MGM Resorts made an appearance to talk about its plans for an integrated resort in the area and was joined by Galaxy Entertainment Group Japan.
Companies on the front lines are pushing forward and continue to develop their plans for a multibillion-dollar market once it’s all up and running.
As soon as Japan is ready to move forward with the next step in the development of its gambling industry, key cities that are expected to lead the way are ready.
Fitch Ratings expects MGM Resorts International to be a top contender for an integrated resort (IR) in Osaka, Japan.
Fitch thinks the amount could be at least $10 billion, which doesn’t include additional revenue brought in from non gambling revenue.
The basic policy serves as the framework for what is required by the casino operators and the local communities to have their bids taken seriously.
Melco International already has two offices in Japan as it hopes to build up its brand recognition to secure a license for an integrated resort.
Suncity Group Holdings has plans to try to get in on Japan’s integrated resort (IR) scene, hoping for the chance to win a bid for Wakayama.
Caesars will redirect its energies to its recent merger with Eldorado Resorts.
Suncity Group and Bloomberry Resorts have their eye on Wakayama and spent some time in front of local representatives this week showing off their concepts.