Melco Resorts owner Lawrence Ho doesn’t feel that Tokyo ought to be the recipient of the two casino licenses anticipated to be issued by the National Diet later this year.
Billionaire Lawrence Ho would like to get his hands on one of Japan’s two casino licenses, but hopes to do so in Osaka.
Talking with Bloomberg this week, Ho opined that the entire world’s most metropolis that is populatedn’t need a casino to attract people. Instead, the 40-year-old, well worth an estimated $2 billion, stated he believes a populous town such as Osaka makes more sense for Japan.
‘Tokyo on it’s own is amazing. It is like when people ask me personally, ‘Do you believe New York and London need an integrated resort?’ No, they do not.’
Final December, Japan authorized commercial gambling at integrated resorts. The country’s legislative body is now tasked with writing another, more bill that is comprehensive address a bunch of issues, such as for instance the amount of gaming licenses and the allowable locations.
Ho is the son of Stanley Ho, who held a gaming monopoly on Macau for 40 years until the very early 2000s. Today, Melco has a few properties in Macau City of desires.
Ho is under the impression that Japan should check out develop and develop new towns. That is why he favors Osaka over Tokyo.
He thinks Tokyo’s massive size, which is the economic and political hub for the country and house to a Continue reading « Melco Resorts Owner Lawrence Ho Prefers Osaka Over Tokyo for Casino Destination »