MGM Osaka Casino could be the catalyst for long-term growth

The first casino-resort in Japan will be located in Osaka, the Japanese government finally announced on Friday after several years of anticipation.The gaming company's stock ended the week somewhat higher, indicating that the rumors that appeared before the Osaka gaming facility received official clearance had some merit. From here, it might take some time before Japan has a significant impact on MGM shares, but experts anticipate that day will come.The operator faces the possibility that it may take several years after making the initial financial investment before the Osaka integrated resort generates cash flow, which means MGM won't probably see returns right away. On the other hand, Osaka might benefit MGM in the long run while expanding the company's global reach.
 
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