Galaxy Macau is readying to commence construction on the resort’s third and 4th stages, but the multibillion-dollar expansion won’t add much square footage in terms of gaming space.
Billionaire Lui Che Woo says the next two expansions at Galaxy Macau will focus regarding the guest that is non-gaming.
In its 2016 report that is annual which was filed just a week ago, Galaxy Entertainment reveals some of the blueprints for its five-star flagship resort based on 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 really make the gambling town less reliant on gaming revenue in favor associated with mass market, Galaxy states its additions will be utilized 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 MICE that is primarily targeting, incentives, conferences, and exhibitions),’ Galaxy Chairman Lui Che Woo said in the report.
Galaxy Macau exposed in May of 2011 at a cost of HK$16.5 billion ($2.1 billion). The resort at the time featured over 2,200 rooms across three accommodations.
From the beginning, Galaxy Macau has been more focused on a wider demographic of guests compared with other companies invested in the lo (suite…)