will butt heads with the likes<\/a> of Las Vegas Sands (LVS), Melco Resorts & Entertainment, and Wynn Resorts, among others.<\/p>\n<\/div>\nThe Yokohama competition may prove to be even tougher than Osaka’s for at least two reasons. First, along with MGM, LVS is widely viewed as one of the operators most likely to procure one of Japan’s initial three gaming licenses. Second, Yokohama locals mostly oppose the idea of a casino-resort, a concept that enjoys support in Osaka.<\/p>\n
\u201cIn the future, Genting Singapore will focus on participating in the Yokohama IR request for concept (RFC), which is currently underway,\u201d said Genting.<\/strong><\/p>\nLooking Ahead<\/h2>\n
It is expected that Japanese policymakers will make decisions on which cities will become hosts to gaming destinations sometime next year. From there, those locations will choose an operator partner and submit proposals to the federal government.<\/p>\n
MGM has obviously cleared one hurdle with its \u201cone and only\u201d status in Osaka. The company’s Japan efforts are led by former Nevada Gov. Brian Sandoval (R-NV), but reinforcements could be on the way.<\/p>\n
Last week, Jim Murren surprisingly announced that he’s stepping down as chairman and chief executive officer of the gaming company. But a new filing with the Securities and Exchange Commission (SEC) indicates he will be receiving some consulting compensation<\/a> and Murren himself has said that he’s going to be more involved with MGM’s Japan plans as times goes on.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"It was once a three-horse race to build an integrated resort in Osaka. But now, MGM Resorts International and local partner Orix are the last competitors standing. Last week, reports circulated confirming what many already knew \u2013 that MGM was viewed as the leader in a group also consisting of Galaxy Entertainment and Genting Singapore. […]<\/p>\n","protected":false},"author":46,"featured_media":127157,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[69069,62],"tags":[],"acf":[],"yoast_head":"\n
MGM Resorts Is the Lone Remaining Bidder for an Osaka License<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n