The concern is that if the full completion of an IR is delayed, the construction work will negatively impact the expo.<\/p>\n\n\n\n\n\n\n\n
Japan.- Osaka<\/a><\/em><\/strong> is one of the cities that lead the IR race in Japan. It already confirmed its partner for their request for proposal (RFP) process (MGM Resorts<\/a><\/em><\/strong>) and dreams to have the IR before Expo 2025.<\/p>\n\n\n\n The director of the Kansai Association of Corporate Executives, Hiroyuki Ikeda, held a press conference last Tuesday and said that he believe that an integrated resort (IR) full opening timed before the opening of the 2025 Osaka\/Kansai Expo.<\/p>\n\n\n\n \u2018It would be most beneficial for the city aiming for an IR bid. Infrastructure development could be done if all of Japan was motivated,\u201d Ikeda said according to Sankei Shimbun.<\/em><\/p>\n\n\n\n The i<\/em>dea of <\/em>the city and prefecture were initially planning to open the IR facility before the expo but delays in legislation complicated there objective. The concern is that if the full completion of an IR is delayed, the construction work will negatively impact the expo.<\/p>\n\n\n\n The city has decided to move forward with their plans by including MGM Resorts within the RFP process, making them one of their first official partners. Japanese financial services group Orix Corporation will also be partnering with the city in the process. The concern is that if the full completion of an IR is delayed, the construction work will negatively impact the expo.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Osaka's Integrated Resort (IR) project, partnered with MGM Resorts and Orix Corporation, faces potential delays in its planned completion before Expo 2025 due to legislative complexities. The Kansai Association of Corporate Executives highlights the strategic importance of timely IR opening for the city's bid, warning that construction delays could negatively impact the Expo.","focusai_entities":"MGM Resorts, Orix Corporation, Kansai Association of Corporate Executives, Hiroyuki Ikeda, Sankei Shimbun","focusai_location":"Japan, Osaka, Kansai","focusai_target_profile":"ceo_executive (0.9), regulator (0.75), operator_casino (0.95), investor_analyst (0.95), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"IR Project Timeline Impact","query":"What specific legislative hurdles are contributing to the potential delay in Osaka's IR completion, and how might this affect the project's overall financial viability and projected Net Gaming Revenue (NGR)?"},{"label":"MGM\/Orix Strategic Adjustments","query":"How are MGM Resorts and Orix Corporation adjusting their capital deployment and operational readiness strategies in response to the potential IR completion delay relative to Expo 2025?"}],"footnotes":""},"categories":[160,157,16338],"tags":[96,29,473,470,707],"class_list":["post-1359","post","type-post","status-publish","format-standard","hentry","category-asia-pacific","category-business-news","category-east-asia-news","tag-asia","tag-casino","tag-ir","tag-japan","tag-osaka"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/1359","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=1359"}],"version-history":[{"count":1,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/1359\/revisions"}],"predecessor-version":[{"id":1360,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/1359\/revisions\/1360"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=1359"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=1359"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=1359"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
<\/p>\n","protected":false},"excerpt":{"rendered":"