Mon, Jul 15, 4:44pm by Staff Writer
Asia-based casino logistics provider TKHS Group has plans to increase its reach to other parts of the world, according to executive director Samuel Wilson.
“I see us really transforming from an Asia-centric company into a true global company,” Mr Wilson told GGR Asia.
That follows the firm’s debut in Australia, and its involvement in casino projects in Cyprus and a non-gaming development in California.
“We need to think what we need to do to get there,” he said, referring to global expansion.
“There are certain investments we need to do, and we need to get the right people in place. But that is really the direction I see it going in,” Mr Wilson added.
TKHS was established in 2013.
The firm is a logistics service provider for the gaming and hospitality industries, with offices in eight locations.
All save one are casino jurisdictions: Macau, the Philippines, Vietnam, mainland China, Hong Kong, South Korea, Australia and Singapore.
The group has about 200 staff; Macau, the Philippines and Australia are currently its main markets.
TKHS provides logistics management for both pre- and post-opening phases of casino properties.
The latter includes refurbishment and remodelling of venues.
The firm’s work ranges from cross-border trucking and international freight services to customs clearance and onsite installation services.
Prior to establishing TKHS, Mr Wilson worked for Las Vegas Sands Corp’s operations in Asia.
He was involved in logistics management for Venetian Macao in Macau’s Cotai district and for Marina Bay Sands in Singapore.
He told GGR Asia one of his firm’s areas of expertise was to provide specialised logistics support in developing countries.
“That is the kind of place where we can make a difference: a country where people struggle to get things in and get things done”
Casino logistics provider TKHS aims for global footprint https://t.co/jdwrQbAvY8
— GGRAsia (@GGR_Asia) July 12, 2019
Logistical challenges in developing countries often include liaison with customs for the transport of casino equipment, Mr Wilson added.
“Often the rules are not very clear, especially when gaming is something new to the country.”
Mr Wilson told GGR Asia his firm had been busy in recent years in establishing a presence in Australia.
TKHS recently was appointed a logistics service provider for the Crown Sydney casino-hotel project, currently under construction in Barangaroo.
The property is being developed by Australia-based operator Crown Resorts.
“We have also had some hotel projects in Sydney,” the TKHS executive said.
“There is a huge market in Australia, there is a lot going on not only for gaming, but also just general hospitality.”
In Europe, TKHS is providing logistics support to casino operator Melco International Development Ltd.
The latter enjoys a monopoly licence from the Republic of Cyprus and is developing a series of properties there.
Its flagship City of Dreams Mediterranean casino is expected to open n 2021.
Back in Asia, TKHS has provided services to Gongzi Jeju Casino, a property that opened in 2017 on South Korea’s holiday island of Jeju.
TKHS is now eyeing potential business opportunities involving the casino projects being developed in Incheon, near Seoul, respectively by US-based operators Caesars Entertainment Corp and Mohegan Gaming and Entertainment.
TKHS has additionally done work for non-gaming projects in Singapore, including for the iconic Raffles property.
Mr Wilson said the firm was looking to get involved in the city-state’s gaming sector, following the announcement earlier this year of expansions at Singapore’s two casino resorts.
“Japan is out there but for us it is too early,” Mr Wilson added, in reference to the ongoing process to legalise casino operations in that country.
A number of observers say the first gaming property in that market is likely to open in 2025 at the earliest.
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