Japanese lawmakers from the ruling Liberal Democratic Party submitted a bill to legalize casinos to parliament, bringing the nation closer to opening up what is estimated to be the world’s second-largest gaming market.
Melco Crown Entertainment Ltd., the Macau casino venture of entrepreneur Lawrence Ho and billionaire James Packer, rose for a fourth day in Hong Kong on prospects its version of the Las Vegas Strip in Cotai will boost profit.
Las Vegas Sands Corp. plans to brand it like Beckham by signing an agreement to cooperate with the former Manchester United, Real Madrid and England football star’s company to promote its business in Asia.
Galaxy Entertainment Group Ltd., the Macau casino operator that made Lui Che-woo Asia’s third-richest man, plans to invest in China’s Hengqin island and will consider investing at least $5 billion in Japan and Taiwan if allowed.
Galaxy Entertainment Group Ltd., the Macau casino operator that made Lui Che-woo Asia’s third-richest man, may consider investing more than $5 billion in Japan and Taiwan, if those governments open their markets.
Paradise Entertainment Ltd., the supplier of gambling equipment in Macau, forecast a rise of at least 35 percent in sales next year and said it aims to expand overseas to sell its electronic table games outside the city.
Galaxy Entertainment Group Ltd., the Macau casino operator that made Lui Che-woo Asia’s second- richest person, said third-quarter profit jumped 24 percent as Chinese visitors spent more at its two main casinos.