interest in Osaka as a site for a resort project. The move leaves MGM Resorts, Genting Singapore and Galaxy Entertainment battling it out for a licence in Osaka and pitches Melco against Las Vegas Sands and a host of other operators…

Japan – MGM reaffirms its commitment to its ‘Osaka First’ Japanese blueprint

MGM Resorts International has confirmed it remains firmly in the race for an Integrated casino license in Osaka and that it was sticking to its ‘Osaka First’ plan. Osaka has now officially named the operators who have submitted their blueprint for an integrated resort with Las Vegas Sands, Wynn Resorts, MGM Resorts, Melco Resorts, and…

MGM Resorts’ Osaka plans

G3 interviews former Nevada Governor* Brian Sandoval about his new role with MGM as President of Global Gaming Development as the company seeks to secure one of the coveted Integrated Resort licences in the hotly contested and newly legislated Japanese gaming market Why has MGM Resorts International selected Osaka as its preferred IR location? Osaka…