process was pushed back again<\/a><\/em><\/strong> last week due to the continuing Covid-19 pandemic.<\/p>\n\n\n\nThe original deadline was set for April, before being pushed back to July when the Covid-19 outbreak began. Osaka city authorities have now delayed the RFP phase for another six months, which means the selection of the private partner for the resort will be pushed back to 2021.<\/p>\n\n\n\n
The venue is now expected to open at the end of 2027 at the earliest.<\/p>\n\n\n\n
The MGM brand remains a favourite to be involved in any Osaka IR.<\/p>\n\n\n\n
A representative from the group told GGRAsia: \u201cAs mayor Matsui indicated, Covid-19 has affected business travel and the ability of members of our Las Vegas team to travel to and from Japan to meet and continue discussions with Osaka prefecture\/city.”<\/p>\n\n\n\n
\u201cWe remain fully committed to our partnership with Orix and are actively working on our proposal in response to Osaka\u2019s RFP to realise a world class integrated resort in Osaka during the timing Mayor Matsui indicated.”<\/p>\n","protected":false},"excerpt":{"rendered":"
MGM’s international arm is still interested in biding for Osaka’s IR in spite of further delay.<\/p>\n","protected":false},"author":2,"featured_media":7081,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"MGM Resorts International reaffirms its commitment to bidding for Osaka's Integrated Resort (IR) despite a further six-month delay to the Request for Proposal (RFP) process, pushing partner selection to 2021 and the venue's opening to late 2027. The delay is attributed to COVID-19 travel restrictions impacting MGM's Las Vegas team's ability to engage with Osaka authorities.","focusai_entities":"MGM Resorts International, Orix, GGRAsia, Mayor Matsui","focusai_location":"Japan, Osaka, Las Vegas","focusai_target_profile":"ceo_executive (0.9), regulator (0.75), operator_casino (0.9), investor_analyst (0.9), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Impact on Capital Allocation","query":"How will the extended timeline for the Osaka IR project impact MGM Resorts International's capital allocation strategy and projected return on investment for its global portfolio?"},{"label":"Regulatory Framework Evolution","query":"What specific adjustments to Japan's IR regulatory framework or licensing conditions might be considered by authorities in response to these prolonged development delays?"}],"footnotes":""},"categories":[28,16338],"tags":[470,1616,707],"class_list":["post-7080","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-casino-news","category-east-asia-news","tag-japan","tag-mgm","tag-osaka"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/7080","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=7080"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/7080\/revisions"}],"predecessor-version":[{"id":777010406,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/7080\/revisions\/777010406"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/7081"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=7080"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=7080"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=7080"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}