Shares of Galaxy Entertainment expanded their gains to as much as 5.3% in Hong Kong trading on Friday, while MGM China, an affiliate of MGM Resorts, grew over 6%. However, Galaxy, the gaming, retail and hospitality group controlled by billionaire Lui Che-woo, is also exploring starting gaming operations in the United Arab Emirates.” and MGM Resorts International are studying the potential of opening casino resorts in the country. In this regard, people who didn’t want to be identified because they consider this to be something private, said: “ Galaxy Entertainment Group Ltd. The moves to expand their presence and enter new markets mark casino operators’ stress over a worsening outlook for their Macau businesses, which once generated six times the gaming income of Las Vegas and provided historically high returns. and Las Vegas-based MGM Resorts International, two leading giants in the iGaming industry, are currently exploring opening casino resorts in Thailand, because they want to protect themselves against a worsening outlook for their Macau operations.Ī stressful situation for both companies: United Arab Emirates, U.S.A., Las Vegas, Latest Casino and Gambling News, Casino Destinations, Casino proposals, Casino News, Gaming Law & Legislation, Casino reviews from Macau, World Casino News, North America Casino News, Casino expansion projects, New Hotels, Casino openings, Gaming Industry News, Hong Kong, Middle East Gaming News, Macau, Asian Casino News, ThailandĪs reported by Bloomberg News, Hong Kong-based Galaxy Entertainment Group Ltd. Betting on sports futures, props and lay bets.

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