Ho, Lawrence

    Company: Melco Resorts & Entertainment

    Family Name: Ho

    Given Name: Lawrence

    Role: Chairman and CEO

    Profile: Lawrence Ho left investment banking for gaming in 2003, operating under the license of his father, SJM Holdings founder and billionaire Stanley Ho, before Melco obtained a license in 2006. He often mentions his respect for Japanese culture since his first visit to Japan at the age of five.

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    Osaka’s IR Plans Lose Some of Their Sparkle

    From last November, when Osaka won its bid to host the 2025 World Expo, until August of this year, when Yokohama announced that it was entering the race, Osaka Yumeshima was looking like it would become host to the grandest and most successful IR in Japan.

    Melco Reports 16% Gain in July-September 2019 Period

    Melco Resorts & Entertainment reported a 16% gain in the July-September 2019 period helped by a strong performance at City of Dreams Macau and record results in the mass market and slots segments.

    Tennis Champion Naomi Osaka Becomes Melco Brand Ambassador for Yokohama IR Bid

    Melco Resorts & Entertainment made several major announcements at a press event in Tokyo on Tuesday, including that Japanese tennis champion Naomi Osaka has become brand ambassador and sports group director for the company’s Yokohama IR bid.

    Keio University Seminar Provided to Melco Executives

    Melco Resorts & Entertainment partnered with Keio University to give more than twenty of the IR operator’s foreign executives a seminar on Japanese history, culture, and business practices. The seminar took place in Tokyo on September 14.

    Melco Announces “Yokohama First” Policy and Gives Up on Osaka

    Melco Resorts & Entertainment announced on Wednesday that it would focus its IR campaign on Yokohama and that it was suspending its participation in bidding for the Osaka Yumeshima location.

    Evan Winkler Appointed President of Melco Resorts

    Melco Resorts & Entertainment has appointed Evan Winkler to the newly-created position of company president with effect from September 4.

    Major IR Operators Scramble to Yokohama

    The official announcement by Mayor Fumiko Hayashi that Yokohama would enter the IR race in earnest has set off a scramble among major IR operators, with Las Vegas Sands announcing that it was completely abandoning its efforts to partner with the Osaka government and Melco announcing its intention to open a Yokohama office with a new executive in charge.

    Melco Partners with the Yokohama F. Marinos Football Club

    Melco Resorts & Entertainment has entered into its first sports partnership in Japan by becoming a sponsor for the Yokohama F. Marinos J1 League football club.

    Lawrence Ho Upbeat on Japan as Melco Posts Strong Revenue Growth

    Speaking on an earnings call for the April-June 2019 period, Melco Resorts & Entertainment Chairman and CEO Lawrence Ho remained upbeat about his firm's prospects in Japan.

    University of Macau Shares IR Lessons in Tokyo

    The University of Macau organized an event on Saturday at a hotel in Ikebukuro, Tokyo, to pass along to a Japanese audience Macau’s experience in developing an IR industry.

    Lawrence Ho: Crown Acquisition Will Help Melco’s Japan Bid

    Melco Resorts & Entertainment Chairman and CEO Lawrence Ho says that their recent acquisition of shares in Crown Resorts will help to accelerate their bid for a Japan casino license.

    Melco Agrees to Buy US$1.2 Billion Crown Stake

    Melco Resorts & Entertainment said it agreed to buy an almost 20% stake in Crown Resorts for A$1.75 billion (about US$1.2 billion) just two years after the Australian company withdrew from a decade-long venture with the Macau-based operator.

    Video: AGB Nippon’s Full Interview with Lawrence Ho

    Melco Resorts & Entertainment Chairman and CEO Lawrence Ho sits down for an exclusive twenty-minute interview with AGB Nippon Executive Editor Michael Penn, discussing the challenges of his firm's campaign to win one of the three Integrated Resort licenses in Japan.

    Lawrence Ho Steals the Show at Japan Gaming Congress

    Melco Resorts & Entertainment Chairman and CEO Lawrence Ho came ready for action on the first day of the Japan Gaming Congress, announcing that his firm would dramatically raise the global standard of IR industry, and presenting a stunning array of visual demonstrations of his “City of the Future” concept for the Osaka Yumeshima site.

    Melco Wary of MGM-Orix Partnership in Osaka

    During an earnings conference call, Melco Chairman and CEO Lawrence Ho seemed to acknowledge that MGM Resorts’ tie-up with the Orix Corporation would make them tough to beat for the Osaka IR license and that Melco was beginning to focus its attention on other parts of Japan.

    Melco Deploys Facial Recognition Technologies with Eye on Japan

    Melco Resorts & Entertainment Chairman and CEO Lawrence Ho has revealed that his company is now making widespread use of facial recognition technology as part of its responsible gaming efforts. The system is meant to ensure that those people who should be excluded from the casino floor are in fact being denied entry.

    Melco Pledges to Become 100% Carbon Neutral by 2030

    Melco Resorts & Entertainment has announced the implementation of a new sustainability strategy called “Above and Beyond” across its properties, which includes a pledge to become 100% carbon neutral by 2030.

