MGM Osaka's future casino won out by profitability of competitors

MGM Osaka's future casino won out by profitability of competitors

The future of MGM Osaka casinos surpassed competitors' offerings in terms of profitability. Details released by the prefecture. The complex will be built by MGM Resorts International and Orix Corporation.

The future MGM casino in Osaka will have a solid financial turnover. Games alone will allow the site to earn $ 3.87 billion annually from games, and non-game objects will bring $ 990 million.

The Japanese press has already published a sketch of a huge entertainment complex called "Water World". The consortium's investment plan is a staggering $ 9.7 billion, and the physical properties that will be located on Yumeshima Island - Osaka Bay - will be united under the name of the "resort". It will employ 15,000 people.

The specialists who prepared the feasibility study laid the following prospects for the casino:

  • the annual flow of visitors - 20.5 million people;
  • domestic tourism - 14 million;
  • 6.5 million are overseas.

Admission fees from Japanese commoners alone will hit 33 million yen.

"When will this splendor become reality?" - asked journalists the press secretary of the Osaka administration. “Not earlier than 2028, but not later than 2030,” the officials replied.

The MGM Resorts directory, commenting on the victory, said that it is planned to work closely with the municipality to create a unique property that matches the style of local visions.

The resort will include:

  • hotels MGM_Osaka, MGM_Villas, Musubi with 2500 rooms;
  • conference rooms with an area of over 37,000 square meters for 6,000 visitors;
  • 330,000 square feet of showrooms;
  • the Yumeshima Theater and the Innovation Laboratory.

The complex will become a showcase attracting foreign audiences to Japan.

29 september 2021, 04:36

The following pages may interest you as well:

Orleans Casino - Californian hit the jackpot Latest casino news 28 september 2021

Orleans Casino - Californian hit the jackpot

Guest from California won $ 665 thousand in Las Vegas. […]

Wazdan hones volatility function Latest casino news 27 september 2021

Wazdan hones volatility function

The level of volatility is the concern of the casino. […]

New Stakelogic and Hurricane Games slot machine released to the market Latest casino news 25 september 2021

New Stakelogic and Hurricane Games slot machine released to the market

Stakelogic and Hurricane Games have released a new slot. […]

Belgium online casinos will have to be modernized Latest casino news 24 september 2021

Belgium online casinos will have to be modernized

The Belgian Constitutional Court overturned the 1999 law. […]

Nolimit City and Slotegrator are now partners Latest casino news 23 september 2021

Nolimit City and Slotegrator are now partners

The contract brought together Nolimit City and Slotegrator. […]

Stake casino made a player happy with $ 25,000 Latest casino news 22 september 2021

Stake casino made a player happy with $ 25,000

A quarter of a million was won by an average man in a casino. […]

Comments ()

    You need to login to create comments.

    Recommend Casinos

    Joycasino
    Joycasino
    Casino-X
    Casino-X
    MalinaCasino
    MalinaCasino
    BitStarz Casino
    BitStarz Casino
    Jackpot city casino
    Jackpot city…
    All Slots Casino
    All Slots Casino
    AHTI Games Casino
    AHTI Games Casino
    PlayOJO Casino
    PlayOJO Casino
    Eurogrand Casino
    Eurogrand Casino
    EUcasino
    EUcasino

    Recommend Games

    Gonzo's Quest Megaways
    Gonzo's Quest Megaways
    Reactoonz 2
    Reactoonz 2
    Book of Dead
    Book of Dead
    Starburst
    Starburst
    Gonzo's quest
    Gonzo's quest
    Age Of The Gods: Glorious Griffin
    Age Of The Gods: Glorious Griffin
    Grand spinn
    Grand spinn
    Dazzle me
    Dazzle me
    Hotline
    Hotline
    Berryburst
    Berryburst