Wednesday, August 17, 2022


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MGM not committed to Osaka IR investment


In an earnings conference call held at the end of last week, MGM President and CEO Bill Hornbuckle revealed that his firm was not committed to moving

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Osaka railways reconsidering Yumeshima development plans


Uncertainty over further schedule delays and concerns about a reduced scale for IR development on Yumeshima is causing local railways to consider scal

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Osaka leaders give up on firm timeline for operator selection


Osaka Mayor Ichiro Matsui and Governor Hirofumi Yoshimura have indicated that, due to impact of the coronavirus, it is currently not possible to set a

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Matsui admits Osaka IR may not open until 2028


Osaka Mayor Ichiro Matsui announced at a Thursday press conference that an extra six months would be necessary for IR operators to submit all of their

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Galaxy announces its withdrawal from Osaka bid


Galaxy Entertainment announced on Monday its withdrawal from consideration for an IR license in partnership with the government of Osaka for the Yumes

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Osaka party expels bribe-taking lawmaker


While Japan’s ruling party is trying to ignore the 500 Dot Com bribery scandal that has entangled five of its lawmakers, the Osaka-based Japan Innovation Party is taking the opposite tack, quickly expelling its bribe-receiving lawmaker and instituting...

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Osaka gives up on pre-World Expo IR opening


Osaka Mayor Ichiro Matsui indicated at a press conference on Friday that he had effectively given up on his long-cherished goal to open the Yumeshima IR before the 2025 World Expo, and that in fact the bidders would only be asked to commit to a FY2026...

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Osaka government plans for IR tax revenue division


Osaka’s governing party has finalized its plans on how to divide IR local tax revenues in the event that the central government licenses the Yumeshima IR and its separate initiative to administratively merge Osaka prefecture and city is approved in...

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Yumeshima IR candidacy is Osaka government’s to lose


It was considered a foregone conclusion in gaming circles that Osaka will be a venue for one of the first three integrated resorts in Japan, though the entry of Yokohama into the race and shifting political sands highlight the fact that nothing should...

Galaxy pitches for Osaka Yumeshima IR


Galaxy Entertainment held a press event in Osaka on Wednesday to make their local pitch, providing competition for MGM Resorts. 

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Yokohama bid holds promise and perils


Yokohama Mayor Fumiko Hayashi's announcement that her government would make an IR bid reshaped the licensing race in a way that few other events have done.

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Las Vegas Sands sponsors rock music festival in Osaka


Las Vegas Sands has announced that it has become a top-tier sponsor for the Summer Sonic 2019 rock music festival to be held at Osaka’s Maishima Sonic Park for three days from August 16.

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Nikkei announces IR Forum for Osaka in August


The Nihon Keizai Shinbun is bringing its high-powered IR Forum to Osaka, marking the third in the Nikkei series, but the first held in the Kansai regi

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Osaka to be the best choice for IR location: Goldstein


Las Vegas Sands president and COO Rob Goldstein said he believes Osaka to be the only city in Japan suitable for a large-scale IR with “millions”

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Osaka launches RFC process and provides IR development timeline


New Osaka Governor Hirofumi Yoshimura has wasted little time in launching his prefecture’s RFC process and has provided an anticipated timeline for the development of the Yumeshima IR.

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Yumeshima’s post-Expo future may include Formula One


Osaka Mayor Hirofumi Yoshimura revealed in an interview with the Sankei Shinbun that he envisions attracting Formula One racing to Yumeshima after the

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Analysts see bright economic prospects for the Osaka expo


Analysts are painting optimistic scenarios for the Osaka economy, as well as for the Japanese construction industry generally, in the wake of the local success in winning the 2025 World Expo.

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PwC lands Osaka IR advisory contract


On Wednesday last week, the Osaka Prefectural Government announced that PwC had won the bid to become its consultant and partner in handling the IR de

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Developer buys land next to Osaka’s Yumeshima


On Friday, the Osaka city government announced that it had sold four lots of land on Sakishima—an island facing across a narrow channel to the antic

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