The construction of the integrated resort (IR) MGM Osaka kicked off on Thursday, April 24th, in Osaka, at a location adjacent to the 2025 World Expo venue.“This would be Japan’s first IR. We’d like to bring economic growth to Osaka and Japan,” Osaka Governor Hirofumi Yoshimura stated during the groundbreaking ceremony hosted by the project’s operator, Osaka IR KK, according to Kyodo News.Source: https://agbrief.com/news/japan/24/04/2025/construction-of-10b-mgm-osaka-begins/The total investment is projected at up to JPY1.6 trillion ($10 billion), positioning it among the world’s most expensive integrated resorts. According to planning documents, the facility will feature 2,500 hotel rooms, a shopping mall, a 3,500-seat theater, spa and fitness center, convention facilities, and diverse dining and entertainment options. Japanese law limits the gaming floor to 3 percent of the total indoor space. The project has already secured a $3.4 billion loan as part of its financing.