MGM Resorts, Japanese partner submit bid to build Osaka resort Mike Shoro, Las Vegas Review-Journal · July 22, 2021 at 2:45 pm MGM Resorts International has revived plans for a resort in Osaka, Japan, more than a year after the pandemic bumped them to the back burner. MGM and Japanese financial services company Orix Corp. have submitted a proposal to Osaka government officials to build an integrated resort together, according to Securities and Exchange Commission documents submitted Wednesday. The proposal is MGM’s first official bid to achieve its goal of opening what would be the first gambling casino in Japan. The proposal indicates the two companies expect to spend a trillion yen, or about $9 billion, on the project, The Wall Street Journal reported Wednesday. MGM confirmed the company submitted a proposal to build a resort on the artificial island of Yumeshima but declined to confirm the expected price tag and other details.