Las Vegas-based MGM Resorts International has indicated it could invest up to US$10 billion in a Japanese casino via a publicly traded real estate investment trust.
Chief executive James Murren said MGM would, if the opportunity arose, invest in an “integrated resort” - a large-scale project combining casinos with hotels, shopping and conference space - in Tokyo, Yokohama or Osaka.
Casinos are currently banned in Japan, but changes in the political mood have increased the chances of their legalisation.
Rival operators keen to enter the market include Las Vegas Sands Corp, which has previously indicated it would invest in Japan.