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Business
May 2, 2025
MGM Resorts Increases Its Investment in MGM Osaka by 20%
MGM Resorts International announced that it has increased its projected investment in its integrated resort in Osaka, Japan, by 20%. The company remained unfazed by this decision, remaining very optimistic about the property’s potential performance. The Increased Investment Is Due to Updated Spend Estimates According to MGM’s announcement, which was made during its recent earnings […]
Casino
April 24, 2025
MGM Osaka Held Its Groundbreaking Ceremony
MGM Osaka, Japan’s inaugural integrated resort, has just hosted its groundbreaking ceremony. Despite the multiple delays, construction is currently underway, marking a monumental achievement for the casino industry. The Event Was Attended by the Osaka Governor The $8.9 billion resort is the brainchild of MGM Resorts International and its local partner, Orix Corp, which have […]
Legal
September 16, 2024
Osaka Police Arrest Men Who Laundered Money for Offshore Operator
The Osaka police have arrested three people suspected of involvement in an illegal gambling-related money laundering operation. Authorities believe that the trio has laundered dozens of millions of dollars for black market companies. The Men Were Involved with an Offshore Operator The three arrestees include Hatsuyo Kinoshita, 40, Yukiko Han, 41, and Yuya Santanda, 40. […]
Industry
March 14, 2024
Osaka Considers Implementing Entry Fee Ahead of Japan Expo and IR Opening
The Osaka Prefecture in Japan is wary of overtourism. As the first Japanese integrated resort began construction, local officials were concerned about the “coexistence” of tourists and residents. Because of that, the government is mulling over the introduction of a new “entry fee.” As reported by The Japan Times, Governor Hirofumi Yoshimura addressed the matter […]
Casino
December 6, 2023
Osaka Integrated Resort Project Begins Construction
Japan’s first casino is finally becoming a reality. A few months after the Japanese government greenlit a revised implementation agreement for Osaka’s integrated resort project, construction of the property has finally begun. The property is a joint venture of the international casino juggernaut MGM Resorts International and Orix Corporation. The formal agreement was signed in […]
Legal
October 2, 2023
Osaka Police Raid Illegal Casino, Arrest Dozens of People
The Osaka prefecture may soon get its first integrated resort, marking a new age for casino gaming in Japan. However, it seems some people are too eager and don’t feel like waiting, instead resorting to gambling illegally. According to a report from the Osaka Prefectural Police, local officers raided an illegal casino, arresting dozens of […]
Casino
September 25, 2023
Japan Greenlights Revised Osaka IR Implementation Agreement
The central government of Japan has greenlit a revised implementation agreement for Osaka’s integrated resort project. Compiled by the Osaka Prefecture and the MGM Resorts consortium, which are behind the project, the plan would allow a formal agreement to be signed later this month. The approval was announced by Japan’s Minister for Land, Infrastructure, Transport […]
Casino
June 29, 2023
Osaka Contracts Deloitte Touche Tohmatsu for IR Monitoring Services
The Osaka prefecture has selected the business consultancy Deloitte Touche Tohmatsu for the provision of support services for the development of its upcoming integrated resort. The construction of the new casino and hospitality venue is expected to revolutionize gaming in Japan. Under its contract with the prefecture, the consultancy will be tasked with overseeing various […]
Casino
May 29, 2023
Osaka Confident in Success of Integrated Resort Despite Delays
Now, though, the project is set to begin construction and to be finally completed by a 2030-set deadline. Osaka governor Hirofumi Yoshimura feels confident that there is nothing that would disrupt this progress or makee it harder for the project to succeed in the future. Osaka Is Confident in Project’s Success Come What May Of […]
Industry
April 12, 2023
Osaka Integrated Resort Project Expects Approval Soon
Casino resorts are proven to bring economic stimulus and drive tourism growth. Many countries around the world have identified the potential of those resorts and the benefits they bring on a local and national level. Macau, China’s special administrative region, is currently a major hub for casino gambling and entertainment. The Philippines is also a […]