Tag: Lawrence Ho
Melco’s Ho wants to explore casino in Barcelona
Macau Times – Last week, Lawrence Ho announced to the HK Stock Exchange (HKSE) that his main holding company, Melco International Development, has signed a memorandum of understanding with Veremonte Espana S.L. of Spain. This understanding includes holding talks for the management of at least one casino, which is to be developed as part of the BCN Dream resort being developed by Veremonte near Barcelona, Forbes magazine reported. According to the publication, besides casinos, BCN Dream will include more than 10,000 hotel rooms, an exhibition and meeting center and up to 5,000 residential units. BCN Dream, in turn, is to…
Macau Casino Mogul to Operate New Russian Casino
From Wall Street Journal Macau mogul Lawrence Ho is set to become Russia’s first well-known casino operator, as China’s northern neighbor enters the fray competing for the Asian high rollers who made Macau the world’s gambling capital. A company controlled by Mr. Ho signed an agreement to open a casino on the outskirts of Vladivostok, a person familiar with the deal said. The planned casino-resort in Primorye—a vast eastern region bordering China and Korea—is scheduled to open in the second half of next year. It will be one of the first in Russia after the country in 2009 banned casino…