written and last updated by
Sam Smith at
12 Sep 2024
Journalist, Editorial Department
Japanese casino equipment supplier Angel Group is investing $130 million (11.9 billion rubles) in the construction of a new factory in Macau. The facility will be located in the Concordia Industrial Park on Coloane Island.
The plant will serve as a base for the production and supply of playing cards, "smart" tables, and other casino equipment for the city. Company executives announced that operations are expected to commence by the end of 2026 during a groundbreaking ceremony.
Yasushi Shigeta, Chairman and CEO of Angel Group, stated that the decision to launch the new facility was driven by the need to expand production capabilities in Macau. "We plan to build a modern factory that will serve as our base for integrated functions—from manufacturing to sales. This will enable us to establish a seamless supply chain for local products to meet local demand," Shigeta noted.
According to Angel Group, the factory will cover an area of 22,000 square meters, with the total site measuring 26,000 square meters. The project involves demolishing an existing building in the Concordia Industrial Park and constructing the new facility from the ground up.
Angel Group has been involved in the production and supply of playing cards and casino equipment for 75 years. The company currently operates factories in Japan and Singapore and opened a representative office in Macau in 2006 to serve local clients.
Asuka Kurahashi, President and COO of Angel Macau Ltd, highlighted that Macau has always been the company's largest market for supplying playing cards. She added that one of the goals of building the new factory is to support the training of the local workforce in casino technology and products.
Notably, the revenue of Macau's gaming industry surged by 308% in 2023, reaching 188.5 billion patacas.
