Macau gaming operator Galaxy to open new venue on 15 May

11 March 2011

Macau, China, 11 March – Gaming concession holder in Macau, Galaxy Entertainment is due on 15 May to inaugurate a new facility in the casino area of Taipa Island, an investment of 14.4 billion patacas (US$1.8 billion), the group said Thursday in Macau.

Galaxy Macau, which began to be built in 2004, will be the only tourist complex to open its doors this year and will be the 34th casino in the territory, which is the only place in China where gambling is permitted and which covers an area of just over 29 square kilometres.

In an area o 550,000 square metres between the islands of Taipa and Coloane, Galaxy Macau will have around 600 casino tables and 1,500 gaming machines, and just one third of the tables will be for high rollers.

The new venue will provide three five-star hotels managed by Asian chains, specifically Galaxy, Japan’s Okura and Banyan Tree, from Singapore, which will have a total of 2200 rooms, suites and villas.

The resort will have an artificial beach with 350 tons of sand, the world’s biggest wave pool covering 4,000 square metres, 50 restaurants, shopping areas, as well as a 3D cinema and the “China Rouge” night club, inspired by Shanghai in the 1930s.

Around 97 percent of the 25 million tourists that visited Macau in 2010 were from Asia and some 22 million were from China and Hong Kong.

In 2010 gross revenues from the gaming and gambling sector in Macau saw a rise of 57.8 percent to 188.343 billion patacas, which is more than four times the revenues posted by Las Vegas, Nevada. (macauhub)