VIE 22 DE NOVIEMBRE DE 2024 - 20:00hs.
In Osaka

MGM Resorts reaches agreement for IR project in Japan

MGM Resorts announced that its joint venture with ORIX Corporation had “signed an agreement with Osaka Prefecture and Osaka City to implement the Specified Integrated Resort Facilities Area Development Plan for Yumeshima, Osaka.” The project includes the first casino for Japan.

MGM and ORIX, together with Osaka IR Corporation, will contribute to the sustainable growth and development of tourism and the economy of Osaka and the Kansai region, as well as Japan through this first-of its-kind project in Japan.

Japan’s Ministry of Land, Infrastructure, Transport and Tourism already approved the project in April. The new certification confirms the actual location and development plans for the resort, which will be built in Yumeshima, Osaka.

This is a significant moment for our company as we officially close the certification process and begin to focus on executing our vision, in partnership with ORIX, to build a world-class integrated resort in Osaka,” said Bill Hornbuckle, President and CEO, MGM Resorts.

We remain passionately committed to this project and look forward to bringing Japan and Osaka best-in-class gaming, entertainment, dining and retail experiences. Our vision is to bring MGM’s ‘wow’ DNA from Las Vegas to Osaka and build a resort that will be a source of great pride in the community.”

MGM has been the only hold-out in a decades-long push for casino gaming in Japan, now slated to open its property in about 2030.

Source: GMB