“I\u2019m absolutely sure I\u2019m going to be involved in the Japan project”, departing MGM resorts CEO Jim Murren has said. <\/p>\n\n\n\n\n\n\n\n
Japan.- After he announced that he will quit as MGM Resorts Chairman and CEO<\/a><\/em><\/strong> after 12 years in the role, Jim Murren has said there is a chance he will continue to work with the company on its plans to open an IR in Japan.<\/p>\n\n\n\n MGM resorts has been named the preferred IR partner of the City of Osaka should the region be granted one of three IR licences up for grabs. <\/p>\n\n\n\n \u201cAs it relates to Japan<\/a><\/em><\/strong>, very likely in May, I will be leading a group of people, including Bill Hornbuckle (MGM President and COO) to speak to the people of Osaka as the Chairman and CEO of MGM Resorts about why MGM and ORIX is the preferred partner. Why MGM and ORIX would be the operator that would put Osaka<\/a><\/em><\/strong> in safe hands. Why MGM Resorts and ORIX are the most responsible, most compliant, most dynamic company,\u201d Murren said.<\/p>\n\n\n\n \u201cAnd I\u2019m absolutely sure I\u2019m going to be involved in the Japan project. In fact, I\u2019ll probably be even more involved in the Japan project as time goes by,\u201d he added.<\/p>\n\n\n\n The MGM board will form a committee of independent directors to \u201cpromptly identify and evaluate candidates to assume the role of Chief Executive Officer\u201d, although Murren has promised to continue as Chairman and CEO until his successor is named.<\/p>\n","protected":false},"excerpt":{"rendered":" “I\u2019m absolutely sure I\u2019m going to be involved in the Japan project”, departing MGM resorts CEO Jim Murren has said.<\/p>\n","protected":false},"author":2,"featured_media":3239,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Departing MGM Resorts CEO Jim Murren has affirmed his continued, and potentially increased, involvement in the Japan Integrated Resort (IR) project, particularly for Osaka, despite his upcoming resignation from the CEO role. MGM Resorts, in partnership with ORIX, is the preferred IR operator for Osaka, which is vying for one of Japan's three IR licenses. This ensures leadership continuity for a critical strategic growth initiative.","focusai_entities":"Jim Murren, MGM Resorts, Bill Hornbuckle, ORIX, City of Osaka","focusai_location":"Japan, Osaka","focusai_target_profile":"ceo_executive (0.95), regulator (0.75), compliance_legal (0.7), operator_casino (0.9), investor_analyst (0.95), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Japan IR Leadership Structure","query":"How will Jim Murren's continued involvement in the Japan IR project be formally structured to ensure clear governance and accountability post-CEO transition?"},{"label":"Osaka IR Licensing Timeline","query":"What is the anticipated timeline for the Japanese government to grant the three IR licenses, and what are the key regulatory milestones remaining for the Osaka bid?"}],"footnotes":""},"categories":[160,28,16338],"tags":[473,470,1616,707],"class_list":["post-3484","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-asia-pacific","category-casino-news","category-east-asia-news","tag-ir","tag-japan","tag-mgm","tag-osaka"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/3484","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=3484"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/3484\/revisions"}],"predecessor-version":[{"id":3527,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/3484\/revisions\/3527"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/3239"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=3484"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=3484"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=3484"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}