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Tag Archives: Osaka

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…

Japan – Seven casino groups register interest in Osaka’s Yumenoshima Island

Seven casino operators will go head to head in the race to land a casino licence in the Japanese city of Osaka if it is selected by the government for one of three IR licences in the country. Dignitaries in Osaka want to select a group to build a casino resort on Yumenoshima, an artificial…

Japan – MGM’s consortium for Osaka bid could reach double figures

The MGM Resorts-led consortium of companies to bid for a casino licence in Osaka could involve 12 companies. The Las Vegas giant has said its partnership with Japanese financial services group Orix is prepared to invest US$9bn on developing a casino in Osaka with the venture being split equally although MGM confirmed it would look…

Japan – Osaka confirms 2020 timeline to name chosen casino operator

The Osaka government has now launched its tender to open a casino resort on Yumenoshima, an artificial island in Osaka Bay, laying out a timeline of Spring 2020 for when it will name its selected casino operator. Governor of Osaka Prefecture Hirofumi Yoshimura said he wants the resort to open before the World Expo is…

Japan – Osaka pinpoints investment and footprint for future IR

Politicians in Japan’s Osaka prefecture have laid out some of the parameters for casino operators hoping to win a casino licence to operate there, confirming that the minimum investment will be $8.5bn for a MICE-based casino covering more than 100,000 square meters. The project will be based on Yumeshima island which is also hosting the…

Japan – Osaka to kick-start search for casino partner ‘early next year’

Osaka Governor Ichiro Matsui has confirmed the Japanese prefecture, one of the forerunners in the race for one of Japan’s three IR licences, will start its own selection process to find a casino operator ‘early next year.’ Although there are no guarantees, Osaka has long been tipped to host one of the initial IRs. Governor…

Japan – Osaka needs a casino to help fund World Expo 2025

Officials in Osaka have gone public on the need for an Integrated Casino Resort to help fund the cost of hosting World Expo 2025 which have been pitched at about JPY125bn (US$1.1bn). The reward would be a casino on the man-made site called Yumeshima or Dream island in the Japanese city of Osaka, a large…

Japan – Caesars publishes five blueprints for Japan

Caesars Entertainment has published its blueprints for five Integrated Resorts in Japan in Hokkaido, Yokohama, Tokyo, Osaka and Okinawa. In Yokohama, it wants to build an IR called The Yokohama Art & Culture Park and Entertainment Resort on Yamashita Pier, resembling a wave to reflect its coastal location on the Pacific. Architecturally, it is inspired…