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Macau Mogul Looking to Raise Stake in the Russian Market

April 24, 2014 13:04:17

Lawrence Ho sees Vladivostok as a potentially lucrative casino market, not least due to its proximity to millions of Chinese would-be casino gamblers. Macau casino magnate Lawrence Ho plans to increase his stake in a proposed Vladivostok casino project to 85 percent. Ho’s partner, Oleg Drozdov, currently owns 30 percent but has agreed to sell […]