Osaka Is Better Choice for Casino Than Tokyo: Melco’s Ho
Lawrence Ho, the billionaire owner of Melco Resorts & Entertainment Ltd., said he favors building a casino in Osaka rather than Tokyo because there are more opportunities to develop the smaller Japanese city as an entertainment destination.
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 liberalization a priority, hasn’t decided where those casinos will be built nor which companies will operate them.
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