Galaxy Entertainment Group remains fully committed to developing an integrated resort in Japan, even if the central government makes major changes to its IR timeline.
His comments, which formed a key part of GEG’s 2Q20 results announcement on Thursday, are notable given a number of major international operators have taken steps in the opposite direction in recent months – most notably Las Vegas Sands which withdrew from Japan completely in May.
“We continue to make progress with our international expansion plans,” he said. “We do acknowledge that timelines for Japan may be impacted by the worldwide pandemic of COVID-19, however we can adjust accordingly and we remain committed to our Japan expansion plans.”
“We view Japan as a great long term growth opportunity that will complement our Macau operations and our other international expansion ambitions. GEG, together with Monte-Carlo SBM from the Principality of Monaco and our Japanese partners, look forward to bringing our brand of World Class IRs to Japan.”
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