07/22/21 MGM-Orix: Osaka IR would launch no earlier than 2028 MGM-Orix have confirmed that their planned Osaka IR would not open before 2028, and possibly only in 2030.
04/10/21 Analysts expect MGM to continue looking for IR developments Moody’s expects MGM Resorts International to develop “large, high profile” IR opportunities around the world.
04/07/21 MGM-Orix continues as only contender in Osaka’s IR tender Although Osaka extended its submission period until April 6, no fresh private-sector suitor has come forward.
10/11/20 Fitch expects MGM Macau revenue to drop 19% Rating the company’s new notes, the agency offered an outlook of what it expects for the Macau segment of the business.
08/14/20 Fitch sees negative outlook for MGM and Sands Lower visitations in Macau, Singapore and Las Vegas Casinos are injuring the financial position of the gaming giants.
06/06/20 MGM accepts new delay on Osaka casino MGM’s international arm is still interested in biding for Osaka’s IR in spite of further delay.
04/17/20 Macau: just 15 players on gaming floors Research by research conducted by Inside Asian Gaming reveals an average of just 15 players on gaming floors at Macau casinos.
04/02/20 Japan’s first IR could be delayed Coronavirus outbreak raising concerns over whether timetable for issuing licences is achievable.
03/30/20 Osaka changes plans to open IR before 2025 World Expo Grand opening has been pushed back a year due to Coronavirus.
02/17/20 MGM named sole bidder for Osaka IR MGM-Orix consortium selected as the only applicant to develop a new integrated resort in Osaka.
02/14/20 Murren shows interest in MGM’s plans for Japan “I’m absolutely sure I’m going to be involved in the Japan project”, departing MGM resorts CEO Jim Murren has said.
02/13/20 CEO Jim Murren quits MGM Resorts Murren joined MGM Resorts in 1998 and became CEO in 2008, a position he has held ever since.
01/31/20 MGM Japan sponsors pro basketball team Casino giant becomes official sponsor of Osaka Evessa and plans to drive awareness of the sport throughout the country
01/16/20 MGM sells properties as it eyes opportunities in Japan The US casino operator offloads the MGM Grand hotel for $2.5 billion and will use the cash to target the Japanese market.