    Melco Promotes Diversity with Women’s Forum

    Melco Resorts & Entertainment hosted the Melco Women’s Forum on Wednesday as part of its corporate social responsibility efforts to promote diversity and gender equality in gaming and the community.

    Melco Commits to Reducing Plastic Pollution

    Melco Resorts & Entertainment has announced that it is “the first and only hospitality group and IR operator globally” to become a signatory to the New Plastics Economy Global Commitment, led by the Ellen MacArthur Foundation.

    Melco Results Exceed Estimates in October-December 2018 Period

    Melco Resorts & Entertainment reported October-December 2018 results above estimates across all of its properties, as Chairman and CEO Lawrence Ho once again emphasized that his firm has "a strong emphasis on Japan" in terms of future expansion.

    Galaxy and Melco Recognized at the International Gaming Awards

    Galaxy Entertainment Group and Melco Resorts & Entertainment were recognized at the 12th International Gaming Awards held in London last week.

    Cyprus Tourism Official Praises Melco’s Efforts

    Cyprus’ deputy minister of tourism Saavas Perdios has praised Melco’s City of Dreams Mediterranean project for being an “important contributor” to the country’s tourism efforts.

    Melco Reaffirms Interest in Major Urban Markets

    Melco Resorts & Entertainment CEO Lawrence Ho recently reaffirmed that his company is most interested in large metropolitan locations, not the smaller regional markets.

    Hokkaido IR Showcase Brings Together Operators and Local Community

    The inaugural Hokkaido IR Showcase came to a close last Thursday, as seven IR operators and numerous other Japanese companies and associations exhibited at the first public IR event to be held in the prefecture.
    Laurence Ho

    Japan IR is “Priceless Opportunity” for Melco

    In a Tokyo interview with Bloomberg television, Melco Resorts & Entertainment Chairman & CEO said of his IR license hunt that “the opportunity for Melco is priceless and we will do whatever we need to do to win.”

    Nikkei IR Forum Draws Large Audience

    The Nihon Keizai Shinbun’s high-powered IR Forum in Tokyo drew more than six hundred guests, not including the many others who reportedly had to be turned away by an excess of applications. The event brought together government officials, IR operators, analysts, and others for an intensive day-long event last Wednesday.

    Asian Operators Post Mixed Results in 2018Q3

    The four Asia-based IR operators aiming for a license in the Japanese market—Galaxy, Melco, Genting, and Bloomberry—posted mixed results in the July-September period, even as predictions of a slowdown in the Asian gaming industry abounded.

    Operators Mobilize Staff for Typhoon Clean Up

    Macau’s operators announced Monday they were mobilizing staff to help with the cleanup efforts after Typhoon Mangkhut, which swept through the territory at the weekend forcing the closure of casinos for the first time since concessions were granted in 2002.

    Melco Appoints Real Estate Finance Expert as Non-Executive Director

    Melco Resorts and Entertainment, which is vying for a license in Japan, has appointed real estate finance expert, Francesca Galante, as an independent non-executive director of the company.

    Melco CEO Stresses Japan Focus

    Melco Resorts and Entertainment CEO Lawrence Ho once again asserted the strategic importance of Japan to the Macau-based group while announcing 2018Q2 results.

    Ho Confident of More Table Game Allocation Next Year

    Melco’s Lawrence Ho is confident his company will be granted more new-to-market gaming tables next year, TDM News reports.

    Melco Sponsors Responsible Gaming Video

    Melco Resorts & Entertainment has sponsored a public service video to reinforce responsible gaming culture to be shown on Macau television.

    Melco Cyprus Temporary Casino to Open June 28

    On Friday, Melco International Development held a ceremonial groundbreaking of City of Dreams Mediterranean, with expectations that the project’s first phase will open by 2021.

    Ho Open to Partnering with Packer Again

    During an interview with CNBC’s Christine Tan, Melco Resorts Chairman and CEO Lawrence Ho said he “wouldn’t hesitate” to partner with Australian gaming mogul James Packer again should the opportunity arise.

    Lawrence Ho: Japan IR Revenues Unlikely to Reach Macau Levels

    Melco Resorts Chairman and CEO Lawrence Ho does not expect that Japanese IRs will produce revenues on the scale of Macau, but he is nevertheless more than willing to build “a 10 billion USD plus resort” in either the Kansai or Kanto regions of the country.

    Ho Unveils Cutting-Edge Concepts for Macau IRs

    Melco Resorts & Entertainment CEO Lawrence Ho says its Hollywood-themed Studio City resort will be ramping up its entertainment offerings in an “insane” way as part of the group’s determination to be at the cutting edge and stand out from other IRs.

    Melco, SJM Improve Maternity/Paternity Benefits

    Melco Resorts & Entertainment and SJM Holdings have improved maternity and paternity leave benefits for employees.

    Morpheus Casino Won’t Use Junkets: Lawrence Ho

    Melco’s new US$1.1 billion hotel tower will not be using junkets to lure in Asian high rollers to its casino.