MGM CEO William Hornbuckle attended a licensing hearing with the Nevada Gaming Commission.
Japan.- MGM Resorts International CEO William Hornbuckle told the Nevada Gaming Commission in a licensing hearing on Thursday that its upcoming integrated resort in Osaka, Japan, will create around 12,000 jobs.
Hornbuckle highlighted that the Osaka resort will, at least initially, be the sole licensed casino operator in Japan, a market of 120 million people. He also drew parallels to Singapore’s integrated resort model.
Developed alongside ORIX Corporation, the Osaka IR is scheduled to debut in the third quarter of 2030 on the man-made island of Yumeshima, which recently hosted the 2025 World Expo. It will have hotels, dining, retail zones, a theatre and a large casino floor designed to accommodate an estimated 20 million annual visitors.
The project represents one of the most significant private tourism investments in Japan’s history with capital expenditure estimated at JPY1.27tn (US$8.1bn). Analysts project the resort could generate close to JPY1tn (US$6.4bn) in economic impact over its first decade, mainly through job creation, increased tourism spending and broader sector development.
MGM CEO William Hornbuckle attended a licensing hearing with the Nevada Gaming Commission. Japan.- MGM Resorts International CEO William Hornbuckle told the Nevada Gaming Commission in a licensing hearing on…
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