Japan Approves $10B Casino Development by MGM Resorts.
Japan has approved the construction of its first casino, a $10 billion resort in Osaka, paving the way for MGM Resorts International and ORIX Corporation to finalize agreements on construction. The resort will feature hotels, a conference center, a shopping center, and a theater, and is set to open in 2029. The proposed development is designed to transform the region into one of the world’s top entertainment and hospitality destinations and to serve as a hub for tourism across Japan.