Pursuits
Galaxy Says New Casino in Macau Started Softer Than Expected
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Galaxy Entertainment Group Ltd., which last month opened Macau’s first new casino projects in three years, said gambling at its recent expansion has been weaker than expected.
Business at the second phase of Galaxy’s Cotai casino resort “is satisfactory, but not as good as what we expected,” billionaire Chairman Lui Che Woo told reporters in Hong Kong after the company’s annual general meeting, adding he expects further impact of its gaming business if the city allows a smoking ban to be extended to VIP rooms.