A large integrated resort (IR · Integrated Resort) including an open casino in Osaka, Japan will enter in 2029. On the 20th, according to Japanese media such as Kyodo News, the Japanese government finally approved the complex resort district development plan recently submitted by Osaka City. The development of a complex resort in the Kansai area is the first in 13 years since Osaka City started developing casinos in 2010, and in 5 years since the government and the LDP-led open casinos were legalized in 2018. In an interview with a media outlet on the 14th, Minister of Land, Infrastructure, Transport and Tourism Tetsuo Saito said, "As a result of thorough verification of the plan for a year, positive effects are expected to be significant in many aspects, such as securing the largest exhibition and convention center." Explained.
A bird's-eye view of the integrated resort (IR) to open in the fall of 2029 on the artificial island of Yumeshima in Kansai, Osaka, Japan. (Photo = MGM Resorts International)
10兆 investment targeting opening in the fall of 2029
Approval of the Osaka integrated resort development plan was made at high speed in a week after the local elections held on the 9th of this month. This is because a pro-casino candidate was elected as the head of a local organization in a situation where public opinion for and against the casino was sharply opposed. Osaka Governor Hirofumi Yoshimura, who led the introduction of casinos as a member of the far-right Japan Restoration Society, succeeded in re-election in this election. Former Osaka mayor Hideyuki Yokoyama, a member of the same party, was elected. Since 2013, the Japan Restoration Society has been promoting the development of a casino on the artificial island Yumeshima with former Prime Minister Shinzo Abe.
Prime Minister Fumio Kishida said at a government meeting 카지노솔루션 임대 on integrated resorts on the 14th, “The Osaka integrated resort is a future engine that will lead the economic growth of the Kansai region as well as Japan as a whole. It will play a role,” he said.
The Osaka Complex Resort will be built on the 492,000㎡ site of the artificial island of Yumeshima, where the World Expo will be held in 2025. The goal is to start construction within the year and open in the fall of 2029. 10.8 trillion yen (approximately 10.6 trillion won) for the construction of a casino open to Koreans, a five-star hotel with 2,500 rooms, an exhibition and convention center with a maximum area of 100,000 square meters (68,000 square meters for here the first stage), a multi-purpose performance hall with a capacity of 3,500 people, and a shopping mall. billion) is invested. It is five times larger than the Seoul Jamsil Sports and MICE Complex (opened in 2030), which costs 2.16 trillion won.
The establishment and operation of the integrated resort will be handled by Osaka IR KK, a joint venture established by MGM Resorts International and Orix Consortium. About 20 Japanese companies, including Panasonic, Kansai Electric Power, West Japan Railway Company, Mitsubishi UFJ and Sumitomo Mitsui Bank, are said to have participated in the consortium, in which MGM and Orix each hold a 40% stake.