Group Led by Lawrence Ho to Raise Stake in Russian Casino Project

Group Led by Lawrence Ho to Raise Stake in Russian Casino Project

Mogul Looks to Attract Gamblers From Northern China to Vladivostok, Which Is Closer Than Macau

By YVONNE LEE And KATE O’KEEFFE

Wall Street Journal

HONG KONG—A consortium backed by Lawrence Ho agreed to raise its stake in a casino project on the outskirts of Vladivostok to 85%, as the gambling mogul expands his empire beyond Macau and into far eastern Russia, where operators hope to attract players from northern China. Consortium Led by Macau Mogul to Raise Stake in Russian Casino