Orix outlines investment rationale for JPY1.51tn MGM Osaka resort
By The Weekly Edge desk ·
Summary
Orix views Japan’s MGM Osaka casino resort as an investment supported by sustained demand and potential recurring cash generation, iGaming Today reported. The JPY1.51tn development targets a late-2030 opening. MGM Resorts, which owns 43.5% of the development consortium, said on 29 July that the project remained within its schedule and budget.
Why it matters
Orix sees sustained demand and recurring cash potential in MGM Osaka, which MGM Resorts reports remains within schedule and budget.