Professor I Nelson Rose considers Japanese reluctance to support the proposed MGM Osaka IR.
MGM Resorts International and its Japanese partner, Orix Corporation, have officially applied for the right to spend one trillion Japanese yen to build an integrated resort on Yumeshima island in the city of Osaka.
There are obviously many steps to go, but it looks like the US$9.07bn casino complex will eventually be approved. The governor immediately said the plans are in line with what the government had envisaged. Of course, it also helps that MGM-Orix is the only bidder left standing.
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