Tanasijevich, who would take the lead on development of the Project, said the US company seeks to open a facility that surpasses Singapore’s Marina Bay Sands resort, which is considered a successful example.
During an interview with Nikkei, the executive also anticipated that Las Vegas Sands business model in Japan would focus mainly on non-gaming offers. Casinos themselves account for less than 3% of Las Vegas Sands’ overall business, while the rest comes from hotels, exhibit halls, theaters and commercial facilities.
He said the Japanese public is generally resistant to the idea of casinos, so other facilities like a world-class concert hall and sports facilities would be key to attracting visitors.
Japan is in the process of revamping its laws to allow casinos to operate in the country. Deliberations have been put on hold due to the lower house election slated for later this month.
Source: GMB / Nikkei
