{"id":777017863,"date":"2024-08-05T09:43:53","date_gmt":"2024-08-05T12:43:53","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777017863"},"modified":"2026-04-22T07:30:05","modified_gmt":"2026-04-22T10:30:05","slug":"bie-calls-for-pause-on-mgm-osaka-ir-construction-during-expo-2025","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/bie-calls-for-pause-on-mgm-osaka-ir-construction-during-expo-2025","title":{"rendered":"BIE calls for pause on MGM Osaka IR construction during Expo 2025"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">The Expo 2025 will be held from April 13 to October 13, 2025.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p class=\"wp-block-paragraph\">Japan.- The Bureau International des Expositions (BIE) and some business executives in Japan have called for a pause in the construction work of the <strong>MGM Osaka<\/strong> during the Expo 2025.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The event, which will be held for 184 days from April 13 to October 13, 2025, will take place on Yumeshima, an artificial island in Osaka Bay, where the integrated resort (IR) will be located. According to the Asahi Shimbun, concerns have been raised about potential landscape deterioration and noise pollution on the island due to the construction work for the IR.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In March,<strong> Bill Hornbuckle<\/strong>, CEO and president of MGM Resorts International, said that the next months would be critical to ensure that <a href=\"https:\/\/focusgn.com\/asia-pacific\/mgm-resorts-puts-back-expected-opening-of-osaka-ir\" target=\"_blank\" rel=\"noreferrer noopener\">the IR would be launched in 2030<\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The governor of Osaka prefecture and the mayor of Osaka city, along with high-ranking executives of the MGM Osaka project, are expected to meet soon to discuss the matter.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The IR is anticipated to generate annual revenue of JPY520bn, of which about 80 per cent is expected to come from the casino. About&nbsp;<strong>20 million people<\/strong> a year are expected to visit, including 6 million visitors from abroad, generating sales of JPY520bn annually, with JPY420bn coming from gambling revenue.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>See also: <\/strong><a target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/mgm-ceo-to-travel-to-thailand-to-explore-possible-venture\" rel=\"noreferrer noopener\">MGM CEO to travel to Thailand to explore possible venture<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Expo 2025 will be held from April 13 to October 13, 2025.<\/p>\n","protected":false},"author":176,"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":"Stakeholders, including the Bureau International des Expositions, are advocating for a temporary halt in MGM Osaka's Integrated Resort construction during Expo 2025 due to environmental and noise concerns on Yumeshima. This development poses potential schedule and cost implications for the JPY520bn annual revenue project, which is targeting a 2030 launch and relies heavily on casino GGR. Discussions are pending between Osaka officials and MGM executives to address these regulatory and public perception challenges.","focusai_entities":"Bureau International des Expositions, MGM Osaka, MGM Resorts International, Bill Hornbuckle, Asahi Shimbun","focusai_location":"Japan, Osaka, Yumeshima","focusai_target_profile":"ceo_executive (0.9), regulator (0.9), compliance_legal (0.8), operator_casino (0.9), investor_analyst (0.9), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"IR Project Timeline Impact","query":"What are the specific implications of a construction pause during Expo 2025 on the MGM Osaka IR's targeted 2030 launch, considering potential cost overruns and supply chain disruptions for this significant capital project?"},{"label":"Regulatory Compliance Strategy","query":"How will MGM Osaka and local authorities navigate the environmental and public perception concerns raised by the BIE, and what adjustments to the governance framework or construction methodology are being considered to ensure regulatory compliance and stakeholder alignment?"}],"footnotes":""},"categories":[157,16338],"tags":[23632,24020],"class_list":["post-777017863","post","type-post","status-publish","format-standard","hentry","category-business-news","category-east-asia-news","tag-integrated-resorts","tag-mgm-orix"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777017863","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=777017863"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777017863\/revisions"}],"predecessor-version":[{"id":777017870,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777017863\/revisions\/777017870"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777017863"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777017863"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777017863"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}