Suncity wants a slice of Japan casino market

Macau’s biggest junket operator Suncity Group now planning to punt billions of dollars in Japan casino market as it try to change its image from a middleman lender to a casino operator.

Bloomberg reported that Suncity Group is now actively seeking partners for its planned $10 billion integrated resort in Japan, should they be lucky enough to be awarded with a casino license.

The reason behind its move to diversify from junket to casino operator was the fact that integrated resorts brings stable income return, according to Andrew Lo, executive director of Suncity.

“As a junket operator, we don’t have enough chips to play the game even in Macau,” Lo said, according to the report. “In the future, if we own the integrated resorts, we have golf courses, swimming pools and restaurants. Our clients will stick with us more.”