Galaxy Macau is readying to commence construction on the resort’s third and fourth phases, nevertheless the expansion that is multibillion-dollarn’t add much square footage in regards to gaming space.
Billionaire Lui Che Woo says the next two expansions at Galaxy Macau will focus on the non-gaming guest.
In its 2016 report that is annual which had been filed just the other day, Galaxy Entertainment reveals some of the blueprints for its five-star flagship resort in line with the Cotai Strip. The Hong-Kong-based company hopes to commence construction on phase three in the late first quarter or early second quarter of 2017.
Citing Macau’s ‘Tourism Industry Arrange,’ which aims to make the gambling city less reliant on gaming revenue in favor associated with mass market, Galaxy claims its additions will be used for activity and recreational activities.
‘Galaxy Entertainment continues to go 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 during the time featured over 2,200 rooms across three hotels.
From the start, Galaxy Macau has been more concentrated on a wider demographic of guests compared with other companies committed to the region. Continue reading