Skip to form

Galaxy Macao casino resort posted higher-than-expected customer numbers and spending in the first three days of the Golden Week holiday.

According to a report in the Macau Business Daily newspaper, Francis Louis Yiu Tung, vice president of the Galaxy Entertainment Group, revealed the fact on Monday, explaining that the Kotai strip venue was experiencing a full capacity.

Regarding this competition, 61-year-old Sands China Limited's $2.5 billion Paris Macau Casino Resort or Win Palace Macau, Wynn Resort Limited's $4.2 billion Wynn Palace declared that they were not worried and said that the different styles of hotels could actually increase the regional tourism competitiveness and attract more tourists to Macau.안전한 카지노사이트

However, the gaming mogul claimed that the city's casinos remain cautious about their earnings despite year-on-year growth for the second consecutive month after a 27-month slump.

Numerous game analysts predicted that Chinese Premier Li Keqiang's visit next week could adversely affect casino revenues in October, but Luiz explained that the visit was aimed at encouraging cooperation between Macau and China and that it was in the best interest of the central government to maintain the development of the game industry.

Louis Chew, the 87-year-old chairman of the Galaxy Entertainment Group and Louis' father, recently told Hong Kong news domain Now.com that Macau's future economic development has become dependent on the city's non-gaming elements, and its policies away from overreliance on VIP gamblers are slowly beginning to show its effectiveness.