Galaxy Macau is readying to commence construction on the resort’s third and fourth stages, nevertheless the expansion that is multibillion-dollarn’t add much square footage in regards to gaming room.
Billionaire Lui Che Woo says the following two expansions at Galaxy Macau will focus in the guest that is non-gaming.
In its 2016 yearly report, which ended up being filed just a week ago, 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 stage three in the belated 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 regarding the mass market, Galaxy says its additions will be properly used for activity and outdoor recreation.
‘Galaxy Entertainment continues to move 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 stated in the report.
Galaxy Macau exposed 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 hotels.
From the beginning, Galaxy Macau has been more concentrated on a wider demographic of guests compared with other companies dedicated