Vol. 7 No. 11, November 2008, Dateline
Lawrence Ho Shows Interest in Taiwan
Melco International Development Ltd. Chairman Lawrence Ho has expressed interest in establishing casinos on Taiwan if the government there legalizes gambling.
The Earth Times quoted Ho, son of Macau gambling magnate Stanley Ho, as saying, “If the Taiwan government lifts the ban on gambling, I am interested in making investments in Taiwan.”
Responding to a question on the size of investment he might be willing to make, Ho put out the figure of between HK20 billion and 30 billion, about US$2.5 billion-$3.8 billion.
Ho made the comments while attending a seminar in Taipei, the subject of which was business opportunities in Taiwan and Hong Kong, and in mainland China.
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