JPMorgan analyst Daniel Politzer estimated that MGM Osaka could contribute up to $31 per share to MGM Resorts International’s value when the resort is fully operational. The analyst put its present discounted value at $19 per share; the project is scheduled to open in 2030 and is being developed with Orix Corporation.
The estimate links the Osaka project’s potential value to MGM’s share valuation and its planned 2030 opening.
Quarter ended 30 September 2026
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Osaka Prefecture and the MGM Osaka development team warned that websites are falsely claiming links to the planned resort. They said MGM Osaka has no connection to online casinos and does not promote or operate internet gambling; Osaka police warned that accessing or betting through the platforms in Japan may breach gambling laws.
Osaka Prefecture and the developers of MGM Osaka warned the public in Japan against gambling websites claiming links to the resort, according to a joint statement reported by media. They said MGM Osaka does not offer, promote or advertise online casinos and urged people to avoid the sites.
South Korean casino operators and tourism academics called for lighter administrative requirements and industry rebranding at a Seoul roundtable, citing concern that MGM Osaka could draw tourists and investment away from Korea. The Osaka resort is expected to open in 2030; estimates cited at the discussion put annual visitors at 7.6 million and overseas visitor spending at $1.9 billion.
Osaka city authorities said they plan to begin an RFP for facilities in Yumeshima Phase 2 between late June and early July. The city aims to select a developer by winter in fiscal 2026–27 and estimates the phase will cost about JPY1 trillion; the development is intended to support MGM Osaka.
J.P. Morgan analyst Daniel Politzer said gaming stocks fell 7% in August, while the S&P 500 rose 3%. He cited several possible factors, including the Iran conflict, higher rates and sector uncertainty; Churchill Downs gained 3%, while Penn Entertainment fell 17%.