• About Us
  • The Team
  • Advertise with Us

The latest news on the gaming industry in Asia

() () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()
  • Home
  • Macau
  • Philippines
  • Singapore
  • Japan
  • Rest of Asia
  • World
  • Industry Talk
  • Trends & Tech
  • iGaming
  • follow
    • Facebook
    • Twitter
    • RSS Feed
    • LinkedIn

Lawrence Ho expects Japan casino licence bid to start 2019

Mar 12, 2018 Newsdesk Japan, Latest News, Macau, Top of the deck  


Lawrence Ho expects Japan casino licence bid to start 2019

Lawrence Ho Yau Lung (pictured), chairman and chief executive of Asian casino developer Melco Resorts and Entertainment Ltd, says he expects the bidding process for a Japan casino licence to take place in 2019 to 2020, if that country’s parliament approves the Integrated Resorts (IR) Implementation Bill by the middle of this year.

“If by mid-year they [Japan parliament] can pass the bill, that will really kick start the bidding process…in 2019 to 2020, they will be able to have the bidding process to decide who is the winner,” Mr Ho told Hong Kong’s radio station RTHK in an interview. He was speaking on the sidelines of a meeting of China’s People Political Consultative Conference in Beijing.

“Aside from Macau, Japan should be the best market – especially due to its population size; the fact that Chinese tourists love going there and that Japan is a special country,” the Melco Resorts executive added.

Melco Resorts revealed in November in Tokyo its concept for a gaming resort it would like to build in Japan. The firm however did not specify at the time in which Japanese city such a resort might be developed..

Lawmakers from Japan’s majority governing group, the Liberal Democratic Party (LDP), are to press the national government to speed up the relevant casinos legislation, so that a venue or venues can open before the year 2025. The governing coalition – which includes the Buddhist-influenced party Komeito – is making efforts to submit the bill to parliament soon, with mid-April the absolute deadline if there is to be a chance of passing it in the current session of parliament, which is due to end on June 20.

Speaking to RTHK, Mr Ho said additionally that the opening of Morpheus – the fifth hotel tower at flagship property City of Dreams Macau – would be a “catalyst” to Melco Resorts, which is focusing on the mass market segment.

The US$1-billion Morpheus will feature approximately 780 hotel rooms, suites and villas, and will have space for premium mass gaming tables, according to previous company announcements. The new hotel tower is scheduled to open before the end of the second quarter this year.


  • tweet
Related articles
  • APE installs Konami slots at City of Dreams, Mocha Clubs
    APE installs Konami slots at City of...

    Jun 08, 2022  

  • Studio City new attraction for families open June 30
    Studio City new attraction for families...

    Jun 07, 2022  

More news
  • Four Seasons Macao shops paused on Covid cases
    Four Seasons Macao shops paused on...

    Jul 04, 2022  

  • Paradise Co 1H casino rev down 10 pct y-o-y
    Paradise Co 1H casino rev down 10 pct...

    Jul 04, 2022  


Latest News

Four Seasons Macao shops paused on Covid cases

Four Seasons Macao shops paused on Covid cases

Jul 04, 2022  

All outlets at the Shoppes at Four Seasons, a mall in one of casino operator Sands China Ltd’s Cotai properties (pictured), have been shut temporarily amid the alert over a growing number of...
Read More
Paradise Co 1H casino rev down 10 pct y-o-y

Paradise Co 1H casino rev down 10 pct y-o-y

Jul 04, 2022  

Fresh hotel, branded New World opens at Hoiana in Vietnam

Fresh hotel, branded New World opens at Hoiana in Vietnam

Jul 04, 2022  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day


US$310 million

Macau casino gross gaming revenue tally in June



Most Popular

  • Macau due 3 new rounds of Covid tests, more than 850 casesMacau due 3 new rounds of Covid tests, more than 850… July 4, 2022
  • Macau ops all likely had negative 2Q EBITDA: JP MorganMacau ops all likely had negative 2Q EBITDA: JP Morgan July 4, 2022
  • Four Seasons Macao shops paused on Covid casesFour Seasons Macao shops paused on Covid cases July 4, 2022
  • Macau tells casinos cut on-duty staff by 90pct: reportsMacau tells casinos cut on-duty staff by 90pct: reports July 1, 2022
  • Macau monthly GGR for June worst since Sept 2020Macau monthly GGR for June worst since Sept 2020 July 1, 2022
Copyright 2014-2022 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us