Japan

Japan’s Central Government Validates Revised Osaka IR District Development Plan

Marija Malenovic
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The implementation agreement for the construction of Osaka's first integrated resort (IR), created by a consortium of MGM Resorts and Osaka Prefecture, has been officially validated by Japan's central governmen...

Osaka Resort Investments Reach $8.62 Billion Estimate As The Launch Moves To 2030

Radosav Milutinovic
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The Osaka authorities have reportedly confirmed that the first integrated resort in this region will be opened in the summer of 2030 to cast away the speculations about an earlier launch of the luxurious proper...

Osaka Metro To Connect The MGM Casino Resort Location By Mid-2024

Radosav Milutinovic
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The plans to start the construction of the first Osaka casino resort in Osaka Bay have seemingly made the rapid railway operator Osaka Metro Co Ltd to apply for the respective permit to Japan’s Ministry of Land...

Grand Korea Leisure Records 60% Profit Decline in Q2 2023

Radosav Milutinovic
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South Korean casino operator, Grand Korea Leisure (GKL), has unveiled that its net income in the second quarter of 2023 amounted to KRW8.58 billion (US$6.5 million). As reported by Inside Asian Gaming (IAG), th...

Osaka Resort Unlikely to Launch in 2029

Radosav Milutinovic
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Osaka Governor Hirofumi Yoshimura said on July 18, 2023 that the integrated resort and casino facility on Yumeshima Island will be difficult to launch by 2029. The impatiently expected Osaka Resort, which will ...

MGM Osaka Casino Looking to Make $4 Billion in Revenues Upon the 2030 Launch

Radosav Milutinovic
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As Asian Gaming Brief (AGB) reports, the analysts of financial service company Morningstar estimate that the $10 billion Osaka resort operated by casino giant MGM has the potential to outperform Las Vegas Sands...

Osaka To Host Japan’s First Casino

Marija Malenovic
Casino proposals, Casino News, Latest Casino and Gambling News, World Casino News, Casino project updates, Gaming Industry News, Japan, Licenses, Asian Casino News, Mergers, Acquisitions & Partnerships, Licensing
Today, Japan’s national government officially approved a plan to construct the country’s first integrated casino-resort in the western city of Osaka, allowing the 1.8 trillion yen, which is approximately $13.5 ...

Government To Validate Plans For Osaka’s First Integrated Casino-Resort

Marija Malenovic
Casino proposals, Casino News, Latest Casino and Gambling News, Casino openings, World Casino News, New Hotels, Gaming Industry News, Casino project updates, Japan, Licenses, Asian Casino News, Mergers, Acquisitions & Partnerships, Licensing
As reported by the daily newspaper "The Japan Times," the government is projected to approve a plan by Osaka Prefecture and the city of Osaka to officially open Japan's first integrated casino-resort in 2029, g...

Universal Entertainment Reaches US$87 Million Profit in 2022 Driven by Phillipine Vertical Recovery

Radosav Milutinovic
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Universal Entertainment Corp (UE), a leading Japanese casino corporation, achieved an US$86.5 million profit for the last year ending on 31 December 2022 after a loss amounting to US$144 million sustained in 20...

Travel restrictions ahead of Chinese New Year impact Chinese gambling destinations

Radosav Milutinovic
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Beijing states that various countries are ''taking discriminatory entry restriction measures targeting China” after the country saw a rapid decline in COVID-19 cases and opened up to foreign countries. Chinese ...