Japanese Licensing: Mgm Resorts And Osaka Will Work Together

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April 21, 2022
2 minutes

Despite the fact that the final decision on licensing locations for the construction of integrated resorts can stretch for years, some cities are developing strategies for the operation of the gambling industry.

Japanese Licensing: MGM Resorts and Osaka Will Work Together

One of these regions is osaka: representatives of the city have already announced cooperation with mgm resorts to prepare the proposal (rfp), which will be reviewed by the government of the country.

Official representatives of mgm resorts in osaka have already announced their plans for rfp. It is planned that in december the company will draw up a list of possible local partners to help implement the project. In addition, mgm stated that they want to finally decide on the choice of partner by june next year.

The authorities of the city called mgm resorts the official partner on a par with orix corporation – japanese company specializing in the provision of financial services.

The statement also suggests that the authorities of the city are planning to revive the tourist industries of osaka.

The authorities of the city are planning to launch the work of the resort casino during the 20025 world exhibition. However, in connection with this, there are dopeful assumptions that construction can delay because of the employment of brigades in the work on the objects of the world exhibition. However, the authorities insist that they will be able to implement a project on time.

Osaka – one of the largest cities applying for a casino construction license. Together with her interested in organizing gambling business on their territory nagasaki, yokohama, hokkaido, nagoya, wakaima, chiba, kitakyusu and tokyo.

The responsible ministry will start receiving proposals in january 2021, presumably, the process will be completed in july of the same year.

Recall that, according to experts, mgm resorts and las vegas sands will be competitors for obtaining a license in the japanese market.

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