MGM Osaka recently hosted a ceremony to mark the commencement of construction on a groundbreaking $8.9 billion project, set to be Japan’s first integrated resort (IR). MGM Osaka Casino
The development is a collaboration between MGM Resorts International and Orix Corp., with representatives from both organizations in attendance, alongside Osaka Mayor Hirofumi Yoshimura.
The planned MGM Osaka resort will feature approximately 2,500 hotel rooms, around 120,000 square meters dedicated to conference facilities, 100,000 square meters of exhibition space, and a theater that can seat 3,500 guests.
The anticipated completion date for the project is scheduled for the third quarter of 2030, although local media suggest that construction could be expedited to begin in 2025 to coincide with Expo 2025 Osaka.
During the expo period, construction activities involving heavy machinery may be limited, particularly until October 13, when the event concludes. There will also be significant adjustments to site activity on days with high visitor traffic. MGM Osaka Casino
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In a statement released by MGM Osaka, the company expressed its commitment to the region: “The Osaka IR is slated to debut in the latter half of 2030, and in partnership with Osaka Prefecture and Osaka City, will enhance Japan’s tourism sector and foster growth in the Kansai area, representing the first of its kind in the nation.”
Additionally, up to HK$23.4 billion (approximately US$2.99 billion) is allocated for refinancing existing loans and supporting operational expenses and corporate needs.
