Japan’s central government approves revised implementation plan for Osaka IR
Monday 25 de September 2023 / 12:00
2 minutos de lectura
(Japan).- Japan’s central government has approved an implementation agreement drawn up by Osaka Prefecture and the MGM Resorts consortium for an integrated resort development on Osaka’s Yumeshima Island, paving the way for a formal agreement to be signed within the month.
Minister for Land, Infrastructure, Transport and Tourism, Tetsuo Saito, announced the approval on Friday after Osaka Prefecture submitted a revised agreement on 8 September. This revised agreement pushes back the originally planned opening date by one year to 2030 and increased the expected initial investment by around US$1.3 billion to JPY 1.27 trillion (US$8.60 billion) as a result of soaring prices for construction materials.
With approval now secured, it is expected that Osaka and its preferred IR partner – a consortium led by MGM Resorts and local firm Orix – could sign the implementation agreement within this month. Once signed, the consortium is expected to begin ground liquefaction countermeasure work during the current autumn with construction of the main facility to begin around spring of 2025.
Once complete, the IR is projected to include 2,500 hotel rooms across three hotel brands, 730,000 square feet of MICE space and tourism facilities to showcase the best of Osaka and Japan.
Categoría:Casino
Tags: Sin tags
País: Japan
Región: Asia
Event
Peru Gaming Show 2025
18 de June 2025
Facephi presented its digital identity verification solutions for the online gaming sector in Peru at PGS 2025
(Lima, SoloAzar Exclusive).- Facephi is consolidating its position as a strategic partner for responsible online gaming in Peru, presenting advanced identity verification, fraud prevention, and regulatory compliance solutions at PGS 2025, adapted to an increasingly digital and demanding ecosystem. In this interview, Bruno Rafael Rivadeneyra Sánchez, the firm's Identity Solutions Senior Manager, explores how its technology is redefining gaming security standards, with a preventative, seamless, and 100% regional approach.
Friday 18 Jul 2025 / 12:00
From PGS 2025, Win Systems Redoubles its Commitment to Peru: Innovation, Proximity, and Regional Expansion
(Lima, SoloAzar Exclusive).- In a revealing interview, Galy Olazo, Country Manager of Win Systems in Peru, analyzes the company's strategic role in one of the most thriving markets in the region. Its participation in the PGS 2025 trade show not only left its mark with its technological advances, such as the new Gold Club Colors electronic roulette wheels and the WIGOS management system, but also reaffirmed its commitment to the transformation of the sector and its consolidation in Latin America.
Tuesday 15 Jul 2025 / 12:00
Key debate during PGS 2025: Enforcement: Process to ensure compliance (laws, norms, rules)
(Lima, SoloAzar Exclusive).- During the 2025 edition of the Peru Gaming Show, the conference ‘Enforcement: Process to ensure compliance (laws, norms, rules)’ took place, with an international panel of professionals who debated about the current challenges to combat illegal gaming and guarantee the application of the laws in the sector, both in Peru and in the Latam region.
Monday 14 Jul 2025 / 12:00
SUSCRIBIRSE
Para suscribirse a nuestro newsletter, complete sus datos
Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.