Galaxy Entertainment’s bet on VIP gaming pays off

Union Gaming Research Macau says Galaxy Entertainment Group Ltd owes its leadership of the city’s casino market last month to its concentration on the VIP gaming business. Galaxy Entertainment had 22.9 percent of casino gross gaming revenue, the biggest share. Union Gaming says in a note: “In all likelihood, the reason that Galaxy would have come out on top in terms of market share is their VIP performance. In general, Galaxy has been growing its VIP business while all other operators have experienced notable declines (up to 25 percent) in their VIP business.”