The chief executive of Macau gaming operator SJM Holdings, Ambrose So Shu Fai, is optimistic about the performance of the city’s gaming industry in 2016.

“The past year has been a challenging one for Macau and for the gaming industry, but we are optimistic for an improved climate in 2016,” he said. “Later in 2016 we will reopen the Jai Alai property, with new lodging, shopping, entertainment and gaming facilities.”

The latter was a reference to Casino Jai Alai on the Macau peninsula. Renovation work on the property had been suspended since February 2014 pending government approvals and was restarted in May 2015.