• About Us
  • The Team
  • Advertise with Us

The latest news on the gaming industry in Asia

() () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()
  • Home
  • Macau
  • Philippines
  • Singapore
  • Japan
  • Rest of Asia
  • World
  • Industry Talk
  • Trends & Tech
  • iGaming
  • follow
    • Facebook
    • Twitter
    • RSS Feed
    • LinkedIn

Galaxy Ent launches voluntary exit scheme for pit bosses

Apr 22, 2021 Newsdesk Latest News, Macau, Top of the deck  


Galaxy Ent launches voluntary exit scheme for pit bosses

Macau casino operator Galaxy Entertainment Group Ltd said in a statement to GGRAsia that it was offering pit supervisors in its table games department a payment of MOP380,000 (US$47,500) if they wished to resign “voluntarily”. The company said the “one-off payment” would be settled together with the compensation for each volunteer’s last month of employment.

The firm had already introduced a voluntary exit scheme for pit managers in the table games department, added the statement, without mentioning when.

The communication, sent in response to GGRAsia’s enquiry, noted that the measure offered to pit managers had been “positively received”.

Galaxy Entertainment reported in February a loss of HKD3.97 billion (US$511.5 million) for full-year 2020, amid the disruption to tourism and travel to Macau wrought by the Covid-19 pandemic. The group had recorded a profit of HKD13.04 billion in 2019.

Two local gaming labour activist groups – the New Macau Gaming Staff Rights Association, and the Power of Macao Gaming – have recently expressed concerns about the implementation of voluntary exit measures offered to Galaxy Entertainment staff, and the compensation that might be involved.

The casino operator said in its Wednesday announcement that the offer to pit supervisors was under what it termed its “New Life Starter Program”.

The firm stated regarding those who chose to leave: “With regard to their employee benefits, including related insurance benefits and pension contributions, those will remain unchanged until their last employment date.”

Galaxy Entertainment said many of those that had already participated felt the programme had “helped them begin a new life and to achieve their personal goals”.

In the same statement, the company also mentioned opportunities for employees to stay with the group, but learn new skills.

The firm said: “As Covid-19 continues to impact businesses globally, Macau’s tourism and gaming industry is undergoing a structural change, thereby causing many of our team members to realise the need to pursue a more diversified development on a personal and professional level.”

Galaxy Entertainment noted it had “recently” launched a career diversification programme for its employees.

It noted: “Voluntary participants will have on-the-job training across different departments so that they can further develop their professional skills and knowledge, improve their workplace flexibility and competitiveness, and continue to be the talents of the integrated resort industry and for Galaxy Entertainment Group’s new development projects in Cotai.”

Francis Lui Yiu Tung, vice chairman of the Hong Kong-listed firm, said in comments in March that phase three of the group’s flagship Galaxy Macau venue on Cotai, would have “many new facilities that will be gradually launched in the second half of this year”.


  • tweet
Related articles
  • No extension of deadline for appeal in AAEC suit vs LVS
    No extension of deadline for appeal in...

    May 12, 2022  

  • Galaxy Ent 1Q EBITDA down 45pct sequentially to US$73mln
    Galaxy Ent 1Q EBITDA down 45pct...

    May 12, 2022  

More news
  • Macau’s unemployment an instability factor to security: govt
    Macau’s unemployment an...

    May 24, 2022  

  • Wynn Macau Ltd asks managers to take 10pct wage in stock
    Wynn Macau Ltd asks managers to take...

    May 24, 2022  


Latest News

Macau’s unemployment an instability factor to security: govt

Macau’s unemployment an instability factor to security: govt

May 24, 2022  

Macau’s unemployment rate, and the resulting social pressure, could potentially result in “instability” regarding the city’s security, said the Office of the Secretary for Security in...
Read More
Wynn Macau Ltd asks managers to take 10pct wage in stock

Wynn Macau Ltd asks managers to take 10pct wage in stock

May 24, 2022  

Macau op debt to hit US$25bln unless travel eased 2H: MS

Macau op debt to hit US$25bln unless travel eased 2H: MS

May 24, 2022  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day

”Resorts World Sentosa is now looking at broadening its customer base to those who engage in casual play for entertainment"

Tan Hee Teck

Genting Singapore’s president and chief operating officer



Most Popular

  • Macau GGR tax cut idea tied to China outlook: brokerageMacau GGR tax cut idea tied to China outlook: brokerage May 23, 2022
  • Review saw no irregularity in Levo Chan link: Macau LegendReview saw no irregularity in Levo Chan link: Macau Legend May 23, 2022
  • Wynn Macau Ltd asks managers to take 10pct wage in stockWynn Macau Ltd asks managers to take 10pct wage in stock May 24, 2022
  • Manila Westside launch aim still 2024: SuntrustManila Westside launch aim still 2024: Suntrust May 23, 2022
Copyright 2014-2022 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us