MGM Resorts, a major participant in the worldwide hospitality and casino business, is about to embark on a transformative journey with the announcement of its ambitious plans for an integrated resort in Osaka, Japan. MGM President and CEO Bill Hornbuckle spoke about the company’s upcoming projects, including the much anticipated Osaka project and its possible expansion into other international markets.
The potential of MGM Resorts developing a significant presence in Osaka has been a 12-year journey, and the business is finally preparing to realize its goal. The building of the Yumeshima Island integrated resort is anticipated to begin in the middle to late next year, with an implementation agreement expected to be signed in the autumn. The property, which was initially built to participate in the 1972 Olympics, will be transformed into a world-class gaming and hotel destination.
MGM CEO Bill Hornbuckle expressed enthusiasm for the project, highlighting that the resort will be built on reclaimed land, providing a unique chance to leverage existing infrastructure and services being built for the World Expo 2025.
While the Osaka project is a significant task, MGM Resorts remains committed to providing quality. The company plans to open in 2030, a landmark that will change the landscape of entertainment and hospitality in the region.
MGM Resorts has set its sights beyond Japan to extend its presence in other international countries, highlighting the company’s dedication to driving innovation and growth. Thailand and the United Arab Emirates are two significant regions on MGM’s radar.
Thailand-related dialogue and conversations have piqued MGM’s interest in exploring new opportunities in this expanding market. As the appeal of gaming continues to pique people’s curiosity, MGM remains open to conducting a thorough examination to identify attractive chances for expansion.
MGM Resorts has formed a strategic alliance with Wasl Asset Management Group in the UAE. They are working together to create an interesting hospitality project on Porto Island, which is located at the base of Jumeirah Beach. The project includes three historic hotels – MGM, Bellagio, and Aria – that will add excitement and luxury to the neighborhood.
As of now, the UAE project’s major focus is hospitality, with potential gaming services on the horizon. While MGM continues to follow regional developments, the company is also paying close attention to government laws and regulations, ready to seize opportunities when they occur.
The post MGM Resorts Sets Sights on Osaka Integrated Resort and Expanding Global Presence appeared first on iGaming.org.