On April 24, 2025, MGM Resorts International officially broke ground on its $9 billion casino project in Japan, after several delays that spanned multiple years. The groundbreaking ceremony took place in Osaka, signifying an important step toward establishing a major entertainment and gaming hub in the region.
Delayed $9 Billion MGM Casino Project Gains Momentum
The development of the MGM Casino has faced numerous challenges, including regulatory hurdles and shifts in the gaming landscape. However, with the groundbreaking finally occurring, optimism is in the air.
MGM Chairman and CEO Bill Hornbuckle stated, “Today marks a landmark moment for Osaka and our company. We believe that this project will redefine the entertainment experience in Japan and set the stage for a vibrant future.”
MGM has received approval to build a casino resort in Osaka, Japan, making it the first casino in the country.
But, newspaper polls show that many Japanese citizens are unhappy about the development. pic.twitter.com/Qn5wkM7gz5
— Yahoo Finance (@YahooFinance) April 20, 2023
In addition to gaming spaces, the casino will feature luxury hotels, shopping districts, and diverse dining options, fostering a comprehensive entertainment environment.
Local officials expressed their enthusiasm, citing potential job creation and economic stimulation as key benefits. Osaka Governor Hirofumi Yoshimura remarked, “The casino will not only enhance tourism but also contribute greatly to the city’s economy.”, reported Bloomberg.
Enhancing Tourism and Economic Growth
As the project progresses, its expected impact on tourism is a major focal point. With Japan becoming increasingly popular as a tourist destination, the MGM venture aims to attract millions of visitors annually.
Furthermore, the project will create thousands of jobs, bolstering local employment opportunities in construction, hospitality, and entertainment sectors.
Experts anticipate that the new casino will complement Japan’s existing attractions, encouraging visitors to explore both traditional cultural sites and modern entertainment offerings.
Anthony B. McKinney, a tourism analyst, emphasized this sentiment, stating, “MGM’s investment is a game-changer for Japan’s tourism sector. It reflects the growing global recognition of Japan as a premier travel destination.”
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