“It is an honor to be selected by the government of Japan to develop a tourism project of this scale,” MGM Resorts CEO and President Bill Hornbuckle said in a news release.

Analysts who have reviewed the company’s proposal say the resort, which is expected to open in late 2029, will cost $8.2 billion, making it one of the most expensive casino resorts ever built - and probably one of the most profitable. MGM Resorts pledged to spend up to $10 billion on the project. (John Katsilometes/Las Vegas Review-Journal) Resorts International is on track to build an estimated $10 billion casino-resort - one of the most expensive casino-resorts ever built - in Japan.Īfter a decadeslong effort, the company received the approval from Japan’s Ministry of Land, Infrastructure, Transport and Tourism to build an integrated resort with a casino, according to a Friday release. MGM Resorts International CEO Bill Hornbuckle announces the company's $1 million donation to the Grant a Gift Autism Foundation-Ackerman Center jobs program at Allegiant Stadium on Saturday, Oct.