Asia

Melco Resorts Still Hoping for an IR Licence in Japan

Published

5 years ago

March 1, 2021

Niji Narayan

Melco Resorts Still Hoping for an IR Licence in Japan

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Lawrence Ho, Chairman and CEO of Melco Resorts, has said that the company remains committed to seeking IR license in Japan.

Speaking during Melco’s results announcement for 2020 Q4, Ho said: “Japan remains very much on the company’s radar but added the company is looking to pursue the right opportunity.”

Melco Resorts was one of seven companies that participated in the original request for concept process in Yokohama in 2019, when the city first called for bidders.

However, Ho made no reference to Yokohama, since there is still no clear picture regarding the city’s plans.

Ho added: “Due to COVID-19 pandemic, the process in Japan has been delayed and remains complex but has renewed momentum as jurisdictions are again initiating RFP processes.”

Related Topics:Covid-19 pandemic IR license Japan Lawrence Ho Melco Resorts RFP processes

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Niji Narayan

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.