Group Led by Lawrence Ho to Raise Stake in Russian Casino Project
Posted on
April 23, 2014
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