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Galaxy teams up with SBM to bid on Japanese casino licence
Galaxy Entertainment Group, Operator of Galaxy Macau, has joined forces with its associates Société des Bains de Mer (SBM) in Monaco to bid for a Japanese casino licence in what is set to be the next big gaming hot-spot.
SBM is majority-owned by the Mediterranean principality, with 5% of the company owned by Galaxy. SBM generated 40.1% of its revenue from gambling for the first three quarters of its current financial year, Galaxy by contrast g...
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