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MGM Plans $2 Billion in Osaka Funding Over 2027 and 2028

The company also plans continued share repurchases and has $1.4 billion remaining under its buyback authorization.

Tower cranes rise above the Osaka resort construction site / TokenPost.ai
Tower cranes rise above the Osaka resort construction site / TokenPost.ai

MGM Resorts International plans to allocate $1 billion to its Osaka project in each of 2027 and 2028, for a planned total of $2 billion over the two years.

The capital plan includes continued share repurchases. MGM has $1.4 billion in remaining capacity under its share repurchase authorization.

MGM has described its liquidity as ample and its near-term debt maturities as manageable.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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