Japan approves Osaka casino resort plan with projected ¥550bn financing
Japan approved the Osaka integrated resort plan, reportedly led by MGM Resorts and Orix, with an expected opening in 2029. A local government document cited in the report says MUFG Bank and Sumitomo Mitsui Banking Corp will provide ¥550bn in project financing; the government said it needed more time to study Nagasaki’s proposal.
Approval advances Osaka’s integrated resort, while Nagasaki’s proposal remains under government review.