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.
Source: Latest News on European Gaming Media Network
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