Published On: Mon, Mar 6th, 2017

Melco boss confident of Japan license

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Lawrence Ho boss of Melco ready to invest in Japan whatever it takes

Lawrence Ho boss of Melco ready to invest in Japan whatever it takes

The Chairman and Chief Executive of Melco Crown Entertainment said in Beijing while attending the Chinese People’s Political Consultative Conference that he was confident his company would gain one of the licenses for a casino resort in Japan.

Lawrence Ho the boss of Macau based Melco Crown Entertainment (MCE) said, Japan is the best opportunity [for casino resort investment] outside Macau, so the competition is going to be very intense: the largest gaming and entertainment firms from around the world as well as local large-scale Japanese firms will head for it but we are still confident about it,” he said to reports.

It is understood that MCE have been working closely with officials and local businesses in Osaka and the company feel that is their ideal choice for a resort.

Recently Mr Ho said that his company would spend whatever it takes to build a resort in Japan and by doing so has raised the stakes for all international operators wanting in on what will be the second largest gambling destination outside Macau.

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- iGaming & land based specialist reporter for the global gaming market