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Osaka abandons plan to open IR before 2025 World Expo amid COVID-19 delays

Tomo Yamamoto by Tomo Yamamoto
Mon 30 Mar 2020 at 04:20
Osaka, Hokkaido election results prove positive for IR development hopes
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Osaka city and prefecture have abandoned plans to open an integrated resort in time for the 2025 World Expo after being forced to postpone the operator selection process and transfer of land by up to six months due to the impact of COVID-19.

Officials announced on Friday that the delay was primarily due to current restrictions on international travel, including between Japan and the United States – home of Osaka’s only current operator candidate, MGM Resorts. MGM and its local partner ORIX were the only consortium to submit an application to bid for an Osaka IR earlier this year following the withdrawal of Galaxy Entertainment Group and Genting Singapore.

Osaka had previously requested the bid be submitted by April 2020 with the final decision to be made by a selection committee around June, but both of these processes will now be extended by three months. A final decision on the city and prefecture’s operator partner is now expected by September at the earliest.

Yumeshima Island

The handover of the land on Yumeshima was supposed to happen in the autumn of 2021 but is now expected in the Spring of 2022, around six months later.

Osaka has subsequently confirmed that opening an IR before the start of the 2025 World Expo is no longer being considered, although the policy of a full opening by the end of 2026 has not changed.

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Tags: 2025 World ExpoCoronaviruscovid-19irJapanMGM Resorts InternationalMGM resorts JapanOrixOsakaosaka prefecture
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Tomo Yamamoto

Tomo Yamamoto

Born in Okayama, Japan in 1964, Tomo has covered horse racing, professional baseball, golf, boxing and more in his role as a sports writer. He first encountered casinos before Macau was returned to China in 1999. He has traveled to South Korea and Manila to cover events and scope out the local scene. He has studyied “How to get along with casinos,” a topic he learned of from Osaka University of Commerce.

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