James Packer's Asian gaming joint-venture Melco Crown wants to build a casino in Tokyo in time for the 2020 Olympics, according to The Australian.
MGM China Holdings Ltd, a venture between Pansy Ho and MGM Resorts International, received an approval from the Macau authorities to build a second casino in the world's No. 1 gambling hub, according to a statement released on the 9th January.
On the 2nd of January, official data showed that Macau saw gambling revenue increase approximately 14 percent to about $38 billion in 2012. The figures also indicated that Macau casino revenue jumped as much as 20 percent in December, surprisingly topping analysts' estimates. The results support the Macau's title of the world's biggest gambling market.