Melco Resorts owner Lawrence Ho doesn’t feel that Tokyo should be the receiver of the two casino licenses expected to be issued by the National Diet later this year.
Billionaire Lawrence Ho wants to get his hands on one of Japan’s two casino licenses, but hopes to do this in Osaka.
Talking with Bloomberg this week, Ho opined that the entire world’s many populated metropolis doesn’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 Osaka makes more sense for Japan.
‘Tokyo on it’s own is amazing. It’s like whenever people ask me personally, ‘Do you believe New York and London need a resort that is integrated’ No, they don’t.’
Final December, Japan authorized gambling that is commercial integrated resorts. The nation’s legislative body is currently tasked with writing another, more comprehensive bill that address a number of concerns, such as for instance the amount of gaming licenses and the allowable locations.
Ho could be the son of Stanley Ho, whom held a gaming monopoly on Macau for 40 years until the early 2000s. Today, Melco has several properties in Macau City of desires.
Ho is under the impression that Japan should turn to develop and grow cities that are new. That is why he favors Osaka over Tokyo.
He thinks Tokyo’s massive size, which may be the monetary and governmental hub Continue reading Melco Resorts Owner Lawrence Ho Prefers Osaka Over Tokyo for Casino Destination