Hornbuckle also notified MGM employees of the approval in a letter Friday. “We couldn’t be more excited to get started on the development of one of Japan’s first integrated resorts in the great city of Osaka, and we look forward to working with our partner Orix (Corp.) and Osaka Prefecture-City to realize this long-held goal.” “It is an honor to be selected by the government of Japan to develop a tourism project of this scale,” MGM Resorts CEO and President Bill Hornbuckle said in a news release. Analysts who have reviewed the company’s proposal say the resort, which is expected to open in late 2029, will cost $8.2 billion, making it one of the most expensive casino resorts ever built - and probably one of the most profitable. MGM Resorts pledged to spend up to $10 billion on the project. (John Katsilometes/Las Vegas Review-Journal) Resorts International is on track to build an estimated $10 billion casino-resort - one of the most expensive casino-resorts ever built - in Japan.Īfter a decadeslong effort, the company received the approval from Japan’s Ministry of Land, Infrastructure, Transport and Tourism to build an integrated resort with a casino, according to a Friday release. GameSense is a registered trademark of British Columbia Lottery Corporation, used under license by MGM Resorts International.MGM Resorts International CEO Bill Hornbuckle announces the company's $1 million donation to the Grant a Gift Autism Foundation-Ackerman Center jobs program at Allegiant Stadium on Saturday, Oct.

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