Melco Resorts owner Lawrence Ho does not feel that Tokyo should be the receiver of the two casino licenses likely 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 many metropolis that is populatedn’t require a casino to attract individuals. Instead, the 40-year-old, well worth an estimated $2 billion, stated he believes a populous town such as for example Osaka makes more sense for Japan.
‘Tokyo by itself is amazing. It is like when individuals ask me personally, ‘Do you think brand New York and London need a resort that is integrated’ No, they don’t.’
Last December, Japan authorized commercial gambling at integrated resorts. The nation’s legislative body is currently tasked with writing another, more comprehensive bill that address a bunch of issues, such as the amount of video gaming licenses and the allowable locations.
Ho could be 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 Dreams.
Ho is under the impression that Japan should turn to develop and grow brand new cities. That is why he favors Osaka over Tokyo.
He thinks Tokyo’s massive size, which could be the monetary and politi Continue reading Melco Resorts Owner Lawrence Ho Prefers Osaka Over Tokyo for Casino Destination