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| Wednesday, February 22, 2012
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ISSUE 93 - Jan  2012
 
 
What are your expectations for the gross gaming revenue growth of Macau’s gaming industry in 2012?
Decline
Growth above 20 percent
Growth from 10 to 20 percent
Stagnation
 
 

“Tables should be more equally spread”


Posted: 1/9/2012 5:32:33 PM
Rating:     0% ( votes)
  

By Paulo A. Azevedo

Galaxy Entertainment Group Ltd. has no fear the opening of Sands Cotai Central will hurt performance at Galaxy Macau. In an exclusive interview with Macau Business, Galaxy vice-chairman Francis Lui Yiu Tung says the government cap on live gaming tables is needed but wants an even spread of tables across the city’s six gaming operators. Mr Lui confirms the gaming operator will offer three-star accommodation to attract more middle-class mainland visitors and look to expand into new Asian markets. In between, he accuses some competitors of wanting “to milk every dollar” from Macau.

Read the full version of this article in the January issue of Macau Business magazine, now available at selected newsstand outlets in Macau, Hong Kong bookshops, by subscription and at partner hotels, restaurants, airlines and ferry carriers in Macau.



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History in the making

Macau mass market baccarat outpacing VIP growth

Very important promoters

The number of licensed VIP gambling junket operators continues to rise, provoking calls for greater transparency

To a standstill

Important bills have been languishing in the Legislative Assembly for up to a year

The more the merrier

Macau absorbed 28 million visitors last year. Is it time to cap tourist numbers?

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