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Sunday, August 24, 2014

MGM Eyeballing Tsukiji Fish Market Site For Future Casino

Above, an inside view of the current Tsukiji Fish Market. Photo by Armand Vaquer.

The Tsukiji Fish Market in Tokyo is currently planning to relocate its operations in 2016. As of now, no decision has been made on the 57 acres of land the fish market now occupies.

Several buyers have expressed interest in buying the location. One potential company has its eyes on the site: MGM Resorts International is looking at the site for a potential casino.

The Japanese legislature is expected to pass a casino-legalization bill during this year's fall session.

According to Casino.org:
MGM Resorts International, like most of their competitors, would love to build a casino in Japan. 
And if you’re going to build there, then the most lucrative city for a casino would have to be Tokyo. 
The only disadvantage to placing a casino in the nation’s largest city is the cost of building there, as finding available space is difficult and expensive. 
But it looks like MGM might have found a potential site that could become available in the near future. 
According to Bloomberg News, two sources familiar with MGM’s plans in Japan say that the company has scouted the Tsukiji fish market as a potential home for a casino resort in Tokyo.
Tokyo officials have been looking at Odaiba as a more suitable location for a casino resort.

Read more: http://www.casino.org/news/mgm-tokyo-fish-market-site#ixzz3BILgCn8f

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