Galaxy Macau is readying to commence construction on the resort’s third and 4th phases, however the multibillion-dollar expansion won’t add much square footage in regards to gaming space.
Billionaire Lui Che Woo says the following two expansions at Galaxy Macau will focus in the non-gaming guest.
In its 2016 yearly report, which was filed just last week, Galaxy Entertainment reveals some of the blueprints for its five-star flagship resort in line with the Cotai Strip. The company that is hong-Kong-based to commence construction on phase three in the belated first quarter or very early second quarter of 2017.
Citing Macau’s ‘Tourism Industry Arrange,’ which aims to help make the gambling town less reliant on gaming revenue in favor of this mass market, Galaxy claims its additions will be properly used for entertainment and activities that are recreational.
‘Galaxy Entertainment continues to maneuver forward with Phases 3 and 4 . . . with almost all floor areas allocated 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 price of HK$16.5 billion ($2.1 billion). The resort at the time featured over 2,200 rooms across three resorts.
From its start, Galaxy Macau has been more focused on a wider demographic of guests compared with other companies committed to the sp Read more