Melco Resorts owner Lawrence Ho does not 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 his hands on certainly one of Japan’s two casino licenses, but hopes to do so in Osaka.
Talking with Bloomberg this week, Ho opined that the world’s many populated metropolis doesn’t need a casino to attract people. Instead, the 40-year-old, well worth an estimated $2 billion, said he believes a populous city 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 would imagine brand New York and London need a resort that is integrated’ No, they don’t.’
Final December, Japan authorized commercial gambling at integrated resorts. The nation’s legislative body is now tasked with writing another, more bill that is comprehensive address a number of issues, such as for example the amount of 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.
Ho is under the impression that Japan should check out develop and grow cities that are new. That’s why he favors Osaka over Tokyo.
He believes Tokyo’s massive size, which is the monetary and political hub regarding the c Continue reading “Melco Resorts Owner Lawrence Ho Prefers Osaka Over Tokyo for Casino Destination”