The company is investing billions of dollars in a new casino in Osaka, Japan. It will also help MGM expand internationally. The two deals, which are expected to close this year, will help MGM Resorts collect cash – a buffer as the global economy slows. India's biggest hotel chain is moving into Las Vegas. OYO Hotels & Homes announced that they have partnered with hotel investment and management company Highgate to renovate and rebrand the off-Strip 657-room property as the OYO Hotel & Casino Las Vegas by the end of the year. The marquee at the Hooters Casino Hotel is shown on Augin Las Vegas, Nevada.
