{"id":23048,"date":"2021-09-28T13:01:37","date_gmt":"2021-09-28T16:01:37","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=23048"},"modified":"2026-04-23T15:15:37","modified_gmt":"2026-04-23T18:15:37","slug":"osaka-mgm-orix-ir-expects-us3-87bn-in-annual-gaming-sales","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/osaka-mgm-orix-ir-expects-us3-87bn-in-annual-gaming-sales","title":{"rendered":"Osaka: MGM-Orix IR expects US$3.87bn in annual gaming sales"},"content":{"rendered":"\n<p>Osaka Prefecture has revealed that the MGM-Orix request-for-proposal (RFP) submission predicts that its planned IR could generate JPY430bn (US$3.87bn) in annual gaming sales.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Japan.- According to the Osaka Prefecture, the\u00a0planned <a rel=\"noreferrer noopener\" target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/osaka-announces-mgm-orix-as-ir-partner\">MGM-Orix integrated resort development<\/a>\u00a0could generate JPY430bn (US$3.87bn) in annual gaming sales and JPY110bn non-gaming sales.<\/p>\n\n\n\n<p>The\u00a0<strong>MGM-Orix<\/strong>\u00a0consortium had proposed to invest\u00a0<strong>JPY1tn (US$9.1bn)\u00a0<\/strong>and expects to welcome 20.5 million visitors per year. Osaka Prefecture is expected to submit its\u00a0<strong>IR development plan to the national government in April 2022<\/strong>.<\/p>\n\n\n\n<p>The target opening date for the IR has been pushed back to sometime between 2028 and 2030.&nbsp;<\/p>\n\n\n\n<p>The Osaka government had asked&nbsp;<strong>potential contenders to assume the costs of extending the Osaka Metro<\/strong>&nbsp;line to the site, but authorities were afraid that as the only bidder&nbsp;<a target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/osaka-worried-about-future-of-ir-development\" rel=\"noreferrer noopener\">MGM-Orix<\/a>&nbsp;could renegotiate conditions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Osaka Prefecture has revealed that the MGM-Orix request-for-proposal (RFP) submission predicts that its planned IR could generate JPY430bn (US$3.87bn) in annual gaming sales.<\/p>\n","protected":false},"author":176,"featured_media":20442,"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 Prefecture's RFP submission for the MGM-Orix integrated resort projects JPY430bn (US$3.87bn) in annual gaming sales and JPY110bn in non-gaming sales, based on a JPY1tn (US$9.1bn) investment. The consortium anticipates 20.5 million annual visitors, with the IR's target opening now between 2028 and 2030, pending national government approval of the development plan in April 2022.","focusai_entities":"MGM-Orix, MGM, Orix, Osaka Prefecture, Osaka government","focusai_location":"Japan, Osaka","focusai_target_profile":"ceo_executive (1.0), regulator (1.0), compliance_legal (0.7), operator_casino (1.0), investor_analyst (1.0), supplier_vendor (0.9), journalist_researcher (1.0)","focusai_suggestions":[{"label":"IR Plan Approval Impact","query":"What are the specific criteria the national government will use to evaluate Osaka Prefecture's IR development plan, and what are the potential implications of the sole bidder scenario on the approval process?"},{"label":"GGR Projections Analysis","query":"How do the projected JPY430bn annual gaming sales compare to other established integrated resorts globally, and what underlying assumptions regarding player demographics and market penetration support this GGR forecast?"}],"footnotes":""},"categories":[157,16338,158],"tags":[23632,24020],"class_list":["post-23048","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-east-asia-news","category-slider-home","tag-integrated-resorts","tag-mgm-orix"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/23048","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\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=23048"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/23048\/revisions"}],"predecessor-version":[{"id":23068,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/23048\/revisions\/23068"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/20442"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=23048"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=23048"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=23048"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}