Japan casinos not a threat to Macau: Leong

SJM Holdings executive director Angela Leong doesn’t believe the opening of casinos in Japan will have a strong effect on Macau.

Cited by Chinese-language broadcaster Radio Macau, the gaming executive said she believed Macau would have entered a stronger position by 2020, the time when Japan casinos would open.

“There will not be a huge impact; especially by 2020, or 2022, when Macau’s casino industry will have already entered a new phase,” said Leong.

The businesswoman also confirmed her firm would not be considering any gaming business in Japan or other regions, as her company is currently fully focused on Macau operations.

“We have not considered that yet. Because we need to do well on our Grand Lisboa Palace project now, as the project is in full swing,” she told reporters.

Speaking about the Grand Lisboa Palace project, which is currently still under construction, Leong said she hoped the project would be open in late 2017 or early 2018. She also noted that the Jai Alai, located on the Macau Peninsula, might be open before Chinese New Year this month, subject to government approvals.

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