move its headquarters to Tokyo<\/a> if it was awarded a license in Japan.<\/p>\nOdds Dependent on Regulations<\/b><\/h2>\n
Prime Minister Shinzo Abe’s controlling Liberal Democratic Party is trying to develop the best market conditions in order to legalize casinos.<\/p>\n
A primary concern among the legislature is how to make sure the multibillion-dollar venues do not lead to elevated rates of problem gambling.\u00a0The Diet is expected to place an entry fee on Japanese residents in an effort to keep those who can’t afford to lose out.<\/p>\n
In January, Melco debuted an innovative security system that utilizes “biometric indicators” to reduce human error.\u00a0Dubbed MelGuard, the machine uses facial recognition and fingerprints to fully identify each patron at arrival. The technology could keep tabs on the visitation rates of certain individuals.<\/strong><\/p>\nMelco seems to be playing its cards right, but Morningstar maintains that Sands and MGM are the two frontrunners. However, a recent report from GGRAsia <\/i>suggests that five, not only two, integrated casino resorts could be authorized.<\/p>\n
If true, that of course only improves the odds for Lawrence Ho and Melco.<\/p>\n","protected":false},"excerpt":{"rendered":"
Lawrence Ho says his Melco Resorts, one of six licensed casino operators in Macau, is readying to make its case to Japanese lawmakers as to why the company is best suited to receive one of the expected gaming permits in the Land of the Rising Sun. But the billionaire doesn’t expect the competitive bidding to […]<\/p>\n","protected":false},"author":42,"featured_media":72783,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[13,18,61,13592],"tags":[],"acf":[],"yoast_head":"\n
Melco Boss Lawrence Ho Predicts Japan Casino Bidding to Begin in 2019<\/title>\n\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