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The Latest in integrated resort
Industry
December 8, 2021
Nagasaki Enhances IR Design to Better Reflect Prefecture’s Goals
Nagasaki’s integrated Resort (IR) may look different from previous drafts. Although the project’s look has been updated by the prefecture, the cost will likely remain the same. Nagasaki Sculpting its IR Future According to GGRAsia, Nagasaki made the decision to improve the architectural appearance of the IR to “enhance symbolism” the property. However, the resort’s […]
Industry
November 26, 2021
Wakayama IR Opposition Gains as a New Japanese City Shows Interest
A Japanese anti-casino group in Wakayama claims it has enough petition signatures to ask the government to hold a referendum on whether Wakayama should host an integrated resort (IR). At the same time, another location in Japan, the city of Kuwana, has stepped forward, indicating it might want to be considered as an IR host. […]
Industry
November 15, 2021
Wakayama Residents Not as Hot about an IR as Previously Thought
Support for an integrated resort (IR) in the Japanese prefecture of Wakayama may not be as great as once assumed. Residents from Wakayama are organizing a petition for a referendum about the prefecture’s proposal to develop an integrated resort. ABC TV reports that the resident groups believe that IR should be a major concern for […]
Casino
November 10, 2021
MGM and Orix Ready to Spend $10B on Osaka Integrated Resort
Japan’s Osaka prefecture has a favorite for a future casino complex developer as part of the integrated resort (IR) that will transform the country into one of the most important destinations in Asia for gambling. The consortium led by MGM Resorts, in collaboration with Orix Corporation, is proposing to invest $10 billion in building an […]
Industry
November 8, 2021
Orix Opens Wallet to Get Osaka IR off the Ground
Orix Corp is one of the Japanese partners in MGM Resorts International’s Osaka integrated resort (IR) development. Each will own 40% of the scheme, with a group of companies from the Kansai region taking the remaining 20%. Hitomaro Yano, chief executive officer at Orix, stated late last week that the company’s initial investment in the […]
Industry
October 4, 2021
Japan Launches Application Window for IR Submissions
After a long delay due to COVID-19 and other issues, Japan is finally advancing its plans to introduce integrated resorts (IR) to the country. The Japanese Diet launched the official window for application submissions last Friday and host cities and prefectures have until next April to forward their final project proposals. With only three locations […]
Industry
October 1, 2021
Real Madrid, World Surf League and More Are Part of Nagasaki’s IR Plans
Nagasaki, Japan is determined to find approval for its integrated resort (IR) project. Based on a new update, the prefecture has dedicated a considerable amount of time and resources to create what can only be described as an entire city connected to the property. The plan still needs to be approved by the Japanese Diet, […]
Industry
September 30, 2021
Caesars Jumps Back into the Japan IR Market through Clairvest Alliance
Most of the large US casino operators – Caesars Entertainment, Las Vegas Sands, MGM Resorts International and Wynn Resorts – initially showed a lot of enthusiasm for Japan’s integrated resort (IR) plans. However, that interest quickly waned for all of them, except MGM. Now, one of them is staging a comeback, ready to get involved […]
Industry
September 28, 2021
MGM Resorts Wins a Race in Which It Was the Only Participant
It’s almost impossible to lose a race in which you’re the only competitor, so it’s likely that MGM Resorts International wasn’t too concerned about not being selected as a casino operator for Osaka, Japan. The prefecture is hoping to win approval to host an integrated resort (IR) and, leading up to the close of the […]
Industry
September 24, 2021
Nagasaki’s IR Growth Plans Depend on Local Traffic, Not Foreign Tourism
One of the main reasons Japan has been trying for more than two decades to bring integrated resorts (IR) and casino gambling to the country is to promote international tourism. The tourism industry always means big money for any country that manages it properly, and Japan’s government finally convinced enough people that introducing IRs was […]