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Asia Casino News │ ACN

Your Daily Source for Asian Gaming Industry News

Orix Corporation makes pricey Osaka integrated casino resort pledge

November 9, 2021 Casino & HotelIndustry Updates

In Japan and local financial services firm Orix Corporation has reportedly committed to spending at least $2.4 billion on the integrated casino resort it is looking to bring to the city of Osaka.

According to a report from Inside Asian Gaming, the revelation comes some seven weeks after the New York and Tokyo-listed entity
was picked alongside collaborator MGM Resorts International to serve as the preferred operating partner for

the Honshu jurisdiction’s tilt at securing one of a nationwide trio of coming 40-year integrated casino resort licenses.

The source detailed that the pair are now working towards securing federal permission for the Las Vegas-style development in hopes of being able to open the venue on a 121-acre portion of the man-made Yumeshima Island by the end of 2029.

Source: https://news.worldcasinodirectory.com/orix-corporation-makes-pricey-osaka-integrated-casino-resort-pledge-97927
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