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 terms of gaming room.
Billionaire Lui Che Woo says the following two expansions at Galaxy Macau will focus regarding the guest that is non-gaming.
In its 2016 yearly report, which had been filed just the other day, Galaxy Entertainment reveals some of the blueprints for its five-star flagship resort on the basis of the Cotai Strip. The company that is hong-Kong-based to commence construction on period three in the belated first quarter or early second quarter of 2017.
Citing Macau’s ‘Tourism Industry Arrange,’ which aims to really make the gambling town less reliant on gaming revenue in favor of the mass market, Galaxy states its additions will be properly used for entertainment and outdoor recreation.
‘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 started in May of 2011 at a high price 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 d (more…)