Published On:April 9 2014
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Melco Crown ready to invest $5 billion for Japan casino: Nikkei.
Melco Crown Entertainment (6883.HK) (MPEL.O) will invest at least $5 billion to open a casino in Japan if the country lifts its ban on gambling resorts, The Nikkei said, citing an interview with the company's top executives.
The Macau-based casino operator is already in talks with several Japanese companies to open a casino in Japan, most likely in a city such as Tokyo or Osaka, Chief Executive Lawrence Ho said.
Reuters