Search Results for: "osaka"

MGM Resorts International staying keen on Osaka integrated casino resort

March 18, 2022

Latest Casino and Gambling News, Gaming Law & Legislation, Casino proposals, Casino News, Gaming Industry News, Economy/Finance, Japan, Licenses, Mergers, Acquisitions & Partnerships

The boss for the MGM Resorts Japan arm of American casino operator MGM Resorts International has reportedly announced that his company remains committed to bringing a large Las Vegas-style gambling development ...

MGM Resorts Osaka basic agreement includes escape clause connected to integrated resort

Sadonna Price

March 1, 2022

Latest Casino and Gambling News, Casino project updates, Japan

After signing a Basic Agreement to create an integrated resort in Osaka, it was announced that MGM Resorts and ORIX Corp have an escape clause connected to the deal. With the clause, the operator can choose to ...

MGM Resorts Japan signs agreement via Osaka IR

Sadonna Price

February 23, 2022

Latest Casino and Gambling News, Japan, Mergers, Acquisitions & Partnerships

This week it was confirmed by MGM Resorts Japan that its Osaka IR (SPC) subsidiary signed a basic agreement with the prefecture and city of Osaka. The Osaka/Yumeshima Area Specified Complex Tourist Facilities D...

Orix Corporation makes pricey Osaka integrated casino resort pledge

Adam Morgan

November 8, 2021

Latest Casino and Gambling News, Gaming Law & Legislation, Casino proposals, Casino News, Gaming Industry News, Economy/Finance, Japan, Licenses, Mergers, Acquisitions & Partnerships

In Japan and local financial services firm Orix Corporation has reportedly committed to spending at least $2.4 billion on the integrated casino resort it is looking to bring to the city of Osaka. According t...

Osaka releases further details on MGM Resorts International casino proposal

Adam Morgan

September 28, 2021

Latest Casino and Gambling News, Gaming Law & Legislation, Casino proposals, Casino News, Gaming Industry News, Economy/Finance, Employment & Careers, Japan, Licenses, Mergers, Acquisitions & Partnerships

A little over a week after selecting the consortium being led by MGM Resorts International to serve as the preferred operating partner for its tilt at securing an integrated casino resort license and the Japane...

MGM Resorts International designated as official Osaka casino partner

Adam Morgan

September 17, 2021

Latest Casino and Gambling News, Gaming Law & Legislation, Casino proposals, Casino News, Gaming Industry News, Casino project updates, Economy/Finance, Japan, Licenses, Mergers, Acquisitions & Partnerships

In Japan and the city of Osaka has reportedly selected a consortium being led by MGM Resorts International to be the preferred operating partner for its tilt at winning one of the nation’s coming trio of integr...

MGM Resorts International to make $9.1 billion Osaka casino resort bid

Adam Morgan

July 19, 2021

Latest Casino and Gambling News, Casino proposals, Casino News, Gaming Industry News, Economy/Finance, Japan, Licenses, Mergers, Acquisitions & Partnerships

In the race to win one of Japan’s coming trio of integrated casino resort licenses and American gambling giant MGM Resorts International is reportedly set to propose building a $9.1 billion development in partn...

No new candidate operators for Osaka integrated casino resort license race

Adam Morgan

April 7, 2021

The Japanese city of Osaka has reportedly announced that no additional firms have participated in the latest request for proposal (RFP) stage of its campaign to secure one of the nation’s coming trio of integra...

Osaka sets definitive integrated casino resort RFP deadline

Adam Morgan

March 19, 2021

Latest Casino and Gambling News, Casino proposals, Casino News, Gaming Industry News, Casino project updates, Economy/Finance, Japan, Licenses, Mergers, Acquisitions & Partnerships

In Japan and the city of Osaka has reportedly launched the latest request for proposal (RFP) stage of its campaign to secure one of the nation’s coming trio of integrated casino resort licenses. According to...

MGM Resorts International remaining keen on Osaka casino project

Adam Morgan

February 12, 2021

Latest Casino and Gambling News, Gaming Law & Legislation, Casino proposals, Casino News, Gaming Industry News, Economy/Finance, Japan, Licenses, Mergers, Acquisitions & Partnerships

The boss for American casino operator MGM Resorts International has reportedly revealed that his firm is still interested in being given the right to bring a gambling-friendly development to the Japanese city o...

Minority stake for MGM Resorts International in planned Osaka casino project

Adam Morgan

July 31, 2020

Latest Casino and Gambling News, Casino proposals, Casino News, Gaming Industry News, Casino project updates, Economy/Finance, Japan, Licenses, Mergers, Acquisitions & Partnerships

The newly-installed boss for American casino operator MGM Resorts International has reportedly revealed that his company will hold a minority stake in the gambling-friendly development it is working to bring to...

Opening of envisioned casino for Osaka pushed back to at least 2027

Adam Morgan

June 5, 2020

Latest Casino and Gambling News, Gaming Law & Legislation, Casino proposals, Casino News, Gaming Industry News, Casino project updates, Japan, Mergers, Acquisitions & Partnerships

In Japan and the mayor for the city of Osaka has reportedly announced that his community has pushed back the opening date for its planned integrated casino resort by a further two years due to the impacts of th...

Osaka focusing on World Expo 2025 infrastructure

Adam Morgan

February 14, 2020

Latest Casino and Gambling News, Gaming Law & Legislation, Casino proposals, Casino News, Gaming Industry News, Economy/Finance, Japan, Mergers, Acquisitions & Partnerships

In Japan and the giant city of Osaka has reportedly released its budget for the next twelve months complete with approximately ¥325 million ($2.96 million) to help it complete infrastructure projects for the up...

Osaka enacts new rules covering potential casino operating partner meetings

Adam Morgan

January 16, 2020

Latest Casino and Gambling News, Gaming Law & Legislation, Casino proposals, Casino News, Gaming Industry News, Japan, Licenses, Crime, Bribery

In Japan and the city of Osaka has reportedly reacted to the ongoing bribery allegations involving Chinese sports lottery firm 500.com by passing new protocols covering interactions between local officials and ...

Osaka changes negative stance on post-2025 casino opening date

Adam Morgan

December 17, 2019

Latest Casino and Gambling News, Gaming Law & Legislation, Casino proposals, Casino News, Gaming Industry News, Japan, Mergers, Acquisitions & Partnerships

In Japan and the mayor for Osaka has reportedly changed tact by detailing that his city is now amenable to the idea of opening its hoped-for integrated casino resort after the conclusion of its World Expo 2025 ...