Inside Asian Gaming

IAG JAPAN NOV 2020 50 2020 POWER 50 LAWRENCE HO CHAIRMAN AND CEO Melco Resorts and Entertainment CHAIRMAN AND CEO Melco International DIRECTOR Studio City International ローレンス・ホー (何猷龍) 会長兼CEO メルコリゾーツ＆エンターテインメント 会長兼CEO メルコ・インターナショナル 取締役 スタジオシティ・インターナショナル CLAIMS TO FAME 評価理由 4 POWER SCORE パワースコア: 3,856 POSITION LAST YEAR 昨年の順位: 3 Only operator besides Sands China with frontage along Cotai’s central avenue Pledging “whatever it takes” to win Japan integrated resort license Lone Macau operator present in the Philippines with City of Dreams Manila Creator of the unique Macau attractions House of Dancing Water and Morpheus Hotel • • • • • • • • サンズ・チャイナ以外でコタイの中央通りに正面が面している唯一の事業者 日本の統合型リゾートライセンスを勝ち取るために「必要なことは何でもす る」と断言 シティーオブドリームスマニラでフィリピンに唯一展開するマカオの事業者 豪クラウン・リゾーツの9.99％の株式取得後買収計画を断念 ユニークなアトラクション『ハウス・オブ・ダンシング・ウォーター』とモーフィ アスホテルの創設者 IT’S BEEN A DIFFICULT YEAR across the gaming industry, and more difficult for Melco Chairman and CEO Lawrence Ho than for most. In May, his father, the renowned Macau casino magnate Stanley Ho, passed away at age 98 following the 2009 brain injury that effectively ended his business career. The elder Ho helped induce his oldest surviving son to abandon an investment banking career and join the family gaming business. However, a different remnant of Lawrence Ho’s past has had the biggest impact on Melco lately. Originally a satellite casino operator under SJM Holdings’ gaming concession, Melco formed an alliance with Australian billionaire James Packer. The death of Kerry Packer, a legendary gambler and media magnate turned casino investor, left his son as principal owner of what is now Crown Resorts, widely acknowledged as Australia’s leading casino operator over the past two decades. Lawrence Ho and Packer formed a joint venture that became Melco Crown, and in March 2006 it spent US$900 million to buy the Macau gaming subconcession granted to Wynn Resorts. That December the venture listed on the Nasdaq. Though the principals each held the title of co- chairman, Ho led the parade. In 2007, Melco Crown opened its first property, Crown Macau, now Altira. Then came City of Dreams in 2009, across the street from Sands China’s Venetian Macao at the head of Cotai’s central artery. Melco Crown extended the City of Dreams brand to Manila at the end of 2014. It acquired 60% of Macau’s long-stalled Studio City project, opening a US$3.2 billion Cotai bookend to City of Dreams in October 2015. A year later, 19 Crown employees were detained in China, charged with illegal gambling promotion. In December 2016, Crown reduced its share of Melco Crown