Inside Asian Gaming

IAG JAN 2020年1月 亞博匯 58 JAPAN MGM RESORTS The widely held perception at present is that MGM is in pole position to win Osaka’s IR favor. By far the most publicly active in recent times, the US giant has contributed to a variety of events, such as Osaka’s iconic Tenjin Festival, and has made a name for itself locally. The company’s “Osaka First” stance has translated into more of an “Osaka Only” appeal, emphasizing their single-minded ambition for Osaka. Most of all, MGM’s consortium with local firm ORIX creates a sturdy foundation for the bid. Ed Bowers, Representative Officer and CEO of MGM Resorts Japan, has stated, “The first Japanese IR must be the most modern and best in the world. For that purpose, partnerships with the local area are important. MGM and ORIX are in it to win it.” At a symposium held in October 2019, the buzz among participants was that MGM was in a particularly strong position to win selection. Asked to comment on what 2020 holds for MGM, Bowers said, “2020 will be a symbolic year for Japan in many ways. Japan will be one of the most closely watched countries in the world with the Olympic Games, but also with the nation’s steady and dynamic moves to design a whole new tourism growth model. “An IR is one of the essential components of that model, and we are humbled and excited for the opportunity to take part in the project to create the world’s best IR in Osaka.” GALAXY ENTERTAINMENT GROUP MGM may be favorite, but Galaxy Entertainment Group – operator of the hugely profitable Galaxy Macau and StarWorld IRs in Macau — has reason to feel quietly confident. Working alongside its partner Monte-Carlo Société des Bains de Mer – adding a dash of European glamor to the bid – Galaxy made a splash during the second half of 2019 as it upped the ante in Osaka while other companies withdrew altogether. It also boasts the advantage of having cash reserves its rivals can only dream of — around US$6 從2019年12月起 • 公佈運營商的申請標準及公開招標 2020年6月 • 確定施工運營商 2020年7月至10月 • 制定區域發展計劃並舉行公眾聽證會 2020年11月至12月 • 經縣、市議會同意 從2021年1月起 • 區域發展計劃提交至中央並獲認證 2021年9月至11月 • 簽訂實施協議/開始建設前營運、移交土地、開工建設 2025年4月 • 部分或全部開放於大阪夢洲的綜合度假村 FROM DECEMBER 2019 • Announcement of application criteria and public offering for operators JUNE 2020 • Selection of planned construction operator JUL TO OCT 2020 • Create district improvement plan and hold public hearing NOV TO DEC 2020 • Consent of Prefecture and City councils STARTING FROM JAN 2021 • Application and certification (national) for district improvement plan SEP TO NOV 2021 • Conclude implementation agreement/begin construction operations, handover land, start construction APRIL 2025 • Partial or full opening of the IR portion at Yumeshima, Osaka 2020年大阪IR關鍵日期 KEY 2020 DATES FOR OSAKA’S IR

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