Galaxy, SBM tie up for Ja­pan casino bid

New Straits Times - - Business -

TOKYO: Ma­cau casino op­er­a­tor Galaxy En­ter­tain­ment Group Ltd yes­ter­day said it has part­nered So­ci­ete des Bains de Mer (SBM), hop­ing the Monaco peer will help it win a li­cense in Ja­pan’s gam­bling mar­ket. Galaxy and SBM will de­velop and run en­ter­tain­ment busi­nesses, in­clud­ing casi­nos and ho­tels in Ja­pan and the Asia-Pa­cific re­gion, the com­pa­nies said in a state­ment. SBM is ma­jor­i­ty­owned by the Mediter­ranean prin­ci­pal­ity, and since 2015, five per cent owned by

Galaxy. Agen­cies

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