Pursuits

Macau Casino Billionaire Plans Avatar-Like Theme Park for Galaxy

  • Wealth of Lui Che-Woo, 86, more than halved since 2014 peak
  • Company to build water sports facilities for Hengqin resort

Galaxy's Lui Che-Woo: Macau Is a World-Class Hub

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Macau’s decade-long gambling boom made Lui Che-Woo a multi-billionaire and his casino company number three in the world’s largest gambling hub. The Galaxy Entertainment Group Ltd.Bloomberg Terminal chairman is now venturing into something more family-friendly: theme parks.

The next two phases of the HK$86 billion ($11 billion) Galaxy Macau project will include “something special and high-tech” similar to the movie “Avatar,” said Lui. Compared with larger theme parks such as Walt Disney Co.’s $5.5 billion Shanghai park that’s due to open in June, “our park will be smaller but unique,” he said in an in Hong Kong.