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Tag Archives: Lawrence Ho

Lawrence Ho exclusive: the past, present and future of Macau

G3 discusses the past, present and future of Macau with Lawrence Ho, the Chairman and Chief Executive Officer of Melco Resorts & Entertainment, a developer, owner, and operator of integrated resort facilities in Asia and Europe. The company currently operates Altira Macau, Taipa, Macau and City of Dreams, in Cotai, Macau. Its business also includes…

Japan – Ho hints at artificial intelligence future for Japan’s casinos

Melco Resorts Chairman and CEO Lawrence Ho believes the opportunity in Japan will see ‘artificial intelligence and technology’ create a new style of casino experience. Talking to South China Morning Post, Mr Ho said: “In our industry, there are so many legends like my father, Sheldon Adelson and Steve Wynn, they all created something. It…

Russia – Lawrence Ho reduces shareholding in Tigre de Cristal

Melco Resort’s Lawrence Ho has reduced his shareholding in Summit Ascent Holdings, developer of the Tigre de Cristal casino resort in Russia’s eastern Primorsky gambling zone, sparking speculation that he is freeing up cash to invest in the Philippines. Mr. Ho has offloaded $21.3m worth of shares last week, reducing his share in the Summit…

Georgia – Ho has high hopes of Georgian casino

Lawrence Ho, Co-Chairman of Macau-based operator Melco Crown Entertainment, is looking to open a casino in the Republic of Georgia. According to a filing to the Hong Kong Stock Exchange, Mr. Ho is hoping to secure $50m through the sale of shares in a special purpose vehicle via his Chinese lottery company MelcoLot Limited. He…

Russia – Ho increases stake in Vladivostok project

Macau casino developer Lawrence Ho is planning to raise Melco International’s stake in the casino resort development near Russia’s Vladivostok to 85 per cent. Oleg Drozdov who owns a 30 per cent share in the project will sell half his stake for $20.2mto Summit Ascent Holding and Firich Enterprises which will see Summit Ascent, of…