Posts Tagged ‘Galaxy Entertainment Group’

Macau March revenue falls, and investors love it

April 4, 2019

Casino shares rallied in the US and Hong Kong after Macau reported gaming revenue fell 0.4% in March, beating expectations of a much worse showing. But the real story remains behind the numbers.

Totally globalized native New Yorker and former broadcast news producer Muhammad Cohen is a blogger for Forbes, editor at large for Inside Asian Gaming and author of Hong Kong On Air, a novel set in his adopted hometown during the 1997 handover about television news, love, betrayal, high finance, and cheap lingerie. See his bio, online archive and more at www.muhammadcohen.com; follow him on Facebook and Twitter @MuhammadCohen.

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Galaxy, Francis Lui lead Macau casino industry

February 25, 2019

Overcoming a star-studded group of rivals, Galaxy Entertainment Group deputy chairman Francis Lui has emerged as the leader of the Macau gaming industry. Observers say Galaxy has the best relationships with customers, stakeholders and government, a product of Lui’s attention to detail.

Totally globalized native New Yorker and former broadcast news producer Muhammad Cohen is a blogger for Forbes, editor at large for Inside Asian Gaming and author of Hong Kong On Air, a novel set in his adopted hometown during the 1997 handover about television news, love, betrayal, high finance, and cheap lingerie. See his bio, online archive and more at www.muhammadcohen.com; follow him on Facebook and Twitter @MuhammadCohen.

Galaxy keeps reaching for the stars

February 21, 2019

Introduced to gaming as a safe choice to bankroll Las Vegas Sands in Macau, Galaxy Enetertainment Group runs the most successful casino in the world’s biggest gaming hub and hopes to expand internationally.

Totally globalized native New Yorker and former broadcast news producer Muhammad Cohen is a blogger for Forbes, editor at large for Inside Asian Gaming and author of Hong Kong On Air, a novel set in his adopted hometown during the 1997 handover about television news, love, betrayal, high finance, and cheap lingerie. See his bio, online archive and more at www.muhammadcohen.com; follow him on Facebook and Twitter @MuhammadCohen.

‘Better world’ wins Macau mogul Lui’s jackpot

February 1, 2017

Endowed by Galaxy Entertainment Group’s chairman, the Lui Che Woo Prize pays US$2.6 million for “making the world a better place” in three categories.

Totally globalized native New Yorker and former broadcast news producer Muhammad Cohen is a blogger for Forbes, editor at large for Inside Asian Gaming and author of Hong Kong On Air, a novel set in his adopted hometown during the 1997 handover about television news, love, betrayal, high finance, and cheap lingerie. See his bio, online archive and more at www.muhammadcohen.com; follow him on Facebook and Twitter @MuhammadCohen.

Macau goes French, 2016 hot for Manila, India

January 5, 2016

Sands China’s Parisian Macao being a big hit tops predictions for Asian gaming in 2016. A move up for Manila, Indians as a target market, Asian operators moving into Europe and Disney Shanghai as a travel disruptor are other stories to watch as this year unfolds.

Totally globalized native New Yorker and former broadcast news producer Muhammad Cohen is a blogger for Forbes and author of Hong Kong On Air, a novel set in his adopted hometown during the 1997 handover about television news, love, betrayal, high finance, and cheap lingerie. See his bio, online archive and more at www.muhammadcohen.com; follow him on Facebook and Twitter @MuhammadCohen.

‘New normal’ drops Macau March revenue 39%

April 8, 2015

Analysts say Macau has found a new normal that’s limiting gaming revenue. March registered the tenth consecutive monthly revenue decline, though some insiders see some signs of potential recovery.

Totally globalized native New Yorker and former broadcast news producer Muhammad Cohen is a blogger for Forbes and author of Hong Kong On Air, a novel set in his adopted hometown during the 1997 handover about television news, love, betrayal, high finance, and cheap lingerie. See his bio, online archive and more at www.muhammadcohen.com; follow him on Facebook and Twitter @MuhammadCohen.

Despite casino slump, Macau shopping not dropping

December 9, 2014

Las Vegas Sands subsidiary Sands China’s big bet on Macau retailing keeps paying off, even as casino revenue slumps. Rival gaming operators hope to catch up when the new wave of resorts begins opening next year, but they’ve got a long way to go.

Totally globalized native New Yorker and former broadcast news producer Muhammad Cohen is a blogger for Forbes and author of Hong Kong On Air, a novel set in his adopted hometown during the 1997 handover about television news, love, betrayal, high finance, and cheap lingerie. See his bio, online archive and more at www.muhammadcohen.com; follow him on Facebook and Twitter @MuhammadCohen.

Galaxy creates new star in Macau

December 21, 2011

Since opening in May, Galaxy Macau resort has changed the game in the world’s largest gambling market. As I report in Asia Times, the resort has shuffled market shares, making parent company Galaxy Entertainment Group a heavyweight contender among Macau casino operators. Last week, Galaxy Macau opened a state of the art cineplex, highlighting the market savvy underpinning the resort’s success.

Totally globalized native New Yorker and former broadcast news producer Muhammad Cohen is author of Hong Kong On Air, a novel set in his adopted hometown during the 1997 handover about television news, love, betrayal, financial crisis, and cheap lingerie. See his biography, online archive and more at www.muhammadcohen.com.


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