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the paragon casinoMelco announcing investments in non-gaming hospitality should help the Hong Kong-based group improve its standing in the casino bidding war.Melco’s billionaire founder and CEO Lawrence Ho announced the projects this week in Tokyo.Melco Resorts is one of the six licensed casino operators in Macau, the world’s richest gaming hub. Takeshi Iwaya, a member of Prime Minister Shinzo Abe’s Liberal Democratic Party, believes integrated resorts can be a boon for Japan’s economic growth. But Iwaya believes Japan’s integrated resorts can do more than lure business travelers.The venues can increase GDP “not just by hosting a slew of international conferences, but by increasing the number of tourists from abroad,” said the politician.Japan has a long-stated goal of boosting tourism to 40 million foreign visitors by the end of next year and 60 million by 2030. But political bettors feel he’ll complete four years in office – “Yes” shares at 70 cents.As for his reelection odds, bookmaker William Hill has Trump at 6/5 (+120). Takeshi Iwaya, a member of Prime Minister Shinzo Abe’s Liberal Democratic Party, believes integrated resorts can be a boon for Japan’s economic growth. Billionaire Lawrence Ho has big plans for Melco Resorts in Japan. is the bellagio a casino

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