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Macau gaming tycoon veers from Russia toward Japan

Lawrence Ho links divestment to effort to seek new license

Morpheus, the $1.1 billion casino hotel designed by Pritzker Architecture Prize winner Zaha Hadid will open for business on June 15.

MACAU -- Macau gaming mogul Lawrence Ho Yau-lung has told the Nikkei Asian Review that he gave up control of a casino resort in Russia late last year to improve his chances of winning a license in Japan under the guidance of external advisers.

Ho, chairman and chief executive of Melco Resorts & Entertainment, has high hopes for Japan, though more legislative hurdles remain to be cleared before any casino licenses can be awarded.

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