Melco-Crown Entertainment to Invest USD 5 Billion in Japan Casino

Written by:
Aaron Goldstein
Published on:
Sep/28/2013
Melco-Crown Entertainment to Invest USD 5 Billion in Japan Casino

Melco-Crown Entertainment, a joint venture between Macau casino tycoon Lawrence Ho and Australian gambling billionaire, James Packer, has announced plans to invest US$5 billion into a new casino resort in Japan.

Speaking to Bloomberg News, Ho state: "If Japan opens up and allows integrated resorts in Tokyo, Osaka, the market could easily be in excess of $10 billion to $15 billion or more."

US-based casino operators Wynn Resorts and MGM are also seeking to expand its casino empire in Japan.

Japan has long been touted as an attractive gaming market with a large and relatively rich population base, Bloomberg News noted.

- Aaron Goldstein, Gambling911.com

 

 

Gambling News

Exploring the Best Online Casinos in Australia

Explore the world of internet gambling with the help of a well chosen guide written by gaming enthusiasts. This in-depth investigation examines the best Aussie gamers can play at online casinos, all of which have been screened for game selection, security, customer support, and special offers.

Syndicate