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 space.
Billionaire Lui Che Woo says the following two expansions at Galaxy Macau will focus regarding the guest that is non-gaming.
In its 2016 annual report, which had been filed just last week, Galaxy Entertainment reveals some of the blueprints for its five-star flagship resort on the basis of the Cotai Strip. The Hong-Kong-based company hopes to commence construction on phase three in the belated first quarter or 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 associated with mass market, Galaxy claims its additions will be properly used for entertainment and activities that are recreational.
‘Galaxy Entertainment continues to go forward with Phases 3 and 4 . . . with almost all floor areas allotted to non-gaming and primarily targeting MICE (meetings, incentives, conferences, and exhibitions),’ Galaxy Chairman Lui Che Woo said in the report.
Galaxy Macau opened in May of 2011 at a high price of HK$16.5 billion ($2.1 billion). The resort during the right time featured over 2,200 rooms across three accommodations.
From its start, Galaxy Macau has been more concentrated on a wider demographic of guests compared to m Continue reading “Galaxy Macau Expansion Devoted Almost Completely to Non-Gaming”