Tag: Casino MGM Caesars Osaka Japan
Casino firms eye $4.8B gaming complex in Japan
January 26, 2014
Bloomberg – Caesars Entertainment Corp., Genting (GENS) Singapore Plc and MGM Resorts International are in discussions with the Osaka government on plans for a 500 billion yen ($4.8 billion) casino resort. Officials met with Caesars and Genting last year and are scheduled to sit down with MGM in the next few months as Japan’s second-biggest metropolis expects Japan to end its ban on casinos, Osaka Prefecture Governor Ichiro Matsui said in an interview. “It’s just a matter of time before casinos are legalized,” he said. A gambling complex on reclaimed land Osaka owns would lure investment and tourists to a…