Asia

MGM to Begin Construction of Osaka IR in 2024

Published

1 year ago

July 26, 2023

Reading Time: < 1 minute

MGM Resorts is looking to begin construction for its integrated resort in Osaka, Japan by middle to late next year, MGM President and CEO Bill Hornbuckle has revealed. The announcement comes after the company signed a licensing agreement with Marriott International last week, expected to draw high-end travellers to its Las Vegas’ operations.

In an interview, Hornbuckle said that the group expects to sign the implementation agreement for its casino resort in Osaka in autumn. He said: “It’s early in the game, but for us, it’s been a 12-year journey. We’re looking forward to signing our area development plan this fall and starting in earnest on the ground, hopefully, by middle to late next year in terms of pylons and beginning construction. We’re shooting for a 2030 opening.”

He further confirmed that the property would be on reclaimed land, the Yumeshima Island, which was “originally built to compete for the ’72 Olympics, and it’s been sitting there since”. Hornbuckle noted that the site is slated to house the World Expo in 2025, “so a lot of the infrastructure and some of the other things we need for tourism will be brought to bear”.

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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.