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To Russia With Enjoy for Macau Casino Magnate Lawrence Ho

February 18, 2020 More Chilli Slot  No comments

ᅢᆵᅡ카﾿To Russia With Enjoy for Macau Casino Magnate Lawrence Ho

Macau casino mogul Lawrence Ho seems probably be the first major gaming operator to move into the Russian market, as his company has signed an agreement to open a casino there. The move signals Russia’s intention to develop into a major player in the lucrative Asian casino market.

In the Zone

Ho’s casino-resort will be located in Primorye, one of four special zones set aside by Russia after a 2009 law prohibited all other casino gambling. The area of Primorye borders China and Korea, as well as the casino is expected to be placed on the outskirts of Vladivostok.

‘a great deal of individuals don’t understand that Vladivostok is A asian casino opportunity that is actually in Russia,’ Dean Macomber told The Wall Street Journal. Macomber is the president of Macomber International Inc., an American company which includes consulted with all the Russian casino industry.

That prime location will be the key to getting severe names into the casino market that is russian. Many major casino brands have actually shied away from investing in the country due to a murky regulatory system and concerns over heavy corruption. Nevertheless the combination of the location and tax incentives have made a casino in Primorye an even more interesting proposition.

Like Father, Like Son

Lawrence Ho is the son of Stanley Ho, the Macau-based casino tycoon whom once held a monopoly on all of the gambling within the Chinese enclave. Now that many casino that is internation...

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