Ho, co-Chairman and CEO of Melco Crown Entertainment Ltd, gestures during a news conference and grand...
Lawrence Ho (C), co-Chairman and CEO of Melco Crown Entertainment Ltd, gestures during a news conference and grand opening of the City of Dreams in Manila February 2, 2015. Macau's Melco Crown Entertainment Ltd is not eager to include South Korea in its resort-casino portfolio and will instead focus on ramping up operations at its newly opened City of Dreams Manila project, a top company official said on Monday. While Melco Crown finds South Korea an interesting gaming market, areas like Incheon cannot guarantee a daily traffic of 30,000 visitors, a key requirement to make an integrated casino-resort project viable, Ho told reporters in Manila where he led the formal opening of the over $1 billion City of Dreams. Picture at right is James Packer, co-Chairman of Melco Crown Entertainment Ltd. REUTERS/Romeo Ranoco (PHILIPPINES - Tags: POLITICS BUSINESS SOCIETY)