MGM's $10B Japan Integrated Resort to Boost Share Value by $31 at 2030 Opening

MGM's $10B Japan Integrated Resort to Boost Share Value by $31 at 2030 Opening

MGM Resorts International’s ambitious US$10 billion integrated resort project in Japan is poised to significantly boost shareholder value, according to a recent analysis by Inside Asian Gaming (IAG). Scheduled to open in 2030, the sprawling development is projected to add approximately US$31 per share to MGM’s valuation, underscoring the lucrative potential of Japan’s newly liberalized gaming market. As the company advances its plans amid growin…

MGM’s US$10 billion Japan integrated resort could add US$31 per share in value upon opening in 2030

MGM Resorts International’s Japan integrated resort project could add US$31 per share to the company’s value upon opening in 2030, according to latest analysis by J.P. Morgan, reflecting a modest estimate of US$1.5 billion in annualized EBITDA and over US$600 million in free cash flow. The US$10 billion MGM Osaka could also be worth US$19 per share today on a discounted basis, although the fact that opening is still four years away – beyond many…