Tag Archives: Lawrence Ho
- Lawrence Ho unloads $21.3M shares in Summit Ascent
September 15, 2017
Chinese casino mogul Lawrence Ho has reduced his stake in the company that runs the Tigre de Cristal casino resort in Russia's Far East. In a regulatory filing, Ho informed the Hong Kong Stock Exchange last week that he is unloading 8.31 percent of his shares in Summit Ascent Holdings...
- Melco Resorts eyeing PAGCOR’s 17 casinos
September 13, 2017
Hong Kong-listed casino operator Melco Resorts & Entertainment has expressed its interest in acquiring the Philippine Amusement and Gaming Corporation's (PAGCOR) casinos once the Philippine government decides to put them on sale. Macau Business Daily reported that Melco is reportedly on the prowl for PAGCOR's casinos, which the government intends...
- Lawrence Ho slams Crown for aggressive China marketing
May 31, 2017
Macau casino boss Lawrence Ho has criticized his former joint venture partner James Packer’s company Crown Resorts for its aggressive marketing to high-rolling gamblers in China. In an interview with the Financial Times published late Tuesday, the Melco Resorts & Entertainment CEO said the 18 Crown staffers arrested last October...
- 500.com makes play to acquire China lottery tech firm MelcoLot
May 29, 2017
Online sports lottery technology provider 500.com has made a play to acquire land-based lottery technology firm MelcoLot Ltd. in a bid to diversify its revenue stream. On Monday, the Shenzhen-based, Nasdaq-listed 500.com announced that it had reached a share purchase agreement with Melco LottVentures Holdings Ltd, a subsidiary of Melco...
- Melco’s Ho prefers Osaka casino over Tokyo
If the Macau billionaire has it his way, Lawrence Ho would prefer to build a casino in Osaka than in Tokyo. Ho, who owns Melco Resorts & Entertainment Ltd., believes that smaller Japanese cities like Osaka are packed with more opportunities as entertainment destinations than Tokyo. Japan has not yet...
- Bullish Ho predicts Macau gambling industry to bounce back to 2013 peak
May 2, 2017
The double-digit growth of Macau casinos’ gaming revenue is bringing a sense of nostalgia to Melco Resorts & Entertainment Ltd chief executive officer Lawrence Ho, bringing him back to the good old days of 2013. Macau enjoyed a robust and vibrant gambling business that year, raking in US$45 billion in...
Dragon Corp. wants to bring blockchain to Macau’s casino floors
September 25, 2017
Parisian Macao battling Legionnaires’ Disease outbreak
April 25, 2017
Macau night spots to hit when you’re not gambling
April 2, 2014