"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, ” said Ho in comments to reporters. "But we are still confident about it, ” he added.
The Melco Crown boss had indicated at the CLSA Japan Forum 2017, an investor conference held in Tokyo last month, that the firm would "spend whatever we need to win”.
Ho noted that his firm would not in the meantime reduce its investment in Macau. He described that city as the "headquarters” of Melco Crown, and always its "best market”.
In November the firm said it expected to begin operating in 2018 a new, US$ 1-billion hotel tower with gaming at the City of Dreams casino resort in Macau.
Source: GMB / GGR Asia.com
