LAWRENCE Ho, son of gaming billionaire Stanley Ho, is betting that his understanding of Chinese gamblers will help a planned US$1bil underwater casino fend off new entrants in Macau such as Las Vegas Sands Corp.
“Macau is China’s domestic market,” said Ho, managing director at Melco International Development Ltd, which builds the casino. Vegas operators “don’t care if you are Chinese, Indian, European, you are supposed to go to the buffet.”
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