Robert Drake, chief financial officer at Galaxy Entertainment Group, says the company is bullish about the results for the fourth quarter of 2010. “The fourth quarter remains very positive. The first part of the quarter, October, is very strong. We remain very optimistic about the prospect of Macau. We think the future is very bright,” Mr Drake told Bloomberg. However, he noted that since ‘‘the market rebounded in the second half of last year," the year-on-year growth rates may slow down in comparison to the first half of 2010. Mr Drake also stressed that the company is still targeting to open Galaxy Macau in “early 2011”. “We haven’t given an exact date out, it’s a little premature to give out an exact day. We want to make sure that we execute operationally and move forward. In the not too distant future we will release when our opening date is. We are on time, on budget,” he said.
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