Japan gambling development won’t trigger casino cannibalization, says Fitch

The opening up of the multi-billion dollar casinos in Japan in the near future will not likely to affect current gambling jurisdictions across the Asia-Pacific region.

This is according to international credit-debt watcher Fitch Ratings which said that it is unlikely for Japan casinos to trigger casino cannibalization in the region.

But Vicky Melbourne, the ratings agency’s head of Industrials, Property and Consumer for South and Southeast Asia, pointed out that the success or failure of each gambling jurisdictions depend on the products it offers in their area.

“No sorts of specific, because as we’ve told earlier, it is sort of having the right product, the right sort of property and the infrastructure around to support the integrated resorts,” Melbourne told CalvinAyre.com at the sidelines of the ASEAN Gaming summit.