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 recipient of the two casino licenses anticipated to be issued by the National Diet later this year.

Billionaire Lawrence Ho really wants to get their hands on one of Japan’s two casino licenses, but hopes to achieve this in Osaka.

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

‘Tokyo on it’s own is amazing. It is like whenever people ask me, ‘Do you might think brand New York and London need a resort that is integrated’ No, they do not.’

Last December, Japan authorized gambling that is commercial 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 example how many gaming licenses and the allowable locations.

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

Making Macau

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

He believes Tokyo’s massive size, which may be the financial and governmental hub of t Continue reading Melco Resorts Owner Lawrence Ho Prefers Osaka Over Tokyo for Casino Destination