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MGM Believes Japan Casino Could Compete with Marina Bay Sands on Profitability
MGM Resorts International believes its under-construction MGM Osaka integrated resort could eventually match the profitability of Las Vegas Sands’ Marina Bay Sands in Singapore. Executives are investing heavily, betting on Japan’s large population, proximity to major Chinese cities, and existing gaming culture to make it a highly successful casino market, potentially even larger than Singapore. CEO Bill Hornbuckle suggests the company’s “meaningful business” in Japan could leverage these factors for significant cash flow.