MGM Resorts, Orix Submit Proposal for Osaka Casino Resort
July 21 2021 - 2:25AM
Dow Jones News
By Megumi Fujikawa
The governor of Japan's Osaka Prefecture said Wednesday that MGM
Resorts International and Orix Corp. submitted a plan to spend 1
trillion yen ($9.10 billion) to build a casino resort in Osaka.
The city and prefecture of Osaka will examine the proposal until
September and submit an application to the national government by
the April 2022 deadline, Hirofumi Yoshimura said at a press
conference on Wednesday.
If Osaka is selected as a location for a casino resort, it will
likely open in the latter half of the 2020s, Mr. Yoshimura
added.
Write to Megumi Fujikawa at megumi.fujikawa@wsj.com
(END) Dow Jones Newswires
July 21, 2021 02:14 ET (06:14 GMT)
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