MGM one step closer to opening casino in Japan

MGM Resorts International announced that MGM Japan, on with it’s joint-venture spouse ORIX, has been selected by Osaka arsenic the region’s integrated edifice partner.

Some details of the projected astir $10B improvement were besides revealed.

“It is an grant to beryllium selected arsenic Osaka’s spouse successful processing an integrated resort. I commend the metropolis successful undertaking a broad and thoughtful process to conscionable its extremity of processing a world-class integrated edifice successful Osaka,” said MGM Resorts CEO & President Bill Hornbuckle. “We volition enactment intimately with prefectural/city municipal governments to present an iconic, uniquely Japanese destination warranting Osaka’s enactment arsenic location to 1 of Japan’s archetypal integrated resorts.”

Plans for the edifice see 2,500 full impermanent rooms, 400,000 quadrate feet of league facilities and a theatre that seats astir 3,500 people.

The enactment is 1 of respective steps successful the licensing process pursuing the 2018 transition of Japan’s Integrated Resort Implementation Act. The adjacent measurement is to taxable an Area Development Plan to Japan’s cardinal authorities during the exertion play (October 2021 to April 2022). Integrated edifice licenses are expected to beryllium issued adjacent year. If selected to person a license, MGM anticipates an opening day successful the 2nd fractional of the 2020s for the Osaka project.

This a processing story. Check backmost for much details.

Contact Lukas Eggen astatine leggen@reviewjournal.com. Follow @LukasEggen connected Twitter.