Asia

Only Three Participants Remain in the Osaka IR Race

Published

5 years ago

September 24, 2019

Only Three Participants Remain in the Osaka IR Race

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The race for an IR in Osaka has reportedly narrowed to just three players: MGM Resorts, Galaxy Entertainment Group and Genting Singapore.

Osaka has long been viewed as the most probable location for Japan’s first integrated resort. But once touted as Japan’s most attractive location for a potential casino, international gaming operators are now changing their minds.

Las Vegas Sands (LVS) said it would focus on the Tokyo and Yokohama areas as potential locations to build a casino resort, adding it was no longer interested in Osaka. Caesars Entertainment Corp. dropped out of the entire Japan race at the end of August, citing several reasons. Melco Resorts & Entertainment signaled a shift in strategy last week, declaring a Yokohama-First policy to mirror MGM Resorts’ Osaka-First policy in partnership with Orix Corp.

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Niji Narayan

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.