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 doesn’t feel that Tokyo should be the recipient of the two casino licenses likely to be granted by the National Diet later this year.

Billionaire Lawrence Ho would like 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, 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 when people ask me personally, ‘Do you imagine brand New York and London need a resort that is integrated’ No, they don’t really.’

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

Ho is the son of Stanley Ho, who 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 check out develop and develop cities that are new. That is why he favors Osaka over Tokyo.

He believes Tokyo’s massive size, which is the monetary and governmental hub regarding the nation and ho Lire la suite