Osaka releases further details on MGM Resorts International casino proposal
A little over a week after selecting the consortium being led by MGM Resorts International to serve as the preferred operating partner for its tilt at securing an integrated casino resort license and the Japanese city of Osaka has reportedly released further details concerning the winning proposition.
According to a report from Inside Asian Gaming, the community of approximately 2.7 million people revealed that the syndicate secured the win after its request for proposal bid racked up 788.5 of the possible 1,000 points available under its scoring system. However, the source detailed that this proposition was the sole scheme up for consideration after earlier potential runners including the likes of Galaxy Entertainment Group Limited, Las Vegas Sands Corpo…
Read morePeninsula Pacific Entertainment and Linn County Gaming Association Prepare for Iowa Casino License Application
Peninsula Pacific Entertainment (P2E) and the Linn County Gaming Association (LCGA) have announced their intention to jointly apply for a gaming license with the Iowa Racing and Gaming Commission (IRGC) following the expiration of a two-year state moratorium on new gaming licenses, set to conclude on June 30.
The initiative, named Cedar Crossing, marks a significant development in the prolonged effort to establish a casino in Linn County, Iowa.
A long-awaited opportunity:
Historically, the IRGC has twice rejected proposals for a Linn County casino, citing concerns about market saturation and potential revenue cannibalization from existing casinos. However, with new commission members in place, there is optimism for a favorable reconsiderati…
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