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Osaka is the preferred destination for Sands and MGM. But with only one casino per prefecture, companies will presumably develop several plans to best their odds of being selected by a local government.<\/p>\n<\/div>\n
In Wakayama, the prefecture is seeking an advisory firm “to offer specialist knowledge of the financial, budgetary, legal, and technical aspects in order to assist this prefecture in obtaining certification from the central government.” Wakayama will host an IR event later this month, and several casino operators \u2013 most notably Galaxy Entertainment \u2013 are expected to attend.<\/p>\n
A sponsor of the event is the Solaire Resort & Casino, which is owned by the Philippines government through its Philippine Gaming and Amusement Corporation.<\/p>\n","protected":false},"excerpt":{"rendered":"
Officials in the Osaka prefecture and capital city say interested casino operators hoping to bid with the region for one of the three federal integrated resort (IR) licenses will need a capital investment of $8.5 billion. The “Osaka IR Fundamentals Plan,” released this week by the local government, details specifics on what precisely the urban […]<\/p>\n","protected":false},"author":25,"featured_media":98159,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,13592],"tags":[],"acf":[],"yoast_head":"\n
Osaka Prefecture Officials Say Interested IR Operators Will Need $8.5B<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n