MGM Resorts and Orix Corporation have formed a partnership in its bid to be chosen by the Osaka prefectural government for an integrated resort (IR) development at Yumeshima.
This is the very first time that an international IR operator has revealed to the public the identity of one of its Japanese consortium partners. Apparently, the partnership between MGM and Orix was made around three months ago (December 2018).
MGM Resorts is the parent company of Macau casino operator MGM China Holdings Ltd.
Read more » MGM Teams up with Japanese partner Orix in Bid for Osaka Casino License
The government of Japan has proposed to set a casino entry levy of JPY2,000 (approx. US$19) for 24-hour access for the country's nationals and residents, one element that is to be included in the Integrated Resorts (IR) Implementation Bill.
