By Megumi Fujikawa

The governor of Japan's Osaka Prefecture said Wednesday that MGM Resorts International and Orix Corp. submitted a plan to spend 1 trillion yen ($9.10 billion) to build a casino resort in Osaka.

The city and prefecture of Osaka will examine the proposal until September and submit an application to the national government by the April 2022 deadline, Hirofumi Yoshimura said at a press conference on Wednesday.

If Osaka is selected as a location for a casino resort, it will likely open in the latter half of the 2020s, Mr. Yoshimura added.

Write to Megumi Fujikawa at megumi.fujikawa@wsj.com

(END) Dow Jones Newswires

July 21, 2021 02:14 ET (06:14 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.
MGM Resorts (NYSE:MGM)
Gráfico Histórico do Ativo
De Jun 2024 até Jul 2024 Click aqui para mais gráficos MGM Resorts.
MGM Resorts (NYSE:MGM)
Gráfico Histórico do Ativo
De Jul 2023 até Jul 2024 Click aqui para mais gráficos MGM Resorts.