Asia
MGM Resorts Is on the Brink of Becoming Osaka’s IR Partner

MGM Resorts has moved irreversibly closer to start an integrated resort in Osaka. The Osaka Prefectural Government has announced that the US casino group and its local partner Orix are the only consortium left in the fray.
Two more companies had been in the race reportedly: Galaxy Entertainment Group and Genting Singapore. However, both of them seem to have withdrawn from the race, as MGM emerges as the last man standing. The prefecture authorities have confirmed that the government had only received the application from MGM only.
Shortly after the announcement, Genting Singapore issued a statement in which it explained it “had to abandon our participation in the RFP for the Osaka/Yumeshima District Specified Complex Tourism Facilities Installation and Operation Project” after coming to the conclusion that it was unlikely to win.
Genting will now focus on Yokohama, like LVS, Melco and Wynn.
-
eSports6 days ago
2025 PUBG MOBILE World Cup Survival Stage set to determine Grand Finalists
-
Asia6 days ago
Uzbekistan Introduces Penalties for Illegal Gambling Operations
-
Africa7 days ago
Rise & Hustle launches tap-to-earn street game platform in Nigeria with real-world rewards
-
Africa7 days ago
SOFTSWISS Launches First South African Project with Mzansibet
-
Latest News7 days ago
Betano becomes the new title sponsor of the Supertaça Cândido de Oliveira
-
Compliance Updates7 days ago
St8 enters the United Kingdom after securing B2B licence
-
Compliance Updates5 days ago
Isle of Man Government Publishes Terrorist Financing National Risk Assessment
-
Compliance Updates5 days ago
Pollard Banknote Secures License to Supply Gaming-related Goods and Services In the UAE