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Japan Consul-General predicts little competition between Macau and Japan casino industries

Newsdesk by Newsdesk
Thu 20 Jun 2019 at 05:40
Japan Consul-General predicts little competition between Macau and Japan casino industries
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Japan’s Consul-General in Macau, Mitsuhiro Wada, says he doesn’t expect Macau and Japan to be in direct competition for customers once his home nation opens its first integrated resorts in the coming years.

But the ambassador insists Japan can still learn from Macau’s accomplishments in running the biggest casino industry in the world.

Speaking at the launch of a new Japan Pavilion at Macau’s Tap Seac Gallery, Wada told the Macau Post Daily, “Japan is going to start the business of integrated resorts. Macau is very experienced in this field and Japan should learn from Macau’s experience.”

However, he added that Japan “cannot follow Macau’s model” due to significant differences in customer demographics.

“We will create our business in a Japanese way which could be very different from Macau’s integrated resort business,” he said.

“In Macau, most of the customers are coming from the mainland and Hong Kong, but in Japan’s case, the majority of the guests will be Japanese. We also welcome tourists from all over the world, but the main customers would be Japanese people, so I don’t think there will be much competition between Macau and Japan.”

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The IAG Newsdesk team comprises some of the most experienced journalists in the Asian gaming industry. Offering a broad range of expertise, their decades of combined know-how spans multiple countries across a variety of topics.

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