Macau tycoon favours Osaka over Tokyo for casino
"We're a company that focuses on fun and entertainment," says Lawrence Ho
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Hong Kong
LAWRENCE Ho, the billionaire owner of Melco Resorts & Entertainment, said he favours building a casino in Osaka rather than Tokyo because there are more opportunities to develop the smaller Japanese city as an entertainment destination.
Mr Ho is among the industry heavyweights seeking entry to Japan after lawmakers voted in December to open the country to casino gambling. The government of Prime Minister Shinzo Abe, which made casino liberalisation a priority, hasn't decided where those casinos will be built nor which companies will operate them.
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