According to the Japan Times, preparatory works for developing the Yumeshima artificial island in Osaka Bay started less than 500 days before the expo is due to open in spring, 2025.

The outcome of the Japan national elections is positive news for the country's IR industry and in particular for the changes of the MGM Resorts/Orix consortium in Osaka after surprise gains by the Ishin To Party.

MGM Resorts on Tuesday confirmed that along with its joint-venture partner Orix, it has been selected by Osaka as the region’s integrated resort partner. 

In what is widely regarded as positive news by local observers, it has emerged that the MGM-Orix consortium is proposing a JPY1 trillion (US$9.1 billion) investment level for its Osaka Yumeshima IR.

The cost of doing business in Thailand and the estimated margins make the possible future gaming market very compelling, while the UAE holds potential, notes the CEO and President of MGM Resorts International.

The group behind the multi-billion-dollar integrated resort in Japan, led by MGM Resorts, has closed a deal for a $3.4 billion loan from a group of banks.

MGM China saw a stunning third quarter, with net revenues up some 829 percent, to $812.52 million, a rise of 10 percent compared to the same quarter in 2019.

MGM Resorts says that it has finally reached an implementation agreement for its massive IR project in Osaka, Japan.

MGM Resorts Japan president, Ed Bowers, remains bullish over the potential of the Japanese market envisaging the possibility of Japan emerging as a “great gaming market”, despite the tight regulatory framework. 

Following the severe downfall in 2Q22 MGM Resorts International is chopping its capex plans for China and cautiously continue with Asia market plans including Macau, Japan and UAE.