SBM in joint venture in Japan

SBM, Monaco’s casino operator, has announced a joint venture with Galaxy Entertainment Group (GEG) to develop and operate a leisure complex in Japan. Macau’s Galaxy has been a five percent stakeholder in SBM since 2015. The possibility of a joint project in Japan has come about since Japan’s Upper House passed enabling legislation in December, 2016. SBM’s announcement of the project comes just 15 weeks after the legislation passed. Galaxy President, Dr Lui Che Woo, commented: “Since opening our flagship Galaxy Macau facility in 2011, we have quickly earned a … Continue reading SBM in joint venture in Japan