Galaxy Macau is readying to commence construction on the resort’s third and 4th phases, nevertheless the expansion that is multibillion-dollarn’t add much square footage in terms of gaming space.
Billionaire Lui Che Woo says the next two expansions at Galaxy Macau will focus regarding the non-gaming guest.
In its 2016 report that is annual which ended up being filed just a week ago, Galaxy Entertainment reveals some of the blueprints for its five-star flagship resort based on the Cotai Strip. The Hong-Kong-based company hopes to commence construction on period three in the late first quarter or very early second quarter of 2017.
Citing Macau’s ‘Tourism Industry Arrange,’ which aims to help make the gambling city less reliant on gaming revenue in favor regarding the mass market, Galaxy claims its additions will be utilized for activity and activities that are recreational.
‘Galaxy Entertainment continues to go forward with Phases 3 and 4 . . . with virtually all floor areas allotted to non-gaming and MICE that is primarily targeting, incentives, conferences, and exhibitions),’ Galaxy Chairman Lui Che Woo stated in the report.
Galaxy Macau launched in May of 2011 at a cost of HK$16.5 billion ($2.1 billion). The resort at the time featured over 2,200 rooms across three resorts.
From the beginning, Galaxy Macau has been more focused on a wider demographic of guests compared to many other companies invest Continue reading