Angela Leong: Canidrome use to be diversified

Angela Leong On Kei, an executive director of SJM Holdings, said that dog racing is a minor share of Macau’s gaming and entertainment industry, and that shareholders of the operator have been hoping to diversify the purpose of the venue, such as for family gatherings, cultural events or for teenagers, according to a TDM Chinese radio report. The government announced last week that it has decided to ‘temporarily’ extend the concession for Macau’s dog racing track operator, Macau (Yat Yuen) Canidrome Co. Ltd, which was set to expire on December 31 of this year. Angela Leong said that they are still waiting for the government’s report. Angela Leong added that SJM Holdings will have a new set of welfare policies for its employees to be launched soon, including holidays and a supermarket with special discounts for its own employees. She added that SJM had launched a special plan recently for its workers to sign up to. Whoever joins the plan and retires after 2020 will be rewarded. Stanley Ho’s concern When asked by reporters what her husband’s point of view of the current gaming industry was – Stanley Ho Hung Sun was the founder of SJM Holdings Ltd. – Angela Leong said that he doesn’t fear ‘the bottom’ and always says there are ups and downs and that during the down times employees’ basic life has to be guaranteed, hence reserves must be accumulated during the good times. She added that Stanley Ho, who is currently resting at his Hong Kong residence, cares a lot about Macau and the companies. When asked about his health condition, Angela Ho answered “pretty good”.