Osaka casino less than 2 percent of IR floor area: MGM’s Murren

James Murren, chairman and CEO of MGM Resorts International revealed that his company envisions building a relatively small casino that would be less than 2 percent of his proposed IR’s total floor area.

Music, sports, and other entertainment facilities would dominate an MGM IR in Yumeshima.

“Osaka has two airports,” Murren added, “and it has a wonderful railway network as well. Visitors can travel to Kyoto, Nara, and the Seto Inland Sea. Considering Osaka’s economic scale, we could build a very large IR here.”

As he has done for at least half a year, Murren again emphasized that MGM contemplates a “Japanese-led” IR consortium, though precisely what that signifies remains to be clarified.