Galaxy Macau adds two VIP rooms
Galaxy Entertainment Group Ltd’s addition of two new VIP rooms at its Galaxy Macau property on Cotai is likely to help the casino operator “outpace” the rest of the market on VIP baccarat revenue growth said Union Gaming Research Macau Ltd in a note.
The research house said that was in the context of “some of its [Galaxy’s] peer group seemingly placing a slightly lower focus on VIP lately”.
Gamal Aziz, president of Wynn Macau Ltd, told GGRAsia on the sidelines of the opening session of Global Gaming Expo (G2E) Asia 2014 that premium mass players – that theoretically offer superior margins to the house compared to credit-based high rollers – were now being courted more assiduously by his company, via perks traditionally reserved for VIPs including complimentary rooms.
Union Gaming said in its note today that Galaxy Macau’s two new VIP rooms were opened in April. GEG reported yesterday that its gaming revenue was up 33 percent year-on-year and seven percent sequentially in the first quarter of 2014.
Features
-
E-Sports and potential to bring millennials to casinos Nowadays, millennials, people who were born in the 1980s or... -
Food and drink major non-gaming push: Macau casino ops Food and drink have been heavily marketed as part of Macau... -
Macau law needs revamp to allow more concessions: experts Macau’s gaming law needs to be amended in order to...
Latest News
Sign up to our FREE Newsletter
(Click here for more)
Most Popular
Imperial Pacific suspends casino ops, blames super typhoon November 16, 2018 
Nomura sees 2019 returns upside even if Macau GGR shrinks November 16, 2018 
Manila’s Winford casino gaming revenue surges in 3Q November 16, 2018 
E-Sports, VR need Asia casino tryouts: Innovation Group November 16, 2018 
No news on licence refreshment in Macau policy address November 15, 2018