{"id":777042813,"date":"2026-05-28T08:45:35","date_gmt":"2026-05-28T11:45:35","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777042813"},"modified":"2026-05-28T08:45:52","modified_gmt":"2026-05-28T11:45:52","slug":"truist-says-mgm-osaka-could-generate-us2bn-in-annual-ebitda","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/truist-says-mgm-osaka-could-generate-us2bn-in-annual-ebitda","title":{"rendered":"Truist says MGM Osaka could generate US$2bn in annual EBITDA"},"content":{"rendered":"\n

Investment bank upgrades MGM Resorts stock outlook and highlights the long-term potential of the company\u2019s integrated resort project in Osaka.<\/p>\n\n\n\n\n\n\n\n

Japan.- MGM Resorts International\u2019s integrated resort project in Osaka, Japan, could eventually generate US$2bn in annual EBITDA<\/strong>, according to analysts at Truist Securities. The forecast was included in an investor note in which the investment bank upgraded MGM Resorts from \u201cHold\u201d to \u201cBuy\u201d<\/strong> and raised its target price for the company\u2019s shares from US$42 to US$55.<\/p>\n\n\n\n

Truist analyst Barry Jonas said MGM Osaka<\/a> could become a major long-term catalyst for MGM. The joint venture involves an estimated investment of around US$10bn and is slated for a 2030 opening. According to Truist, MGM\u2019s share of projected EBITDA could reach approximately US$800m annually.<\/p>\n\n\n\n

Truist noted that the project adds to MGM\u2019s international diversification strategy, alongside its existing casino operations in Macau. The investment bank also pointed to improving conditions in Las Vegas as another reason behind its more positive view on MGM. It said recent consumer surveys showed stronger sentiment towards Las Vegas tourism, including better perceptions of value and increased interest in future travel.<\/p>\n\n\n

\n\t\t\tSee also:<\/span><\/p>\n
\n\t\t\t\t\"\"<\/p>\n

\n\t\t\t\t\tSee also:<\/span> MGM Osaka appoints new chairman as IR construction advances<\/a>\n\t\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"

Investment bank upgrades MGM Resorts stock outlook and highlights the long-term potential of the company\u2019s integrated resort project in Osaka.<\/p>\n","protected":false},"author":680,"featured_media":777025764,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Truist Securities upgraded MGM Resorts International's stock to \"Buy\" with a raised target price, citing the significant long-term potential of its Osaka, Japan integrated resort project. The investment bank projects the Osaka IR could generate US$2bn in annual EBITDA, with MGM's share reaching US$800m, bolstering the company's international diversification alongside improving Las Vegas market conditions.","focusai_entities":"MGM Resorts International, Truist Securities, Barry Jonas","focusai_location":"Osaka, Japan, Macau, Las Vegas","focusai_target_profile":"ceo_executive (0.95), regulator (0.7), compliance_legal (0.7), operator_casino (0.9), investor_analyst (1.0), supplier_vendor (0.75), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Osaka IR ROI?","query":"What are the key assumptions underpinning Truist's US$2bn annual EBITDA projection for the MGM Osaka IR, particularly regarding gaming verticals, non-gaming revenue mix, and projected GGR\/NGR?"},{"label":"MGM Diversification Strategy?","query":"How does the projected financial contribution of the Osaka IR, alongside Macau operations and improving Las Vegas sentiment, strategically rebalance MGM Resorts International's global revenue and EBITDA portfolio?"}],"footnotes":""},"categories":[28,16338],"tags":[470,24729],"class_list":["post-777042813","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-casino-news","category-east-asia-news","tag-japan","tag-mgm-osaka"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777042813","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\/680"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777042813"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777042813\/revisions"}],"predecessor-version":[{"id":777042826,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777042813\/revisions\/777042826"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/777025764"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777042813"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777042813"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777042813"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}