• Subscribe
  • Magazines
  • About
  • Contact
  • Advertise
Tuesday 9 September 2025
  • zh-hant 中文
  • ja 日本語
  • en English
IAG
Advertisement
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
No Result
View All Result
IAG
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
No Result
View All Result
IAG
No Result
View All Result

Osaka City Audit Committee issues mixed response to citizen’s group arguing illegality in construction of MGM’s IR

Newsdesk by Newsdesk
Mon 12 Aug 2024 at 05:30
The Japan IR Industry: A Golden Opportunity Squandered

An artist’s impression of MGM Resorts’ Osaka IR.

22
SHARES
554
VIEWS
Print Friendly, PDF & Email

Osaka’s audit committee has refuted a claim by a citizen’s group that development of an integrated resort on Yumeshima Island should be halted because operator MGM Resorts was not currently paying rent.

However, the committee noted that care must be taken during construction to allay resident concerns after committee members were split on whether the construction company carrying out liquefaction measures on the site was legally selected.

According to a report by the Japan Broadcasting Corporation (NHK), Osaka City Audit Committee announced the results of an audit into the IR development following a request from a citizen group in June to terminate the contract and agreement with MGM Resorts. The group argued that the city has not received rent for the land despite the construction being carried out, and that it is illegal to select a construction company through a discretionary contract.

As previously reported by Inside Asian Gaming, preparatory work on the 21-hectare Yumeshima site began late last year via concrete being poured into the ground to prevent liquefaction and firm up the base on land upon which MGM’s IR will be developed. The liquefaction measures are expected to continue throughout the upcoming Osaka Expo in 2025 and be completed by April 2027 at a cost of JPY25.5 billion ($173 million).

In response to the request, the audit committee dismissed the land rent as not being illegal but said opinion was split on the selection of the construction company. NHK reported that two committee members determined there was no illegality as the order was placed by a private company, while two others said illegality cannot be eliminated as the project is essentially a public work, and that recommendations should be made to ensure sufficient fairness.

While the committee opted against taking any action, it stated, “Care should be taken to handle the construction so as not to cause doubts or suspicions among citizens.”

The latest development comes just weeks after the international organizer of the World Expo asked Osaka officials to demand construction of Osaka’s IR be halted for around six months next year due to concerns around noise and visuals during the long-awaited expo.

RelatedPosts

Travellers Group set to take majority equity position in development of Manila’s LETX hotel and casino to pave completion roadmap, planned to become operator upon launch 

Suntrust begins process of transferring control of Manila’s LETX project to Travellers by acquiring shares in new entity

Thu 4 Sep 2025 at 12:02
Casinos remain closed as Goa extends lockdown measures for one week

Delta Corp puts Goa integrated resort project on hold pending resolution of crippling tax claims

Thu 4 Sep 2025 at 06:06
10 Years Ago: Next Stop Japan

Osaka-based forum to study the potential impact of MGM’s Japan IR on Korea’s casino industry

Wed 27 Aug 2025 at 05:40
Vietnam asks PM to grant approval for US$2 billion Van Don casino development in Quang Ninh province

Local developer Sun Group approved to develop new US$2 billion integrated resort with locals gaming in Quang Ninh Province

Mon 18 Aug 2025 at 12:33
Load More
Tags: auditintegrated resortJapanMGM ResortsOsakaYumeshima
Share9Share2
Newsdesk

Newsdesk

The IAG Newsdesk team comprises some of the most experienced journalists in the Asian gaming industry. Offering a broad range of expertise, their decades of combined know-how spans multiple countries across a variety of topics.

Current Issue

Editorial – Flipping the script

Editorial – Flipping the script

by Ben Blaschke
Thu 28 Aug 2025 at 12:30

This month represents an important milestone for Inside Asian Gaming as we launch IAG EXPO – an expansion of the...

Asia market roundup

Asia market roundup

by Ben Blaschke
Thu 28 Aug 2025 at 12:26

Inside Asian Gaming takes a deep dive into the state of Asia-Pacific’s key gaming markets: who’s hot, who’s not and...

Rewriting the rules

Rewriting the rules

by Newsdesk
Thu 28 Aug 2025 at 11:43

IAG EXPO, taking place at Newport World Resorts from 8 to 10 September, is not your usual trade show. IAG...

Test of character

Test of character

by Newsdesk
Thu 28 Aug 2025 at 11:28

Since its establishment in 1989, Gaming Laboratories International (GLI) has developed into the world’s most trusted name when it comes...

Evolution Asia
Your browser does not support HTML5 video.
Aristocrat
GLI
Nustar
SABA
Mindslot
Solaire
Hann
Tecnet
NWR
NWR

Related Posts

Light & Wonder sets new US$2 billion Adjusted EBITDA target for 2028

Light & Wonder becomes first accredited Philippines iGaming content supplier and aggregator, readying for launch

by Ben Blaschke
Mon 8 Sep 2025 at 21:41

Global gaming supplier Light & Wonder is preparing to officially launch its iGaming offering into the Philippines after becoming the first international accredited systems aggregator and game content provider licensed by PAGCOR. Upon launch, the Philippines will become the 47th...

PAGCOR chair Tengco says eGames surge reflects broader consumer shift to online technologies which can’t be halted by ban

PAGCOR chair Tengco says eGames surge reflects broader consumer shift to online technologies which can’t be halted by ban

by Ben Blaschke
Mon 8 Sep 2025 at 21:40

The Chairman and CEO of Philippine gaming regulator PAGCOR has reiterated the agency’s support for a legal and regulated online gambling industry, warning that recent moves to implement a total ban won’t halt the rapid growth of technology around the...

IAG Spot Count: Macau satellite and 2nd tier casinos keep chugging along

Macau GGR showing signs of seasonal slowdown in September

by Ben Blaschke
Mon 8 Sep 2025 at 21:36

Macau’s gross gaming revenues are estimated to have hit MOP$4.45 billion in the first seven days of September at a run-rate of MOP$635 million per day, representing an 11% decline compared with July and August according to JP Morgan analysts....

Entain looking to sell Australian pub poker and trivia business

Entain looking to sell Australian pub poker and trivia business

by Newsdesk
Mon 8 Sep 2025 at 21:34

Global gaming group Entain is reportedly looking to sell its Australian venues business, comprising market leading pub poker provider Australian Poker League (APL) and a booming trivia arm. The Australian Financial Review said Monday that Entain has issued preliminary sales...

Your browser does not support the video tag.


IAG

© 2005-2025
Inside Asian Gaming.
All rights reserved.

  • SUBSCRIBE FREE
  • NEWSFEED
  • MAG ARTICLES
  • VIDEO
  • OPINION
  • TAGS
  • REGIONAL
  • EVENTS
  • CONSULTING
  • CONTRIBUTORS
  • MAGAZINES
  • ABOUT
  • CONTACT
  • ADVERTISE

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Subscribe
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
  • Events
  • Contributors
  • Magazines
  • Advertise
  • Contact
  • About
  • Home for G2E Asia

© 2005-2025
Inside Asian Gaming.
All rights reserved.

  • English