• Subscribe
  • Magazines
  • About
  • Contact
  • Advertise
Friday 11 July 2025
  • zh-hant 中文
  • ja 日本語
  • en English
IAG
Advertisement
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
  • 中文
No Result
View All Result
IAG
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
  • 中文
No Result
View All Result
IAG
No Result
View All Result

Melco’s Lawrence Ho confirms no plans for further overseas expansion in near future

Pierce Chan by Pierce Chan
Sat 21 Sep 2024 at 18:54
Melco launches new 14-day “Express Payment Scheme” to support Macau SMEs
35
SHARES
885
VIEWS
Print Friendly, PDF & Email

Melco Resorts Chairman and CEO Lawrence Ho has reiterated that he has no plans to invest in any new overseas casino-resort developments in the near future, preferring to focus on debt reduction instead.

The company currently operates three properties in Macau – City of Dreams, Studio City and Altira – runs IRs in Manila and Cyprus and was recently granted a 20-year casino licence in Sri Lanka.

In an interview with TDM on Tuesday, Ho said the group does not have any more overseas investment plans for the time being and would instead focus on its existing facilities with a focus on Macau.

“Macau has its own unique advantages and will not be easily replaced,” he said. “Our next big project is the revitalization of Piers 23 to 25 in the Inner Harbour area of Macau, which is in support of the (Macau) government’s development [plans]. The design is already in place and we’re waiting for the government to hand over the site, which is a very old heritage site.”

Melco announced last year that it would revitalise Inner Harbour Piers 23 and 25, as well as Mount Fortress and its surrounding space.

The Inner Harbour project will include the addition of new cultural and tourism elements and the establishment of an Inner Harbour market. It will also see the introduction of gift and souvenir shops, a tourist information center, a bookstore, cafes and teahouses.

RelatedPosts

Macau GGR hits new post-pandemic high of MOP$20.8 billion in October

Citi: Macau industry EBITDA likely to have grown by 3% in 2Q25

Thu 10 Jul 2025 at 05:46
Macau government says ratio of local staff employed by concessionaires in middle and senior positions now at 90%

Macau government says ratio of local staff employed by concessionaires in middle and senior positions now at 90%

Wed 9 Jul 2025 at 19:46
Macau’s 2025 visitor arrivals move past 20 million, 26 days earlier than last year

Macau’s 2025 visitor arrivals move past 20 million, 26 days earlier than last year

Tue 8 Jul 2025 at 14:47
Industry gathers for milestone Macau After Dark at Vasco – Bar and Lounge as MAD concept celebrates 30th edition

Industry gathers for milestone Macau After Dark at Vasco – Bar and Lounge as MAD concept celebrates 30th edition

Tue 8 Jul 2025 at 05:57
Load More
Tags: Lawrence HoMacauMelco Resorts and Entertainment
Share14Share2
Pierce Chan

Pierce Chan

With more than five years’ experience working as a journalist in Macau, Pierce is an experienced media operator with strong skills in news writing and editing. He previously worked with Exmoo, first as a reporter covering government, gaming and tourism-related stories, then as a Deputy Assignment Editor helping set the agenda of the day. Pierce is a graduate of the University of Macau.

Current Issue

Editorial – An inconvenient truth

Editorial – An inconvenient truth

by Ben Blaschke
Fri 27 Jun 2025 at 15:21

It’s understandable that political observers, academics and members of the public in greenfield jurisdictions would express caution around the legalization...

Light & Wonder’s Siobhan Lane

Light & Wonder’s Siobhan Lane

by Ben Blaschke
Fri 27 Jun 2025 at 15:19

Siobhan Lane, Light & Wonder’s highly experienced CEO of Gaming, speaks to Inside Asian Gaming about the company’s ongoing transformation...

Honesty is the best policy

Honesty is the best policy

by Ben Blaschke
Fri 27 Jun 2025 at 14:13

The Thailand Entertainment Complex Roundtable brought industry stakeholders, politicians and supporters of the government’s Entertainment Complex Bill face to face...

Sri Lanka’s casino industry

Sri Lanka’s casino industry

by Shaun McCamley
Fri 27 Jun 2025 at 13:36

Industry veteran Shaun McCamley delves into the complex history of Sri Lanka’s casino industry at a time when the country...

Evolution Asia
Your browser does not support HTML5 video.
Aristocrat
GLI
Nustar
SABA
Mindslot
Solaire
Hann
Tecnet
NWR
Jumbo
568Win

Related Posts

Government report says online gambling poses far greater money laundering threat than Singapore’s land-based casinos

A deeper look at how Singapore introduced casino gaming: possible lessons for Thailand

by Newsdesk
Fri 11 Jul 2025 at 07:15

Inside Asian Gaming is delighted to publish this paper by LAU Kok Keng, Head of Gambling Law Practice for Rajah & Tann Asia, on Singapore’s casino legalization experience. The paper, titled, Singapore’s Casino Legalization Experience: Setting the Standards for Minimizing and...

Philippines’ maiden PIGO platform generates GGR of US$2.3 million in first six months of operation

Alliance of Philippines fintech companies says members prepared to implement strict due diligence measures for online gaming

by Newsdesk
Fri 11 Jul 2025 at 06:34

Fintech Alliance Philippines, described as the Philippines’ largest organization of financial technology companies, said in a statement that its members have agreed to implement stricter due diligence measures in response to concerns over the rapid rise of the country’s domestic...

Shinawatra family rejects opposition claim that casino policy drove away Chinese tourists, doubles down on need for entertainment complexes

Shinawatra family rejects opposition claim that casino policy drove away Chinese tourists, doubles down on need for entertainment complexes

by Ben Blaschke
Fri 11 Jul 2025 at 06:20

Thailand’s suspended Prime Minister Paetongtarn Shinawatra and her father, former Prime Minister Thaksin, have rejected claims by its former coalition partner Bhumjaithai that a massive decline in Chinese tourism this year is linked to the government’s casino policy. Instead, the...

SunTrust becomes listed tourism business as Suncity releases first renderings of Manila hotel and casino project

LET Group turns full focus to Manila casino development but admits uncertainty over ability to fund project completion

by Ben Blaschke
Fri 11 Jul 2025 at 06:17

Hong Kong-listed LET Group says it is now “fully-focused” on its US$1.25 billion LET X hotel and casino development in Manila’s Westside City precinct, despite admitting lingering concerns that it may not have the funds to complete its construction. The...



IAG

© 2005-2024
Inside Asian Gaming.
All rights reserved.

  • SUBSCRIBE FREE
  • NEWSFEED
  • MAG ARTICLES
  • VIDEO
  • OPINION
  • TAGS
  • REGIONAL
  • EVENTS
  • CONSULTING
  • CONTRIBUTORS
  • MAGAZINES
  • ABOUT
  • CONTACT
  • ADVERTISE
  • 中文

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • 中文
  • Subscribe
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
  • Events
  • Contributors
  • Magazines
  • Advertise
  • Contact
  • About
  • Home for G2E Asia

© 2005-2024
Inside Asian Gaming.
All rights reserved.

  • 中文
  • English