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

Osaka casino

The consortium led by MGM Resorts and ORIX is ready to spend big in Osaka. This ensures its success in the race for one of three Japanese casino licences with a planned investment of JPY1trn.

Despite being the only candidate in Osaka’s IR race, with Genting Singapore, Galaxy Entertainment, Las Vegas Sands, Melco Resorts & Entertainment, and Wynn Resorts are all previously withdrawing. Still, MGM is hoping that the massive investment will secure the license and allow it to open in 2028.

Brian Sandoval, MGM’s President of Global Gaming Development, stated, “Osaka is an incredible city, passionate about business and entertainment. MGM and our Japanese partners plan to deliver a Kansai-focused IR that will captivate visitors from all over the world. We anticipate that the IR will draw both international visitors, Kansai residents, and Japanese tourists from worldwide.”

 

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Nassima Azmzm

Nassima Azmzm

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