Macau | Local branch of Confucius Institute operative by early 2018
| 10:00pm
Film Festival | Hunting Season wins the Best Film Award at IFFAM
| 09:28pm
Macau | Future uncertain for Canidrome dogs as deadline looms
| 09:17pm
Macau | Local hotel industry service is on top of the list in Asia - Hotelier Awards Director
| 06:58pm
Two astronauts, cosmonaut return from five-month ISS mission
| 06:43pm
Macau | Record-breaking land transaction in Macau SAR confirmed, William Kwan vendor in the deal
| 06:27pm
Macau | Gov't striving to complete internal legislative procedure for taxi regulations by Q1 2018 - Sonia Chan
| 06:21pm
Film Festival | Brazilian director and producer at IFFAM Project Market highlight feedback from industry
| 06:13pm
Seven decades in the making, EU set to sign defence pact
| 06:00pm
Macau Lifestyle | DFS Masters of Time luxury watch exhibition to be held until Feb. 28, 2018
| 05:53pm

Galaxy Ent’l chairman anticipates higher growth

The chairman of casino operator Galaxy Entertainment Group Ltd., Lui Che Woo, said he expects higher growth in the mass gaming segment starting from February next year, Hong Kong’s Chinese language media report. Speaking on the sidelines of the 60th anniversary of K. Wah Group on Thursday, Mr. Lui said he believes the city’s drop […]

The chairman of casino operator Galaxy Entertainment Group Ltd., Lui Che Woo, said he expects higher growth in the mass gaming segment starting from February next year, Hong Kong’s Chinese language media report.
Speaking on the sidelines of the 60th anniversary of K. Wah Group on Thursday, Mr. Lui said he believes the city’s drop in gaming earnings is bottoming out. He added that he has noticed recent increases in the number of premium mass gamblers and their bet sizes.
Mr. Lui, also the chairman and founder of K. Wah Group, said he hoped the Macau Government could encourage more Mainland Chinese visitors to travel to Macau, an act that would stimulate the gaming business here.
The casino operator’s Galaxy Phase II and sister property Broadway Macau opened on May 27. Galaxy Phase II includes the luxury hotels Ritz-Carlton and JW Marriott, which make up a total of 1,350 rooms.
Mr. Lui said he has been “very satisfied” with the performance of Phase II since its opening, which has seen its hotel occupancy rate approach 100 per cent.

OPINION

624 POSTS0 COMMENTS
228 POSTS0 COMMENTS
186 POSTS0 COMMENTS
103 POSTS0 COMMENTS