MGM Osaka will begin construction of its main resort structure in April 2025, marking a significant milestone in Japan's first integrated resort casino development. The JPY1.27 trillion (US$8 billion) project is a joint venture between MGM Resorts International and Orix Corporation.

Site preparation on Yumeshima Island began in late 2023, with workers installing steel beams extending over 200 feet to reach bedrock, necessary for strengthening the artificial island's foundation. The development spans approximately 52 acres.

The ownership structure comprises:

• MGM Resorts International: 42.5%
• Orix Corporation: 42.5%
• Japanese companies (including Panasonic, Kansai Electric, and West Japan Railway): 15%

The resort will feature:

• 2,500 hotel rooms
• Casino floor (3% of total indoor space)
• 3,500-seat theater
• Convention center
• Shopping mall
• Spa and fitness center
• Tourism promotion facility
• Approximately 200 table games and 2,000 slot machines (expected)

Located on Yumeshima, one of three artificial islands constructed by the Osaka government in the 1980s, the project represents a major transformation for the area, which previously served primarily as a logistics center. MGM Osaka received its official gaming license in April 2023, becoming Japan's first and only approved casino resort.

The project aims for completion by 2030, with MGM CEO Bill Hornbuckle stating their vision is to bring MGM's "wow DNA from Las Vegas to Osaka and build a resort that will be a source of great pride in the community."

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