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Industry
October 27, 2022
Osaka Reveals New Department to Fight Gambling Addiction
Osaka is determined to secure the rights to host Japan’s first Integrated Resort project. To get there, it needs to demonstrate financial feasibility, long-term prospects, and a clear-cut regulatory framework that follows in the best principles outlined by the government. One such principle is commitment to tackling problem gambling. Osaka Serious About Tackling Gambling Addiction […]
Casino
August 24, 2022
MGM Expects Osaka IR to Contribute $775M to Taxes
MGM Resorts expects its Japanese integrated resort to contribute a stellar $775 million to local taxes. Ed Bowers, president of global development at MGM Resorts International, revealed more on the matter. MGM Plans to Build a Huge Integrated Resort in Osaka During the opening day of G2E Asia 2022, Bowers spoke about the company’s business […]
Casino
June 28, 2022
Report: Osaka Anti-IR Group to Push for Referendum
An integrated resort (IR) would bring many benefits to Osaka. The development itself would create new temporary workplaces and once completed, the IR would create permanent jobs as well. In turn, such a resort would undoubtedly boost tourism in the area as well. Despite the benefits, not everyone agrees with the idea of having an […]
Casino
June 23, 2022
New Osaka Committee Seeks Support to Stop IR Project
Some Osaka residents really do not want to see an integrated resort built anywhere near the prefecture or capital city. A new group established by members of Osaka city council, calling itself “No! Osaka IR/Casino,” seems determined to do its utmost and oppose the prefecture’s bid for the multi-billion project that promises to transform the […]
Casino
May 30, 2022
Osaka Citizens Want Referendum on Integrated Resort Project
A group of citizens in Osaka wants their voices heard as the prefecture is applying to the central government to host the country’s first Integrated Resort project. Not everyone agrees, though, with a proactive group of citizens stating loud and clear that they would not back the measure and seeking to initiate a referendum on […]
Casino
May 3, 2022
MGM Aims to Commence Work on the Osaka IR in 2023 If Given the Green Light
MGM Resorts International has set a planned date for the foundation work of its casino resort in Osaka, Japan. According to the chief executive and president of the company, Bill Hornbuckle, if Japanese authorities give MGM the green light, work is set to commence at the end of 2023. The Resort Will Likely Open at […]
Casino
April 27, 2022
Nagasaki and Osaka Submit Applications for Integrated Casino Resort
Japanese Prefectures of Osaka and Nagasaki have submitted their applications to the national government on Tuesday, two days before the deadline day for submissions, Inside Asia Gaming reported. Two Applicants As reported earlier, both Osaka and Nagasaki received final approvals from their respective assemblies, and the submission of their applications within the deadline date of […]
Casino
March 25, 2022
Prefecture Assembly in Osaka Shows Support for MGM IR Bid
MGM Resorts Japan’s plan for an integrated resort (IR) in Osaka gained traction after lawmakers in the prefecture approved a development plan. Osaka IR Project Takes a Step Forward On Thursday, lawmakers discussed the IR project in Osaka during a prefectural assembly. The project received broad support from members of the Liberal Democratic Party and […]
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 […]