Entries Categorized as 'Galaxy Macau'

Lui Che Woo Goes It Alone in Macao

Date October 9, 2006

You must give it to these guys, Sheldon Adelson, Dr. and Lui Che Woo all multi-billionaires, in their seventies and still going for it like there is no tommorrow! The compassion, energy and the brilliant minds of these guys is a joy to watch, good on them, there is no sitting on their butts for these guys!

Lui Che Woo spells out some interesting observations in this article about his US counterparts trying to make into another Las Vegas!

Please tell me more! »

Macau Gaming Revenue Keeps On Rising

Date October 4, 2006

Daily News reported the latest gaming revenue figures which are continuing to rise and are on target for a 17% for the full year. So based on those figures as we earlier reported Dr Stanley Ho Marketshare SJM income is increasing. I still do believe that SJM still occupies about 65% of ’s market.  

Revenues in ’s gaming sector for September stood at MOP 4.4 billion, a year-on-year increase of 15.7%, according to figures.

Please tell me more! »

Macau’s Billionaire’s Club

Date September 22, 2006

We all know that it takes more than petty cash to play the lucrative casino market in , the main criteria is that you need to be at least a billionaire and as proven we have five of those players playing the high rollers game in !

Let’s start with the grand old daddy of , Doctor , according to the latest figures released by Forbes he is the world’s 84th richest man with a net worth of US$6.5 billion.

Please tell me more! »

Series of Articles About Macau

Date September 14, 2006

The Las Vegas Sun send their two reporters Jeff Simpson and Richard N. Velotta to to attend the opening of Wynn but also to get a feeling for the market in .

They wrote four excellent articles and are talking mainly about the US casino operator’s and their Casino’s in . Even though they briefly mention the sub concession, they seem to forget that PBL Melco are building Crown as well as developing ‘The ’, not forgetting the Mocha Clubs that are running in !

Please tell me more! »

Galaxy best for Macau casino high-rollers

Date August 22, 2006

I am not so sure about these comments, as last week clearly stated that Sands was taking the high-rollers away from his casino’s. But then again the murder of his Golden Palace VIP executive this week, put again to the spotlight that his three Lisboa VIP gambling halls turn-overat least US$700 million a month.

So maybe Mr. Steven Tan has a point after all!

Please tell me more! »

Melco stock falls on Stanley Ho’s comments

Date August 15, 2006

Well it is interesting to note that Las Vegas Sands, Wynn Resorts and PBL stock hardly moved. has had a good run for many years, so it is good to know that other casinos’ like Sands have found ways to lure the high-rollers away from SJM. Maybe it is because the give fair and honest service to them. Surely SJM will have to fight back and have to come up with some more innovative ways to get their VIP rollers back.

As reported in The Standard - gaming companies such as Melco International Development fell following news reports quoting gaming tycoon Hung-sun as saying his casino unit is losing revenue due to competition.

Please tell me more! »

Macau Womens Volley Ball Aug 25-27, 2006

Date August 1, 2006

Womens Volley Ball World Grand Prix play-offs will all be held at the Forum on August 25-27, 2006. The event is proudly sponsored by the Galaxy Group.

The participating teams in are Brazil, China, Domincian Republic and the US.

Please tell me more! »

Macau to lead the way in Asia’s gaming boom

Date July 26, 2006

Casino gaming is increasingly accepted as a revenue stream for Asian governments and the sector is set to continue growing phenomenally with leading the way, industry players said Monday.

 From Australia to Singapore and other Asian countries, the region’s governments now recognise that integrated gaming “resorts”, offering casino facilities alongside and retail venues, are the way to attract more tourists and boost economic growth, they said.

Please tell me more! »