As Asian Gaming Brief (AGB) reports, the analysts of financial service company Morningstar estimate that the $10 billion Osaka resort operated by casino giant MGM has the potential to outperform Las Vegas Sands’ Singapore and Venetian Macau facilities early in the next decade. As reported by AGB, the Osaka integrated resort may generate more than $4 billion in revenue by early 2030s to exceed the revenue levels of $3 billion and $4 billion respectively generated by Sands Singapore and Venetian Macau.
Dan Wasiolek, senior equity analyst at Morningstar, told the source that Osaka has recorded over 12 million international visits before the pandemic and expects the new development to attract even more Western and Chinese visits. Wasiolek reportedly said: “This view is buoyed by the resort’s proximity to Osaka’s airport and business center, which should be enhanced by new transportation infrastructure.”
Dan Wasiolek, senior equity analyst at Morningstar, told the source that Osaka has recorded over 12 million international visits before the pandemic and expects the new development to attract even more Western and Chinese visits. Wasiolek reportedly said: “This view is buoyed by the resort’s proximity to Osaka’s airport and business center, which should be enhanced by new transportation infrastructure.”