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Casino

MGM and Orix form first Japan IR consortium

Tuesday 26 de March 2019 / 13:26

IAG

2 minutos de lectura

(Japan).- MGM Resorts is set to become the first international operator to formally enter into a consortium in pursuit of a Japan integrated resort (IR) license after partnering with Japanese leasing giant Orix.

MGM and Orix form first Japan IR consortium

Orix said last Friday that it would enter a consortia deal with Orix as equal partners with an eye on the development and operation of an IR in Osaka. The Nikkei quoted Orix CEO Makoto Inoue as stating, “We are considering teaming up with MGM” for business operations in Osaka. This is the first major Japanese domestic company to throw its hat in the ring for an IR.


According to Orix, a Memorandum of Understanding was signed by the two companies in late 2018. Operation of the IR will be undertaken by the consortium, while casino operations will be handled by MGM. Orix has also approached numerous Kansai companies to participate in this consortium.


MGM Chairman and CEO Jim Murren announced an “Osaka First” policy at the beginning of this year with regards to an IR bid for the city in 2024. At a press conference in Tokyo last week he doubled down on that bid, stating, “We want to build IR in Yumeshima, Osaka. We want to work with local business to build an IR unique to Japan so that the world will know what this country has to offer.”

Categoría:Casino

Tags: MGM, casinos,

País: Japan

Event

GAT EXPO CARTAGENA DE INDIAS 2024

09 de April 2024

Connections, agreements and surprises for R. Franco Digital at the 25th edition of GAT EXPO

(Cartagena de Indias, Exclusive SoloAzar) - Guillermo Ruipérez, head of sales at R. Franco Digital, in an exclusive conversation with SoloAzar, emphasised the special focus on organisation and networking during the 25th edition of GAT EXPO. He highlighted the wide range of the integral products and services offered by the firm, as well as the international character of the event that consolidates it as an essential regional meeting point.

Thursday 25 Apr 2024 / 12:00

Win Systems conquers GAT Expo Cartagena 2024 with innovations for Latin American market

(Cartagena de Indias, SoloAzar Exclusive).- Win Systems captivated attendees at the 25th edition of GAT Expo with a line of cutting-edge gaming solutions tailored specifically for the Latin American market. Manuel Wladdimiro, Sales Director for Central America and the Caribbean at Win Systems, offered valuable insights into the main products on display, and reflected on the remarkable growth of the show and its importance in the region, among other topics.

Thursday 25 Apr 2024 / 12:00

Prometeo IT Solutions sets trends with its integrated solutions for the iGaming industry

(Cartagena de Indias, SoloAzar Exclusive).- Prometeo IT Solutions, a Mexican company, consolidated its position as one of the protagonists of GAT Expo Cartagena 2024, captivating attendees with its wide range of integrated and management systems for the gaming market, both for online and land-based casinos. SoloAzar interviewed Guillermo Rojas, commercial director of the firm, who stressed the highlights of its exhibition and shared valuable reflections on the dynamic Colombian market, among other topics of interest.

Wednesday 24 Apr 2024 / 12:00

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