\nSands CEO Sheldon Adelson explained that his casino empire wants to “target new development opportunities that allow us to maintain our industry-leading returns on invested capital. And we think an investment in Tokyo or Yokohama gives us the best opportunity to do exactly that.”<\/p>\n<\/blockquote>\n
Sands and MGM both have international experience operating casino resorts. Marina Bay Sands in Singapore has become the gold standard of the IR business, which is why the company is considered the odds-on favorite for licensure in Japan.<\/p>\n
Japan is doing everything in its power to make sure its legalizing of casinos doesn’t create societal harm.<\/p>\n
Ho’s father’s alleged links to Asian triad crime networks could present a problem for his Melco winning one of the three IR opportunities. His relationship with his father is currently being probed by officials in Australia, as Melco seeks to acquire a 19.9 percent stake in operator Crown Resorts.<\/p>\n","protected":false},"excerpt":{"rendered":"
Melco Resorts is upping its presence in Japan, as the company announced that it’s adding a third office to its operations in the country that’s readying to legalize commercial casinos. In a filing made with the Hong Kong Stock Exchange, the casino giant revealed it is opening an office in Yokohama, one of just three […]<\/p>\n","protected":false},"author":25,"featured_media":113858,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,13592],"tags":[],"acf":[],"yoast_head":"\n
Melco Resorts Japan Presence Expanding, Opens Yokohama Office<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n