21 Dukes Casino

Melco Resorts Owner Lawrence Ho Prefers Osaka Over Tokyo for Casino Destination

Melco Resorts Owner Lawrence Ho Prefers Osaka Over Tokyo for Casino Destination

Melco Resorts owner Lawrence Ho does not feel that Tokyo must be the receiver of the two casino licenses expected to be released by the National Diet later this year.

Billionaire Lawrence Ho desires to get his hands on certainly one of Japan’s two casino licenses, but hopes to achieve this in Osaka.

Talking with Bloomberg this week, Ho opined that the entire world’s most populated metropolis doesn’t need a casino to attract individuals. Instead, the 40-year-old, well worth an estimated $2 billion, stated he believes town such as Osaka makes more sense for Japan.

‘Tokyo by itself is amazing. It’s like when people ask me, ‘Do you think brand New York and London need a resort that is integrated’ No, they do not.’

Final December, Japan authorized commercial gambling at integrated resorts. The country’s legislative body is currently tasked with writing another, more bill that is comprehensive address a bunch of concerns, such as for instance the amount of gaming licenses and the allowable places.

Ho is the son of Stanley Ho, whom held a gaming monopoly on Macau for 40 years before the very early 2000s. Today, Melco has several properties in Macau City of desires.

Making Macau

Ho is under the impression that Japan should look to develop and grow cities that are new. That is why he favors Osaka over Tokyo.

He thinks Tokyo’s massive size, which is the economic and political hub associated with nati Read More

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